Every 2nd person I speak to is upside down significantly on lots of stocks …
The feds hawkishness with rates and everyone is piling into the $USD as it is a safe haven for the time being
The Fed doesn’t give a f@ck about the US economy along with sleepy Joe and will probably crash the market again early next year and we could see a rally for the interim
Rising rates and $USD kills stock valuations as we are seeing right now
Pay attention to all US data towards the end of every month and watch how the market reacts to Powell’s statements
A bit of dovishness regarding a pivot and it will fuel a rally or a bear market rally
We are in a bear market and have been since January
In the meantime stocks will keep selling off to shake out weak hands …
When the rally of the $USD is over they’ll pick up stocks and make profits for the next 25-30years
The whole worldwide financial system is the biggest scam known to man just don’t succumb to the bullshit including there narratives ..
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