XJO 0.76% 8,193.3 s&p/asx 200

XJO - Bear Posts only (Factors which might cause the markets to fall), page-17039

  1. 3,448 Posts.
    lightbulb Created with Sketch. 1062
    As is so often the case, my steamed friend, you are wrong. Lots of analysts have a track record equal or worse to Harry Dent. All the big guns, such as Jeremy Grantham, Gerald Celente, Harry Dent, Mike Maloney, Jim Rickards, Michael Pento, Peter Schiff, Michael Burry, Alisdair McLeod , etc have ALL mistimed the market since 2016. Why? Because who on Earth would have thought global Central banks would have engaged in endless QE, the most spectacular being the US Fed, blowing the balance sheet out to 10T USD.?. Who would have thought they would have acted so recklessly and irresponsibly under their fiscal and monetary obligations? Who would have thought they would dole out all that free money to keep working people at home in 2020? The US budget is now a gigantic Ponzi scheme that will come to an ugly ending in 2033 at the very latest, because by then their revenue will only cover some of their expenses.

    So yes Harry's (and other analysts) predicted dates for the crash have been wrong so many times, but we know they are right in their overall theses. The XJO bears have been kind enough to examine all this over the last few years for your benefit, so you only have yourself to blame if you STILL do not understand.

    When going wong on stocks in Wome, do as Biggus Wazza does .

    @Bruno81
    best to assume US indexes will rise until the US elections, then re examine, imo.
    Last edited by Load: 28/08/24
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.