CAUTION IS STILL IN ORDER IN ALL ASSET CLASSES! Markets have to be ready to go down and they certainly appear ready.
Turkey breaks a key area of support that dates back to 2008. Turkey is collapsing towards hyper inflation.
TRYUSD continues to collapse after removing the Central banker who raised rates to 19%. The new CB said he will lower rates. Turkeys 10 year bond skyrocketed instantly from 12% to 17% while the TRY lost 18% instantly as well. Why BC Turkey listened to MMT and wants to lower rates. The chart above clearly shows lowering rates collapses the currency. If you want...
The start of pandemic Cooperate profits (CP) Dropped stock soared. $8 Trillion is printed out of thin air, FED QE, Loans, ZIRP, and handouts like candy "for the people's economy" CP Soared! Now what? Inflation soaring, less funnny money, tapper of QE, rate hikes, going into a slowing economy, what do you think will happen next?
Inflation over last year... Home Prices: +19.5% Import Prices: +10.7% PPI: +9.6% CPI: +6.8% PCE: +5.1% Back in May of this year, I warned that there is a worrisome inflation problem on going. At the same time, I was cautious that we had some YOY problems with the chart (going from lockdowns to opening up) that skewed it a bit. having said that, the concern was...
FOMOist and Buy The Dippers be cautious! A lot of Social Media Experts are about to get exposed. Most of the "Experts" were not even alive let alone seen or traded a bear market. The "I Bought MOAR" is not going to fly very well if this is the top. As Always I provide references to my calls.
It is now down 88%. As mentioned in the comments another bites the dust.
No matter how high a stock goes it is always 100% from zero.
CAUTION IS STILL IN ORDER IN ALL ASSET CLASSES! Markets have to be ready to go down and they certainly appear ready.
Do not blame it on Not Supply Chain or call it "TRANSITORY"! Top 3 Real Central Bank Rates (rate minus #inflation)... Argentina: -14.1% US: -6.7% Turkey: -6.3% FED Dual Mandate Maximum Employment & Price Stability! The FED failed Miserably at both! #MMT (Modern Monetary Theory) is Garbage!
Please don't make this political it's not. I could not care less about politics. Never mix your politics with Macro Economics! Political economic theories are a joke and no one who is serious should ever subscribe to them. Always let the data tell you what is really going on, never tell the data what is going on. That's the difference! FED's dual mandate of...
Back on Nov. 23rd I posted DAWC s chart at $40 and asked everyone not to laugh. Today it's up 63%. A Glorious Victory! haha
Contrary to popular belief H&S in an uptrend bullish market is actually bullish. Only when there are multiple H&S or at a key area of long term resistance do they become bearish reversal, Aus200 is a perfect example of a potential reversal.
CAUTION IS IN ORDER IN ALL ASSET CLASSES! Markets have to be ready to go down and they certainly appear ready.
As I have long argued Reverse Repos were used to unwind QE by selling them in the open market (meaning short bonds). As such we have been tapering for over 8 months now and the yield curve has collapsed. Expect RR to drop when the FED starts to taper going into a slowing economy. The simple truth is that the market always finds a way to self-correct. The...
I have published several bearish Crypto charts this week warning things don't look good at all. As always references are below. Today BTC broke key support. Gap Down Monday coming in markets? CAUTION!
As a follow-up to my Video Published on Dec 3rd VIX has broken higher and is following through. CAUTION is in order.
I had a short signal posted back on May 25th It took a better part of a year to wear people out. Now we are at a key area for the "Scare you Out Part" CAUTION!