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Aaron's avatar

It might not be enough. If they could have stopped the dotcom crash or the 2008 crash, don't you think they would have? Whatever they do will only slow things down. You even hinted at this in your book - the politics of money, Greg.

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W8878788766565's avatar

1987 style huge crash is what I am expecting any time. May be this Monday. Everybody is bullish. Rates are to the point where fed reversed in a hurry in 2018 ..

on the monthly tnx has crossed 200 DMA first time since 1988

https://youtu.be/f68ZSBLPMCk

This is what namura is expecting. Of course they may be wrong but this is a possibility

People are so bullish that they are cheering 8.7 billion buy from fed .. lots is sensational news out there and no one question those

https://www.zerohedge.com/markets/nomura-im-talking-full-blown-game-thrones-red-wedding-style-liquidation-death

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Aj's avatar

I am of the opinion that TPTB don’t want to spook the herd. Therefore, I don’t see a big crash on the horizon. Look for a slow sustained bleed off the top. Remember the “boiling frog” analogy.

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trumpHELL666's avatar

You're right, it's not time yet. Maybe this year, but not in the next couple of months I don't think. Just my opinion 😀

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W8878788766565's avatar

Are you serious ? I am sure you are aware of so many hundreds of trillions of derivatives ... Fed is not that powerful and 8 trillion balance sheet is nothing

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Aj's avatar

The banksters don’t want to accept blame for a crashing stonk market. If they did decide to pull the plug in a big way, the Banksters would need to orchestrate a black swan event and/or a false flag to deflect culpability for their fraudulent criminal activity. The will “save face” by any means necessary. I.E. EMP attack/Cyber attack on the USSA and frame Russia.

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W8878788766565's avatar

8.7 billion ? It won't make a dent even in one stock like apple .. forget about dow or any index

This is fake news. Please note apple alone is worth 3 trillions plus That must be some internet prank

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Gregory Mannarino's avatar

That was just ONE purchase! Moreover, in no way is this fake news.. all it takes is some snooping around, you will find all this hidden in plain sight.

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W8878788766565's avatar

Even then 8.7 billion is so small that it's not even a news at all. We want to know how much total they bought and in what time frame ? And what was the effect on Dow in that time frame.

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Birdwoman's avatar

Yes, it continues. The overtly criminal conduct of this agency. The Fed is the sugar-daddy for the selected few. It only screws the average working American. The corporate totalitarian paradigm rules!

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Brook’s Golden State Of Mind's avatar

Wow you are so on it regarding this market. #1

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James Balliet's avatar

2008 was the year TO BIG TO FAIL, Now Biden spend 8 Trillion and everyone who doesn’t know or have monies won’t buy stocks, Just family of Senators/congressman buy on privileged information, The average working man/woman don’t have a chance

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trumpHELL666's avatar

I was about to say that's how they prop up the market, but you got to it first. Lol 😂

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Darrell Garrison's avatar

PLUNGE PROTECTION BOTS playing packman with etfs ,debt ,basically everything thanks for intel gm

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chris kennedy's avatar

cant stop laughing right now

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Ken (a.k.a. Slats)'s avatar

Yes, the Fed WILL AGAIN Buy Stocks. Once inflation is less than 2%.

Screenshot this post.

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Doug Kulik's avatar

Thanks for the "heads up" on this Greg. I just hope they let the market dive another 10 or 20 percent so I can snarf up shares of IBM and Abbvie under $100. After that, the Fed can pump up the market as high as they want.

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Markinthelight's avatar

Well there you go.

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Aj's avatar

Greg,

A lot has changed in 18 months on the inflation front. TPTB want demand destruction to thwart the current double digit inflation happening now. Therefore, I am not of the opinion that they are interested in saving the stonk market. I look for a slow sustained bleed off the top. Perhaps the government will continue to acquire assets on the margins but not in any meaningful way.

It’s now a random walk with a downward drift.

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Brewer Bob's avatar

Greg, you sure take a lot of heat when the “chips” are down…LOL Casino games for me are best left at the Blackjack table in Lost Wages🤠 I continue to stack pm’s but, for the willing, I believe your advice is the best anywhere! Good on you and I’m glad you are prosperous! Cheers! 🍻

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Philip Herr's avatar

Of course we know they always do and will going forward… They pick & choose who will be the Winners and Losers, period. Plus we have a propaganda (and proxy) War ongoing… They need to show our Markets & Financial stability is better than those “evil Russians & Chinese” because of us! Your benevolent Federal Reserve…

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Jay Blue's avatar

They're even trying to mess with people's minds with that image of them playing virus theater.

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Guzla's avatar

And they will buy us all into poverty!

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