That is what he said on the Warroom show. I was expecting the crash to happen after Election Day but surprisingly the market is still hitting record highs. What do you all think the market is going?
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That is what he said on the Warroom show. I was expecting the crash to happen after Election Day but surprisingly the market is still hitting record highs. What do you all think the market is going?
market was down 800 points until todays boost. If people keep attacking the shorts, i would not be surprised if big banks/funds fold in time.. The balance sheet has to have balance and if their is not enough to balance the losses, then the bank/fund fails... government bailouts, dollar crashing etc...
Usually the market has rallies before they finally correct or crash
With hyperinflation looming, the stock market CAN'T crash. It can stagnate until it falls in line. No way a crash happens though.
What are the effects of this situation?
I don't see anything good happening personally. House prices high, car prices high, nothing really depreciating that much right now.... Historically a recipe for a crash from my experience paying attention
The stock market is a measure of the mood of the elite. They supported Biden, so their mood is good. When Biden implements his policies, that mood will sour. Our currency is going to be under a heavy burden as he continues to print, but cuts off all policies that create growth to counter that.