Lions and friends, I would like to hear from you!
In the video below I outlined how I believe that the stock market is pricing in rate cuts sooner than later based solely on the fact that the bad economic news just keeps on coming. Personally I do not see rate cuts coming ANYTIME soon, IMO the Fed. wants to keep pressure on the consumer and small businesses.
In the current situation, again as I outlined in the video below, do you see risk in the market rising or falling?
Currently the MMRI is sitting at just over 270, just 30 points away from EXTREME risk.
So, in your opinion, is the MMRI going higher or lower say over the next two weeks?
GM
Its Sept / October. The markets will flush to bring prices down, so that more can be purchased at discounted prices. A hit to the markets short term, when the fed tightens, will light the fuse. No worries, buy once the market turns and confirms. The markets will be up from there through the election. UNLESS... A False Flag event comes to fruition to lock us down, calls for Marshall Law will take place and they will thwart the 2024 elections. We'll see what shakes out...Be ready to pull the trigger in more ways than one...Stay well Lions
I think they will continue to print money and worsen inflation, so I think market will go higher. By design they are deflating the value of the dollar so everyone without hard assets will be poor soon.