Nice fall of the wood yes sir. But... Will the whole market drop for a few weeks? During this year he has made many attempts to fall but finally rises again.
10-20-percent of we are due if it falls 10-percent plus it might fall 20-percent max. The S&P, that is... Nasdaq I have no clue, it may fall more...
The market is entirely propped up by infinite money printing. When interest rates are near 0% it's cheap to lend money. Does this mean anyone has done their DD? Do you think these companies are getting loans out of the goodness of the bankster's hearts? No, money supply is created by lending debt and every major company in the S&P is leveraged to it's eyeballs. What is an IPO? Why do they always occur before a bust? Cheap money. This is the biggest head fake of all time. The market has completely disconnected itself from the valuation of companies and is entirely tied into the influence of the fed. Worse yet, the fed has taken the Japanese approach and bought ETFs. Meaning an independent, unregulated oligarchy is beginning to sink it's teeth into the last example of a nearly free market. When the fuckening will occur is anyone's guess but economically it must happen. The only alternative is hyperinflation which will occur when foreign debt buyers stop buying garbage loans from the US. This goes back to 1971 and finally it would seem that COVID has killed the golden goose and if the delta variant takes off it'll be the final nail in the coffin of a 45 year long robbery of the American people. Abolish the fed and arrest the banksters.