Lord Bell, mate, you have no credibility left whatsoever....

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30/04/25

20:28

Post #: 78869389
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Originally posted by Lord Bell: ↑

Tomas...you may well be correct ..However please check out the number of Standard deviations from the mean of the S&P 500... it's almost three plus...very dangerous territory ....also the PEx is in the same range of standard deviations from the mean...Generally corrections at these levels.
I've decided to sit on the side lines believing at least a 35%/40% correction is coming in the USA...Well I did buy a little SNAS and will add as correction proceeds.

On US growth and inflation...Tariffs already raising prices and factories closing in China as sign of falling exports . No question Chinese growth slowing rapidly..Goods supply into the USA from China slowing rapidly..in most cases no substitutes in the USA..so expect nothing on the shelves ...especially vehicle parts supply chain.
In many shops like Walmart shelves are emptying...Chinese just not supplying.

Seems world growth is slowing...this points to recession.
In recession all prices and revenues are affected. Energy prices fall and that will include the price of uranium,coal,gas, oil....Please look at the charts of these prices.

Now I'm looking down the road ..and not present signs in market action apart from the excess Standard deviations...I'm looking at China slowing as signs of US tariffs causing also a U.S. slow down...Goldman Sachs now in agreement signs of recession growing!!!
All the Best to All

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Lord Bell, mate, you have no credibility left whatsoever. You3oate was right about you all the time. I can't believe you changed your tune so quickly...

PEN Price at posting: 62.0¢ Sentiment: None Disclosure: Held
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Lord Bell, mate, you have no credibility left whatsoever....

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Lord Bell, mate, you have no credibility left whatsoever....

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