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Wednesday, September 21, 2022 8:48:21 AM
He's talking about the moves he thinks are coming in the S&P 500. He says he thinks 3300 on the S&P is where we may be headed in the near term, but note where he says his big net worth customers think it's headed. He says mid to low 2000's on the S&P. We are a very long way from that area. Of course, everyone on the panel nearly shit their pants when he said that. Let's see if he gets it right.
P.S.: If we did see 2500 or lower on the S&P my guess is we would much lower PM prices coming. That kind of drop would indicate to me some sort of crash event happening. Today the S&P sits at 3892. Talk about a disaster if it happened.
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