MARKETS A LOOK AHEAD: THESE ARE THE BEST OPPORTUNITIES FOR US MOVING FORWARD. Mannarino
From Greg
Lions and friends. THANK YOU FOR SUPPORTING MY WORK!
PLEASE SUPPORT MY WORK. Choose either PayPal, Click: https://www.paypal.com/paypalme/GregoryMannarino
Or Use STRIPE, Click: https://buy.stripe.com/28o15F82aeQwcCc7ss
I also LOVE Cryptocurrencies! WANT TO SUPPORT MY WORK WITH CRYPTO? Please click: https://commerce.coinbase.com/checkout/81ce40ab-37d8-45f9-af89-61831978c6eb
Why is GM not talking about "The Great Taking"?! Sure, he talks about how the central banks are deliberately trying to destroy the middle class and will create black swan events, such as the plandemic, in order to print vast amounts of debt...and this then inflates the stock market. But as GM has said, the stock market is just a derivative of the debt market, making it insignificant to the much larger picture.
We always have to be prepared for the possibility that the Federal Reserve won't have the markets back anymore, even if worse comes to worse. The rise in the stock market for the past 110 years has been a "side effect" of the Federal Reserve printing vast amounts of debt. The FED prints money for the Treasury Department, which then stimulates the economy, and that money finds its way back into the markets. The line between the wealthy and free market investments have been tipping over to managed markets via machine traders faster than anyone could imagine.
So, why could this be bad news for the market?
Because unlike hedge funds and the rest of the 1%, the people who are investing this as if it were still a free market can only make money if the markets go up.
There is the prophecy that once inflation dominates the velocity at which central banks can print, "The Great Taking" begins.
How could anyone possibly know if we have reached this stage of "maximum saturation"?!
Look no further than the global ten year treasury yields and global interest rates, which all fell parallel with each other during the pandemic. More specifically, the U.S. ten year yield and U.S. interest rates, which began falling in mid 2019, and for the first time in history, as both crossed below 1% at the same time. The fact that both fell below 1% at the same time is too profound to ignore.
Let's put this into a perspective that people can understand, when talking about the possibility that the central banks destroyed the system in 2020.
You are driving down the interstate going the speed limit (70 mph for example). You accelerate to 80mph, then 90 mph, then 100mph...until your RPM maxes out into the danger zone. If your vehicle can't handle that much, it overheats...and this leads to damaging your vehicle. The economy is not a new sports car, and neither are the markets. It's an old beat up truck from the early 1900's that can barely go past 50 mph, but it has added new parts to allow it to accelerate faster...and this is because both the Ten Year Yield and the FED Funds Rate stimulate the economy with easy money. Now that both have already reached the moment of overheating, we are seeing the damage in the real economy. In my opinion, the vehicle can still run, but not as well as it has in the past. The FED broke it by printing too much, too fast. Now it has to slow down a little or the wheels fall off.
This concludes my observation that the moment of "maximum saturation" is here, and the markets are still "hoping" that more easy money is going to start flooding in...the moment of "maximum saturation" begins when the rate of inflation outpaces the rate at which debt can be issued...and they have said that this is the early warning sign of the "The Great Taking".
"The Great Taking" also goes back to what Klaus Schwab insinuated during the World Economic Forum, as yields and interest rates went to zero....which was "you'll own nothing and be happy". In my opinion, the bear markets are just beginning, and will last for the next 110 years, just as they have vastly gone bullish for the past 110 years.
Greg do you have any endearing terms for Gary Ginsler the swindler?