and let it be said that if it hasn't topped as of right this moment...it is FREAKING CLOSE... like sooo close. I can feel it in my bones.
The dollar is blowing up.
Fed is tightening (so far) They may reverse course and print infinity but that would cause a currency crisis which in my opinion would be wayyyy WORSE.
Crypto and other momentum assets are dropping like stones.
Cannabis stocks are ironically up. (which I think of as a recessionary signal, similar to cigarettes or alcohol stocks going up during bad times.)
We haven't had a 10% since Oct 2020 which is only 10 because I rounded up...
The DJI has produced an average gain of +50% per year over the last 2 years sine the massive monetary and fiscal stimulus. What is the average gain per year? How far will we need to fall to get back to the median line...?
I think this is the big one. To be honest I thought Mar 2020 was too, but that was just the warning signal. And that huge red arrow there is not the end of it... if this debt bubble is indeed bursting then one would assume that all of the progress because of said debt bubble should be erased more or less. So....at LEAST the last 12 years Hahaha! oh...it hurts...
But yeah. This is what I see. What do you see?
The dollar is blowing up.
Fed is tightening (so far) They may reverse course and print infinity but that would cause a currency crisis which in my opinion would be wayyyy WORSE.
Crypto and other momentum assets are dropping like stones.
Cannabis stocks are ironically up. (which I think of as a recessionary signal, similar to cigarettes or alcohol stocks going up during bad times.)
We haven't had a 10% since Oct 2020 which is only 10 because I rounded up...
The DJI has produced an average gain of +50% per year over the last 2 years sine the massive monetary and fiscal stimulus. What is the average gain per year? How far will we need to fall to get back to the median line...?
I think this is the big one. To be honest I thought Mar 2020 was too, but that was just the warning signal. And that huge red arrow there is not the end of it... if this debt bubble is indeed bursting then one would assume that all of the progress because of said debt bubble should be erased more or less. So....at LEAST the last 12 years Hahaha! oh...it hurts...
But yeah. This is what I see. What do you see?