Kirk65

SP500 Suckers rally over !

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Kirk65 已更新   
PEPPERSTONE:US500   US 500 Index
The suckers rally is over. After CPI PCE and PPI show hot numbers, the market is realizing that CPI is not coming down anytime soon
and is sticky. DO NOT EXPECT FED to PIVOT anytime soon!
評論:
This is just the beginning of a huge recession. More and more banks will be insolvent in the near future.
If investors really think the market only will go up, then they need to stop investing and use their time on something else. A high rapid rise in the interest rates and a huge depth that is only growing is prone to a disaster worse than the 2008 crisis..
We will take the lows and go even lower...
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