Black Monday 2: Electric Boogaloo – Ep 808
· Investors resorted to indiscriminate selling amidst today’s carnage. · The Fed can’t do the impossible. · Housing foreclosures will go through the roof. ·
· Investors resorted to indiscriminate selling amidst today’s carnage. · The Fed can’t do the impossible. · Housing foreclosures will go through the roof. ·
· Stock market gets clobbered. · Crypto market gets clobbered. · Markets still closer to the top than the bottom. · Productivity sees biggest drop
· Fed raises benchmark interest rates higher than it has in 20 years. · Lyft stock hits 52 week low. · Jerome Powell admires Paul
· NASDAQ has worst first 4 months since 1971. · S&P has worst first 4 months since 1939. · FANG stocks enter bear market. ·
· Mortgage are rates too high for anyone to refinance for better rates. · Markets rally on horrific economic news. · Russia ranks higher than
· Elon Musk buys Twitter. · NASDAQ has weakest day since September of 2020. · Indonesia bans palm oil exports. · Bad politics are good
· Jerome Powell triggers market selloff after IMF roundtable comments. · Higher inflation is lowering the minimum wage’s barrier of entry. · Bill Ackman loses
· Netflix loses subscribers. · Incomes are collapsing at an unprecedented rate. · We’re probably in a bear market that will last at least a
· If the bond market doesn’t crash, the stock market will. · Weakness continues in tech and crypto. · Gold and silver mining stocks show
Inflation is double what the Fed admits. March budget deficit is quadruple consensus expectations. Bitcoin struggles. The retired won’t be able to stay retired much