22 Comments
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illuminati seed's avatar

The amount of money required to keep this bull rally fueled means the 10YY must keep dropping every day, without any set backs. The Reverse Repo Market was the only asset the Federal Reserve was using to prop up the market, as the 10YY was rising, and the RRepo Market is almost drained out. SPX could hit new yearly high's as they drain the RRepo Market, but it is insignificant, because they can't keep the bull rally fueled forever. In order to allow the Federal Reserve to print more, they must cut rates, and this will crash the market when real data finally becomes realized. Any reaction by the Federal Reserve on interest rates means that they are finally accepting data, and the data is worse than dogshit. There is also the fact that the Federal Reserve is behind schedule on rate cuts, as all the moving pieces imply that they need to cut them sooner rather than later to match with other indicators that have been signaling a rate cut since last year. The problem is that the 10YY is significantly below the FED Funds Rate, and the last time the Federal Reserve cut rates with the 10YY below the FED Funds Rate was in 1966, which sparked a unprecedented wave of inflation. No matter how you look at the situation, the Federal Reserve making any real decision will cause the market to look either way, play out the scenario, and not like the outcome. Keeping rates paused means they can at least avoid it for now, but once their assets dry out, it's over...and if their assets dry out, it could create a real Banking Crisis.

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a2538392909's avatar

I thought I was doing pretty good with bitcoin.The the fees burst my bubble

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BooBoo's avatar

And how high is gold and silver going there illuminati seed,

should I add to my gold and silver mining companies?

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Derek H Fields's avatar

MUST WATCH!

"Bitcoin Dies and Silver Flies

John Perez & David Morgan

@maneco64 on YouTube

MUST WATCH!

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American State National's avatar

Bitcoin isnt even real!!!

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Doug Youngman's avatar

.... people are willing to live in a shotgun shack - ha! No joke - I've suffered senior poverty since my late Thirties... rigged markets - bullion banks shorting PMs. Great point Greg - no bull market is a good thing - the herd still grazes - not even nosing at the fence. But I will hate to see when pension funds get looted and no one goes to jail - these shotgun shacks will be in high demand I suppose. ;-)

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Ol Hickory's avatar

In 2008 the market crashed AFTER the Fed began cutting rates. Yields were actually declining going into the crash. Perhaps we’ll see the same again next year

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American State National's avatar

Except this time we are also losing our dollar as the golbal financy dumps the dollar. Cash will not be king

Metals are the only way

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American State National's avatar

When AAA Bonds get sold at junk Bond prices, ALL BONDS are FIRE SALE PRICES.

Dollar devalues Globally

10 major Banks have notified that Credit lines are cancelled as of Dec 15th.

THIS IS IT FOLKS!!

All dollars will soon be worthless.

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Straw Man's avatar

Bye 🤡

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American State National's avatar

Bye! good ridance!

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Straw Man's avatar

Petrodollar getting hit Washington stealing money that country invested buying bonds a blind man can see how this is going to end giving $5000 to illegal aliens 60 billion dollars to losers Ukraine 🤣 I’m surprised at the dumbness of the American people 🤣

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American State National's avatar

Americans are the last soldier standing and will fight for their rights and freedoms. So you shut up or leave .

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Straw Man's avatar

🤣 keep voting clown 🤡

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Rocco Zaino's avatar

Musk said it best. “ Go Fu-k yourself “

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American State National's avatar

Completely irrelevant comment

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nik's avatar

Here's a good one Planet Fitness Director and former CEO, $PLNT, sold 100% of his shares, approximately one million shares, for $66 million today. (Zepplin they r the KINGS!!!!)

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nik's avatar

BTW Cher did a great version of easy to be hard

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Sweet thin crude's avatar

Market going higher added to all my long positions. I'm long until February. Will be rough year in 2024. But riding the trend until then. Happy Holidays. Very bullish daily close today. Market should break out very soon. The trend is your friend

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