Greg, this is a slow death march over the cliff of world wide economic disaster. G and S will be the only thing that will save our collective arses when they do drop the hammer.
Brace yourself... this is going to be a long slow unwinding of the debt bubble. I was a young lad during the high inflation period of the late 70’s and early 80’s. I remember it started to be felt by the populace when gas prices went up 100%. (22 cents to 55 cents per gal). Then again, from there too over 77 cents a few years later. People were happy to get mortgages for 18% apr. I wouldn’t be surprised if we see rates get there again.
Just keep in mind.. inflation will continue until demand for goods hits bottom and fuel prices drop due to low demand. That means the economy needs to crater. That’s gonna be allot of pain for the populace.
Thanks Greg you always told us to watch the 10 year yield. Only Normalcy Bias can allow us to deny what we are witnessing right now. MMRI is going to break the gauge soon...
It appears that the incredible spiking of the 10y bond this morning was precipitated by the currency intervention of the Japanese Treasury selling off US treasuries last night and buying yen to prop up their currency against the USD. It is unclear at this moment how much of their 1.1T USD reserves they sold off. As of 11:20 eastern time the 10y rose 16.8 bp to 3.699% at MW and 19.4 bp to 3.706% at CNBC. It looks like the Fed is not intervening., at least not yet. This could be the big one as GM predicted. I am particularly worried as my wife has an international flight to return to me on Oct 3, and this could result in a total credit freeze up by then, canceling her flight.
I am so confused. A financial illiterate. The learning curve is so steep and I need to preserve what's left of my late husband's deferred comp account before it fritters away to nothing. Greg are you available for consult?
how long till the mmri breaks 300???.....folks its vital that we reshare these truths with as many people as we possibly can worldwide and ask each one of them to do exactly the same then we can all have a clear conscience that at least we tried....that said beware the censorship gestapo...greg be sure to keep us posted on alternative arrangements when spew tube give you the order of the boot
Greg, this is a slow death march over the cliff of world wide economic disaster. G and S will be the only thing that will save our collective arses when they do drop the hammer.
You're getting what you deserve.
And Gxxxs and Axxx!
GM I am seriously thinking of Selling all my stocks because I am thinking 2023 is going to really suck. what are your thoughts?
Charles Nenner sees the DXY reversing at 113 , we'll see.
Maybe plateauing but not reversing.
Hope you’re all ready for that long dark winter Biden was babbling about
Thx for the blow by blow in all the markets! We depend on your work to keep us in the REAL know ...
Digital currency is coming soon.
Already on its way. If you read The Mummy's report on digital assets it was crypto bad, CBDCs good.
Not looking like a good day for the market thanks for the update Greg ☝️
Brace yourself... this is going to be a long slow unwinding of the debt bubble. I was a young lad during the high inflation period of the late 70’s and early 80’s. I remember it started to be felt by the populace when gas prices went up 100%. (22 cents to 55 cents per gal). Then again, from there too over 77 cents a few years later. People were happy to get mortgages for 18% apr. I wouldn’t be surprised if we see rates get there again.
Just keep in mind.. inflation will continue until demand for goods hits bottom and fuel prices drop due to low demand. That means the economy needs to crater. That’s gonna be allot of pain for the populace.
Maybe in a billion years you'll be intelligent like me.
Fed's purposely destroying the world
At least we know who to blame
Is that.intelligent enough for you?
Your $1000 is in the mail
Thanks Greg you always told us to watch the 10 year yield. Only Normalcy Bias can allow us to deny what we are witnessing right now. MMRI is going to break the gauge soon...
It appears that the incredible spiking of the 10y bond this morning was precipitated by the currency intervention of the Japanese Treasury selling off US treasuries last night and buying yen to prop up their currency against the USD. It is unclear at this moment how much of their 1.1T USD reserves they sold off. As of 11:20 eastern time the 10y rose 16.8 bp to 3.699% at MW and 19.4 bp to 3.706% at CNBC. It looks like the Fed is not intervening., at least not yet. This could be the big one as GM predicted. I am particularly worried as my wife has an international flight to return to me on Oct 3, and this could result in a total credit freeze up by then, canceling her flight.
😢wife damn the market
Same ole same ole, time and time again, all will continue just as it has... until the day it doesn't.
How long oh for how long, will the sheeple continue to believe the $usd has some intrinsic value?
It seems as though the entire country if not the world has lost their collective minds.
I am so confused. A financial illiterate. The learning curve is so steep and I need to preserve what's left of my late husband's deferred comp account before it fritters away to nothing. Greg are you available for consult?
No he's not available for a consult, but I am sweet cheeks.
MMRI and the DXY like a fever goes up until it doesn't! Then it goes down all
good for stocks in the long term. Short and mid term like the ice cream "Rocky Road".
The Movie had a full family of all kinds of parents, grand parents, kids and grand kids.
At the end of the movie all of them are on a roller coaster that had deep and quick downs
and then up, then over to the side and around, a euphemism about actual life- cyclical.
Keep your powder dry and wait patiently.
Additionally the Fed pussed out and did the vanilla version of rate increase instead of
just doing a larger one and done. So, that ain't going to work to stave off inflation over
time. Even the Whales in the Bond Market, were out there saying yesterday okay .075
and that's "it"!??? When you are in as an example a war, do you want a general and leader
that has his wits about them, knows what has to done and gets it done? Or someone that
wishfully thinks the enemy will eventually retreat and leave you alone?!!
Same is true as to inflation. Once you release it and then don't deal with it, it becomes
a ravenous beast so I am rather perplexed and saddened as to the Fed. They will fail
now miserably and then that will all pervade the other markets as inflation is a "door"
you don't want opened for very long because it let's the hungry wolves in.
how long till the mmri breaks 300???.....folks its vital that we reshare these truths with as many people as we possibly can worldwide and ask each one of them to do exactly the same then we can all have a clear conscience that at least we tried....that said beware the censorship gestapo...greg be sure to keep us posted on alternative arrangements when spew tube give you the order of the boot
That was the dumbest thing I ever heard. You must come from a family of dummies.
Idiot.
your the idiot you self opinionated muppet
Sooo what ever happened to getting short this market
Greg got his ass handed to him this year. Stopped making calls.
He's not as smart as I thought.
Eeeeeeeheheheheheeeheheeeee 😈😈😈😁😂🤣😂🤣😂🤣😂😁😅😄😂😂😂🤣🤣
He knows that comment didn't come from me shortsellwrsexwithsheep.
Hahahahahahaha 😃🤣🤣🤣🤣🤣🤣
Eeeeeeeheheheheheeeheheeeee 😈😈😁😄🤣🤣😂😁😅😂🤣🤣🤣🤣😂😁😅
I did last week and again this week. I shall see, might take a few days but it should test the june bottom again.