Every other day another possible 70% drop.... Sounds like they repeat the same article about once a week... Even I laugh at these knowing how impossible this is....the fed would have rates at negative 5% and trillions being printed to prop up every nook and cranny of this market ... I even bet that the government would eliminate taxes on all short term gains up to 2 years ..... A 32-year market vet shares 4 employment indicators that show the labor market is falling apart — and warns a recession will sink stocks by as much as 70% https://www.businessinsider.com/sto...outlook-unemployment-rate-wolfenbarger-2024-8
The problem is with YOU posting the same shit every day. It's like being served the same tasteless crap everyday. Don't you have anything better?
Hey I don't spew these articles out. It's the media. I just pass on the information.... If you feel they are too repetitive get in touch with business insider..... Businessinsider.com
If you can't forecast right, forecast often. Now that the bears have become a laughing stock, they are bound to get it right sooner rather than later.
Did Venezuela back off a few decades ago when things headed south? Not a chance - and look where they are today. When they've destroyed something their answer is that you haven't had enough socialism and the solution is even more.
Reminds me of the days when I used to read ZeroHedge (2008-2011). There would be an article like this every day on the contributors page (not Tyler Durden). The thing I learned the most from those days reading permabears was that they pictured a future of a static response from the government. That was their mistake. Governments & Oligarchs will never that happen and will always intervene to reduce problems in the economy as much as they can. Jesus the Fed was buying 1% Apple bonds in the depths of the Pandemic as if Apple was going out of business. As late as Q4 2021 they were still buying mortgages over a year after Pfizer & Moderna rolled out their vaccines. If you believe the Fed will do nothing when the markets are crashing you're reading of history is extremely poor.
I think zerohedge is more popular now than ever before, look zero hedge posts great articles and you would think that with literally 20 yrs of doom and gloom that some of those articles and opinions would hold true, but it literally doesn't matter how many negative articles are written or how much debt or how earnings are going to falter or how many times a recession threatens the US economy, stocks go higher Zero hedge has the facts and if you read article after article for 20 straight years and didn't look at where the s&p was today and had to take a guess you would think well below 1000 but no, it's well above 5000!! And I'm sure in the next 20 years that 5000 will be. 50,000!!! As for the fed, they will do anything and everything to save the markets even though they have claimed many times over that their decisions in monetary decisions aren't not at all influenced by the equity markets. That is completely false, don't ever believe those words. Every bit of monetary decisions is based off of where equities are.