An exclusive discord community dedicated with intel about Forex, Stocks, Options, Crypto, and NFT's Follow for exclusive giveaways and prizes. Discord Link: TBA
@CryptoTice_@grok whatโs the expanded authority for the CFTC? Wasnโt this already in place before now? And why does this matter when then could pass it last week?
This is one of the most expensive markets in +100 years
Todayโs levels are even more expensive than the peak prior to the 1929 crash
The last time such a valuation run-up happened was during the Dot Com bubble
The next crash is going to be very painfulโฆ
Government spending is projected to continue trending higher for the next 3 decades
But revenue is set to almost flatline during this period
This divergence is going to lead to a BIG deficit for the US government
Unsustainability at its best
US population growth has fallen off a cliff
Nearing 0% levels indicating almost NO growth
Current levels have NOT been seen in 100+ years
This is worse than even the Great Depression
Portfolio risks are the highest level since before the Great Recession.
Historical data since 1976 shows: 7 yield curve inversions, 6 followed by recessions & bear markets.
The current inversion, the deepest in 50 years, signals caution. Data speaks louder than drama.
Warren Buffet, the Oracle of Omaha sold $10.4 billion of stock in the first quarter of the year.
In the second quarter, he sold close to $13 billion of shares and bought less than $5 billion.
In the third quarter, he sold about $5.3 billion worth of stocks.
The money supply of the United States, M2, started contracting in July 2022 and has been falling like a stone.
Since last year, the U.S. money supply has contracted by 3.3 %
There have been only four periods in U.S. history in which the money supply has had significant contractions:
in 1920-21, 1929-33, 1937-38 and 1948-49.
Each of those four episodes was followed by a serious recession.
The current monetary contraction is clearly going to lead to precisely what monetary contractions always lead to: a recession.
Buffet knows stocks will trend downward and is holding $158 billion in cash in expectance of a black swan or recession, likely both.
WARNING: Bank credit has officially entered contraction territory
After witnessing one of the sharpest drops on record
Since 1974, a contraction has only happened ONE time:
โ During the 2008 Financial Crisis