Still waiting.
We are going to crash up. This rate cut is a policy mistake. Inflation and growth are about to rocket higher. Until yields/rates get out of control and nuke everything. But until then, this might be 1999 all over againAfter you receive your settlement check, don't spend it. People are living paycheck to paycheck.. America is all about trading stock, you cannot rely on jobs to give you a comfortable lifestyle. I watched many tiktok/youtube videos-- many applicants have to go through 6-7 job interviews on average compared to 2-3 in the past. People are getting frustrated.
On my other thread I said Sept/Oct will crash. This miserably job report is the accelerant..
Wait until the end of sept/oct, there will be a 10-15% dip. When I said crash, I don't meant a 50%+ crash like in 2001/2008. I know many people are waiting for a 50% drop, but very low % that will happen.midnite67 said:We are going to crash up. This rate cut is a policy mistake. Inflation and growth are about to rocket higher. Until yields/rates get out of control and nuke everything. But until then, this might be 1999 all over again
Get very long until you stop seeing market crash calls every 2 seconds on every social media outlet. The fact of the matter is they are cutting rates with gdp over 3%, inflation way above the feds target rate of 2%, unemployment still way below historical averages (6%), the stock market, real estate, gold, and every other asset known to man at all-time highs. You can make a good argument they should be raising rates.Wait until the end of sept/oct, there will be a 10-15% dip. When I said crash, I don't meant a 50%+ crash like in 2001/2008. I know many people are waiting for a 50% drop, but very low % that will happen.
From now till 2030, there are dips but not a 50% drop like in 2008. You can bank on my words. 😃
This dip is about bad job report, rate cut and most importantly war on South America.midnite67 said:Get very long until you stop seeing market crash calls every 2 seconds on every social media outlet. The fact of the matter is they are cutting rates with gdp over 3%, inflation way above the feds target rate of 2%, unemployment still way below historical averages (6%), the stock market, real estate, gold, and every other asset known to man at all-time highs. You can make a good argument they should be raising rates.
You are probably right. If this month end up positive. we may see the dip at the end of Oct/Nov.midnite67 said:We are going to crash up. This rate cut is a policy mistake. Inflation and growth are about to rocket higher. Until yields/rates get out of control and nuke everything. But until then, this might be 1999 all over again
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