SPY MASSIVE SHORT|EPIC MELTDOWN
SPY is below the structure and, as it is being obvious, the feds money printing can go that far only. The market is super expensive and as the buybacks of the majors dry out, we will see a massive market unwinding, with margin calls all over the place. Brace yourselves, for those who believe in V or L shapes recoveries are filling themselves. We will have YEARS of no growth. Massive unemployment and no consumption.
Credit cards are maxed out. States and towns and pension funds are broke.
The trade war will accelerate from that point onwards, which won't add anything to growth either.
And after all that you want to say the market near the all time high is Normal??
No. Hell no. If you've got any portfolio left in the mkt, sell now!!
What to buy? No idea. Bonds are trash. Gold is too expensive. And you can't load your pension into Bitcoin alone.
Any ideas??
Credit cards are maxed out. States and towns and pension funds are broke.
The trade war will accelerate from that point onwards, which won't add anything to growth either.
And after all that you want to say the market near the all time high is Normal??
No. Hell no. If you've got any portfolio left in the mkt, sell now!!
What to buy? No idea. Bonds are trash. Gold is too expensive. And you can't load your pension into Bitcoin alone.
Any ideas??
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.