Wow. I disagree. We're not near the bottom yet. Historically, recession bottoms come AFTER fed begins cutting rates. Not slowing increases but actually cutting rates. We are 3 months from that at least. Another point, Fed Funds rate has to be ABOVE rate of inflation to control it. We are still a ways away from that. Again, pointing more to 3 - 6 months down road for a bottom. Add into that major crypto contagion and there is WAY more downside still at this point.
Seems like literally everyone is forecasting a crash into a very deep recession/depression in the coming months. When everyone is going one way, the tide has a good chance of doing the opposite. Personally, I am sticking with gold, silver, and energy, particularly companies that pay me often to own their shares.
Still waiting for a Black Swan Event to crash the market. Rate hike change seems too easy right now. I think the market will rally after this, but something big will be revealed very soon that will drop this market like 2020...then goes higher.
You are greatly Appreciated. You always come through for your 🦁
Wow. I disagree. We're not near the bottom yet. Historically, recession bottoms come AFTER fed begins cutting rates. Not slowing increases but actually cutting rates. We are 3 months from that at least. Another point, Fed Funds rate has to be ABOVE rate of inflation to control it. We are still a ways away from that. Again, pointing more to 3 - 6 months down road for a bottom. Add into that major crypto contagion and there is WAY more downside still at this point.
Seems like literally everyone is forecasting a crash into a very deep recession/depression in the coming months. When everyone is going one way, the tide has a good chance of doing the opposite. Personally, I am sticking with gold, silver, and energy, particularly companies that pay me often to own their shares.
So glad you’re back . It’s not the same without your daily market analysis ( informative and funny at the same time ) . Cheers
I agree with that, as Greg's morning wakeup call is what puts me to bed, and his after the market call is what I here after I wakeup!
Still waiting for a Black Swan Event to crash the market. Rate hike change seems too easy right now. I think the market will rally after this, but something big will be revealed very soon that will drop this market like 2020...then goes higher.
Thank you GM, your input helps a lot In making these decisions for myself
Yea
Thank you Greg for keeping us on track and fearless.
Truly an awesome being Gregory. Your family is proud.
You were right Greg.
Mark
I hope you wrong, we need a crash that will take decades to recover
Whatcha buying on the dips?
Good to know! Thank you for being on top of these things, very helpful.
Did you miss the economic projections data?