The markets have been so influenced by Fed policy over the last couple years that I believe the market rebound is entirely dependent on a Fed pivot back to dovish monetary policy. Until that happens, we are going LOWER!
This kind of thinking reminds me of the 07-09 bear market. When JPM bought Bear Sterns, everyone thought that the worst of the crisis was over. The markets rallied for 2 months before they resumed the ride lower. If the underlying problem doesn't get fixed, the rally is going to be temporary.
The German and French Bond market started to fragment today. The German 10yr Bond yield was up 19 basis points and the French 10yr bond yield was up 18 basis points. These miraculously turned around with both then beingup just 1 basis point up. The ECB is clearly in the market doing yield curve control .
Massively inflationary and in my opinion a credit freeze isnt far off
I watched a Stansberry interview with Willem Middlekoop a couple of days ago. He thinks the stock market will keep going up because the money leaving the debt markets will go into stocks.
I see a lot of talk about commodities but never a distinction between physical assets vs stocks or etf's that give exposure to commodities. i.e; owning a stock of a commodity producer vs. a garage full of their product? Is oil not a commodity and therefore oil stocks good to have?
Greg-what you have said is clearly starting to play out. I have followed your work for a few years and I believe that the time is upon us on for what you have predicted all along. You damn sure haven't waivered on your opinion on this topic ever it is your thesis..
Buy physical metals ,crytos and that commodities would soar.
Today stonks are under pressure pursuant to the 4th largest daily sell program in history according to an article that just posted to ZeroHedge. They have all occurred in the past 2 years with the indexes subsequently ripping higher. However, the article suggests that this time is truly different as the Fed is intentionally creating demand destruction and thus have no interest in saving the stonk market.
I think it’s going to be a couple more weeks of downward pressure before a possible turn could take place. I’ve been in cash and commodities with just a small amount in equities other then commodities. I’m willing to take a risk, but not a large one.
I don't bet against the Michael Burry's of the world or count on massive gains in stocks
when you look at all the head winds we are now facing. If the whole financial system, banking
system were sound and functioning normally and straight, you would say, yes this will eventually
bottom out and then go upwards. That's reality of a functioning, healthy financial system is no
longer reality but more a fantasia world that people "believe is true". If your system is no longer
functioning with all it's moving parts systemically and healthfully, yes that bounce back to higher
trending would be called for. But when your "banks" along the "river of currency" are all f____
up and diluted and eroding and interest rated, etc are all fakery, it is far better to find solid ground
whether in sound, profit making stocks with dividends, or commodities as if the system bottom finally
comes to fruition you still have "something" rather than paper that then you then can use for toilet paper! Greg is over the bomb site that's why he's starting to get flak because he knows a hell of alot more as a trader over so many decades than we outsiders do. I don't bet against Burry and I don't bet against Greg. It may take a while for whatever they are predicting to take place but it will take
place unless and until the runners of the current system start taking the situation a little more seriously for the sake of the health of the whole system that every one relies on over time
to conduct business and personal affairs through and with.
Dead Cat Bounces are atypical during this type of cyclical processes and a Bull Market normally
runs for only a "shorter period" yet people expect a Bull Market to run forever and ever? So,
the Fed can juice up the stock market with their purchases and largesse, but that is now waning
in effecting higher and higher levels or increases. So, expect quick rallies that top out well below
the last high and then recede once again. I think there are now parts of the "Markets" that want
higher interest rates so they can actually realize some returns on their cash or equity positions
rather than the zombie zero dead zone like in Japan has been in for ever and appears to have no way out of. Do we want an economic system that is a zombie zero point or negative zombie zero for ever
interest environment that reflects nothing of reality of healthy operating markets?
That's not a future growth model but a future economic zombie coffin economically,
full of stagnation reducing innovation and less business savvy that is required to have a blossoming
market economy(ies) and efficiencies in operations.
Stick with Greg, he's telling you the most truth he can without scaring the hell out of you!
He'll probably save your ass___ from any substantial losses during this bear or drag market
slowly peaking it's roaring bear mouth from around the corner at all of us eventually bringing
it's bear paws and body out for all to see. Prepare Now!
Just started purchasing the etf CORN, as another agri etf. This per the article about the PA farmers who cannot plant due to high diesel costs. Biden will be adding more corn ethanol to gas, just in time for a corn harvest shortage. Still holding equities, as is.
A bear market rally wouldn't surprise me in the next few days, perhaps tomorrow or early next week.
The trend is still down though.
I'll stick with commodities.
They possibly just tested the waters this week. The crash might be scheduled for Sept/Nov when all the story lines merge.
The markets have been so influenced by Fed policy over the last couple years that I believe the market rebound is entirely dependent on a Fed pivot back to dovish monetary policy. Until that happens, we are going LOWER!
