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.
- Forums
- ASX - By Stock
- XJO
- XJO - Bear Posts only (Factors which might cause the markets to fall)
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16225
-
- There are more pages in this discussion • 899 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
8,091.9 |
Change
46.800(0.58%) |
Mkt cap ! n/a |
Open | High | Low |
8,045.1 | 8,091.9 | 8,045.1 |
Featured News
XJO (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online