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XJO - Bear Posts only (Factors which might cause the markets to fall), page-16909

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21/08/24

22:14

Post #: 75313950
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Originally posted by Baron1 ↑

https://thehill.com/homenews/4836656-federal-reserve-labor-market-survey/

"Number of people looking for a job spikes in latest Fed survey

The proportion of respondents seeking employment over the past four weeks jumped to 28.4 percent from 19.4 percent in July of last year..."

We are also expecting a huge jobs revision in the US this week that will prove the numbers were fudged for months/years now as we all said to keep the Ponzi afloat. While I still believe the S&P and Nasdaq will fill those upper gaps, the market is almost out of time as clearly the collapse of the global economy is accelerating. The carnage and the short of of lifetime starts very soon. Soft landing anyone?

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Emporer , when you close your NDX/SPX/XJO short in 2025 or 2026, your new riches will allow you to obtain ...

And um, some quite on point comments from DDB at the 7:00 mark onwards.

XJO Value at posting: 8,010.5
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