This kind of thinking reminds me of the 07-09 bear market. When JPM bought Bear Sterns, everyone thought that the worst of the crisis was over. The markets rallied for 2 months before they resumed the ride lower. If the underlying problem doesn't get fixed, the rally is going to be temporary.
President RETARD is hurting the oil play with his “war” on oil companies. The guy is a fucking disaster.
Sure not looking good for anything right now....other than Ag and Au holding OK at their bottoms.
The German and French Bond market started to fragment today. The German 10yr Bond yield was up 19 basis points and the French 10yr bond yield was up 18 basis points. These miraculously turned around with both then beingup just 1 basis point up. The ECB is clearly in the market doing yield curve control .
Massively inflationary and in my opinion a credit freeze isnt far off
I watched a Stansberry interview with Willem Middlekoop a couple of days ago. He thinks the stock market will keep going up because the money leaving the debt markets will go into stocks.
Please Comment - Agree/Disagree?
With regard to commodities vs. equities
I see a lot of talk about commodities but never a distinction between physical assets vs stocks or etf's that give exposure to commodities. i.e; owning a stock of a commodity producer vs. a garage full of their product? Is oil not a commodity and therefore oil stocks good to have?
Greg-what you have said is clearly starting to play out. I have followed your work for a few years and I believe that the time is upon us on for what you have predicted all along. You damn sure haven't waivered on your opinion on this topic ever it is your thesis..
Buy physical metals ,crytos and that commodities would soar.
Today stonks are under pressure pursuant to the 4th largest daily sell program in history according to an article that just posted to ZeroHedge. They have all occurred in the past 2 years with the indexes subsequently ripping higher. However, the article suggests that this time is truly different as the Fed is intentionally creating demand destruction and thus have no interest in saving the stonk market.
A bear market rally wouldn't surprise me in the next few days, perhaps tomorrow or early next week.
The trend is still down though.
I'll stick with commodities.
Greg, did you sell your bank positions?
I think it’s going to be a couple more weeks of downward pressure before a possible turn could take place. I’ve been in cash and commodities with just a small amount in equities other then commodities. I’m willing to take a risk, but not a large one.
I don't bet against the Michael Burry's of the world or count on massive gains in stocks
when you look at all the head winds we are now facing. If the whole financial system, banking
system were sound and functioning normally and straight, you would say, yes this will eventually
bottom out and then go upwards. That's reality of a functioning, healthy financial system is no
longer reality but more a fantasia world that people "believe is true". If your system is no longer
functioning with all it's moving parts systemically and healthfully, yes that bounce back to higher
trending would be called for. But when your "banks" along the "river of currency" are all f____
up and diluted and eroding and interest rated, etc are all fakery, it is far better to find solid ground
whether in sound, profit making stocks with dividends, or commodities as if the system bottom finally
comes to fruition you still have "something" rather than paper that then you then can use for toilet paper! Greg is over the bomb site that's why he's starting to get flak because he knows a hell of alot more as a trader over so many decades than we outsiders do. I don't bet against Burry and I don't bet against Greg. It may take a while for whatever they are predicting to take place but it will take
place unless and until the runners of the current system start taking the situation a little more seriously for the sake of the health of the whole system that every one relies on over time
to conduct business and personal affairs through and with.
Dead Cat Bounces are atypical during this type of cyclical processes and a Bull Market normally
runs for only a "shorter period" yet people expect a Bull Market to run forever and ever? So,
the Fed can juice up the stock market with their purchases and largesse, but that is now waning
in effecting higher and higher levels or increases. So, expect quick rallies that top out well below
the last high and then recede once again. I think there are now parts of the "Markets" that want
higher interest rates so they can actually realize some returns on their cash or equity positions
rather than the zombie zero dead zone like in Japan has been in for ever and appears to have no way out of. Do we want an economic system that is a zombie zero point or negative zombie zero for ever
interest environment that reflects nothing of reality of healthy operating markets?
That's not a future growth model but a future economic zombie coffin economically,
full of stagnation reducing innovation and less business savvy that is required to have a blossoming
market economy(ies) and efficiencies in operations.
Stick with Greg, he's telling you the most truth he can without scaring the hell out of you!
He'll probably save your ass___ from any substantial losses during this bear or drag market
slowly peaking it's roaring bear mouth from around the corner at all of us eventually bringing
it's bear paws and body out for all to see. Prepare Now!
Just started purchasing the etf CORN, as another agri etf. This per the article about the PA farmers who cannot plant due to high diesel costs. Biden will be adding more corn ethanol to gas, just in time for a corn harvest shortage. Still holding equities, as is.