SPX peaked. expect a long lasting bear market. expect a 61% fibonacci retracement... central bankers are the market. we live in a world without consequences where you can have your cake and eat it too. well that was the narrative for the past 10 years. The piper will be paid (in full) in the coming years.
2 options - hyperinflate it or crash it. with all the billionaires selling out last year... most likely the plan is to crash it.. but at the same time, now telling the young ones to "invest" and hold for the long term.
Read Credit Suisse strategist Zoltan Pozsar's "Global Money Dispatch" from February and see what the Fed really needs to do kill inflation without crashing the economy: Crash asset bubbles, including equities, crypto, and RE.
RogueCleaner
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@Quant-Wizard, its not possible. in real economics, there is no such thing as a free lunch.