The bears have a very short window to get this down.
Come Tuesday, all bets for downside will be off.
They have till Tuesday to get the job done.
Anyone guess why?
Itโs an easy answer.
Fed Chair Wash.
Enjoy the party while it lasts. It will be short lived.
$SPY $QQQ
The unprecedented parabolic surge in semiconductors now plunging back toward Earthโs atmosphere and straight for the crust is grabbing all the headlines.
But the real threat is far more dangerous: the rising probability of a 1970s style stagflationary environment.
If that stagflationary dragon awakens and unleashes its reign of fire, exploding debt servicing costs will become a savage, economy crushing reality.
Yours truly,
The Great Martis.