Just a little history: back in 1979, the yield curve troughed after being negative for several months. It never turned positive throughout the year and a recession didn't start until the beginning of 1980. The whole time, core CPI went from a 7 handle to a 12 handle and the Fed Funds Rate went from a 10 to a 13. The S&P 500 $SPX $SPY was up more than 7% during this period. In 2023, it now appears the curve troughed a couple of weeks ago.
I will be reviewing the Biden family banking records and cash payments from China.
I don’t know what is worse.
The President’s son (then VP) taking millions from China for favors from his father or his payments to young prostitutes.
Those poor little girls.
$SPY fed is going to force us into a recession if necessary to cool inflation. Market is still hot and CPI data confirms it. Keep your eyes open and keep cash. Lot of opportunities to buy the dip
Jeremy Grantham has warned the implosion of an "everything bubble" could tank the S&P 500 by up to 50%, and plunge the US economy into a painful recession, per BI.
$SPY
POWELL: "IF WE NEED TO RAISE INTEREST RATES MORE THAN EXPECTED, WE WILL"
"FED BOARD DOES NOT EXPECT TO DECREASE RATES THIS YEAR"
#StockMarket#stocks
$SPY so sick of the government interfering with the market everytime there's a slight inconvenience. Let the market be independent!
No way SPY should be approaching 400 again