XJO 2.19% 7,936.9 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-16225

  1. 10,476 Posts.
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    I was just reading and if this is correct, why don't people trust the numbers?:

    May jobs revised from 272K to 218K
    April jobs revised from 165K to 108K

    You can fudge the numbers for only so long before as has begun happening, no one trusts them anymore. The mother of all bubbles is going to burst very soon and if you look at the latest economic data over the last 2 weeks even with the fudging it suggests the crash has started. Good luck all but I am willing to bet the incoming crash will be worse than what I saw in 1987 and 2008 put together in both stocks and housing.

    P.S. Can you imagine what would happen if "covid" traders who have never seen a real crash see markets fall 50 - 60 percent (maybe more)? A small 10 percent correction has them screaming manipulation now. Note, I said "if" because I was being kind I think its a case of when not if and not that far away .
    Last edited by Baron1: 05/07/24
 
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