I was up 5% for the day. I shorted the market a few months ago.
What's really telling overall is the earnings warnings by Wal Mart and Target, followed by a sell of in Kroger and Dollar General. This is where the poor and middle class shops. I believe the economy is going to die via stagflation. We're most likely headed towards a depression rather than recession.
The Fed has chosen to save the dollar rather than the market. The world is moving to doing business in currencies other than the Kissinger petrodollar.
I suspect GDP will be down again for Q2 = official recession.
I was up 5% for the day. I shorted the market a few months ago.
What's really telling overall is the earnings warnings by Wal Mart and Target, followed by a sell of in Kroger and Dollar General. This is where the poor and middle class shops. I believe the economy is going to die via stagflation. We're most likely headed towards a depression rather than recession.
John Titor a little late
i think any moron can see what we have been doing, and how this consumerist society is built, CANNOT last . it's gonna crash hard
So very hard. Frightening. This is not the 70's. This is so much worse. Dare say I that we are already in recession?
oh big time
If we're so empoverished that we can't afford electricity, then their brainwashing vector goes away.
They will only let it get so bad.
The BlackRock Plague
The Fed has chosen to save the dollar rather than the market. The world is moving to doing business in currencies other than the Kissinger petrodollar.
I suspect GDP will be down again for Q2 = official recession.
Every 7 years the j's pull the rug and collect their winnings.
An elaborate tax on the working class.
Here come dat boi recession!!!!