Peter Schiff calling a recession (what else is new). Something something every yield curve inversion preceded a recession over the last several decades. Many of the large institutional traders I follow seem to be hinting at a large pull back in the market. Any macro analysts out there who can provide insight?
Just more of what I always say—it’s bad.
But the USG is committed to “do whatever it takes” to keep the economy/market propped up.
So, a battle of natural economic forces vs human willpower/ego. Eventually the prior wins. The whole trade war thing could be what pushes it over the edge, now they are trying to pull off that and keep the house of cards propped up, a difficult stunt.
This executive order has yielded trillions. US ain’t going anywhere.
the Fed has been nationalized behind the scenes. Trillions of fraudulent debt will be erased, global accounts settled, and a new global gold backed currency will take the place of the USD. no more Babylonian money dark magic. Many of you will be out of a job.
schiff a perma bear idiot. with that said there are many signs that bear market is coming:
inverted yield curve. globally inverted. us still flat.
rising rates.
oil price rising
18 year low unemployment
high profit margins.
9 year bull run, median is like 5 years.
all time high for consumer confidence.
https://www.youtube.com/watch?v=8zSRkr1nQNw
I want you to live your life of course But I hope you get what you dyin’ for Be careful with me, do you know what you doin’? Whose feelings that you’re hurtin’ and bruisin’? You gon’ gain the whole world But is it worth the girl that you’re losin’? Be careful with me Yeah, it’s not a threat, it’s a warnin’ Be careful with me
im really mad i wanted to turn this to a thread.
Bubble boy
Bubble bubble bubble boy
Bubble boy
Bubble bubble bubble boy
He’s a perma bear smartie.
We all know you can’t call timing (he knows too), I think these guys just have to be like this to get the clicks and media invites. I just ignore the timing calls and listen to the analyses, which are pretty good.
timing is not the issue. anyone who is a perma bear is an idiot. there are over 150 years of data that shows the market in an overall upward trajectory. if you increae your time in the market, at some point there is a 0% chance to lose money, around the 15th to 20th year.
It’s weird. I say it here and it shows up in the news the next day. This is cover. It’s already been nationalized.
https://www.cnbc.com/2018/07/20/trump-poised-to-take-control-of-the-federal-reserve.html
Stawman, I doubt Schiff is perma short. He’s just pointing out financial flaws in America’s system which have existed permanently for decades now.