The Fed’s aggressive interest-rate hikes risk pushing the U.S. economy into recession — and the evidence is in the data.
While failing to address many drivers of inflation, the Fed is pumping the brakes on the labor market and slowing the economy.
Congress needs to step up.
As we chop around, the majority that screams it's over - will never buy back in. Watching each rally fail only adds fuel to their bias. Every pump will condition them to never buy back in the market, because the rallies always fail... until it's too late. Sidelined Anon Sidelined
the ones who made the highest gains since 2018 are high conviction holders and/or ones who contributed the most to the ecosystem
line drawers, chart readers for 12-14 hours a day underperformed significantly and were left constantly stressed, poor quality of life..
29. The easiest way to spot a larp is low conviction posts that are treated as if they were high conviction calls *in hindsight* when predictions happen to be right.
Wordplay is an art and storytellers run the world.
@Bobby_Axel_Rod I've never seen a recession happen when it was expected. The masses are clueless and when they are all calling for something the odds of it happening are extremely low. Black swan events happen for a reason, they aren't expected and talked about.
While I understand you must be cautious w/ the current environment (inflation, war etc) don't let these people hinder you from having at least some exposure to the market - otherwise you'll have a chance of getting left behind like the many I've already seen so far.
Each cycle lengthens, signs of a bubble amplifies from previous ones. It's as simple as that. Every time we've had a correction it's the same ppl yelling doom, what do they have in common? The majority of them self-admittedly got shrekt'd in 18' longing the whole way down.
Why would you trust someone who couldn't identify the previous cycle top to call the current one? They called for doom at 28k and are again calling for doom now, just scroll down your favorite bear's twatter feed for a good laugh at their PTSD this whole cycle.
We are at a major inflection point & I couldn't be more bullish. Bearish sentiment is so high it looks like 2003, 2009, 2016 & 2020. This will be steeper & faster than any of those big rallies & it is just getting started.S&P to 6000,Nasdaq to 20,000,DJIA to 45,000,RUT to 3000.
"Trust me bro, I was around 17" - most used phrase of this cycle - Seen many 'smart' traders lose trying to big brain the market when things look 'overheated'. Surround urself with 'smart' but bask with the 'dumb' to find balance. Being rational doesn't work in irrational markets