He’s been saying the same thng since 2009—and the market is up 60%. He eventually will be right.
“He’s been saying the same thng since 2009—and the market is up 60%. He eventually will be right.”
The difference is that in 2009, the Fed hadn’t been through two rounds of “Qualitative Easing” and starting a third.
When interest rates rise - as they will have to for anyone to finance our debt going forward - you’re going to see people get out of stocks like rats abandoning a sinking ship.
The market is driven by one thing: future earnings. When those tank, the market falls. No future earnings: no market. We’re all just the next quarter’s earnings report away from a crash.
Yep. Everyone involved has every incentive to keep the bubbles floating via hook, crook or fabricated numbers (and particularly the ChiComs).