Biden Economic Collapse Watch: The S&P is on the brink of a 10-15% crash in March
(media.patriots.win)
Comments (3)
sorted by:
DEFAULT COMMUNITIES
•
All
General
AskWin
Funny
Technology
Animals
Sports
Gaming
DIY
Health
Positive
Privacy
IMHO, the real thing to watch will be the bond market. The thing is, the Fed can't keep the yields down without buying tons of bonds and creating massive inflation. But that will create pressures to drive the yield even higher. It's the worst feedback loop you can possibly imagine. IMHO, people would be pretty wise to pick up some gold, it's been kind of cheap lately.
Agree with you hundred percent. If the bond market catches a cold equities catch super aids. But, at the same time equities may have already been destabilized as it's not going to take much to knock it over and the yield surge alone may have been it.
Peter Schiff brings up a good point with gold that people sell it reflexively when yields rise even though inflation is going up, so I'm going to wait until the Fed does it's next yield slam down. Maybe they will wait until it gets closer to 2% to fire the cannon and go to a 10 trillion dollar balance sheet.