I've been waiting for the next financial crisis to hit after the "GR"..its been longer than normal to not have one. This event could be the one to correct the hyper inflated "run a muck" bubbles over the past 14 years that have spanned our financial landscape.
Too much $ was pumped into the system at basically zero interest at The Window, along with exaggerated tax cuts. I've been thinking for years that the Piper will come knocking.
There WILL be more pain as people pull their money in light of the current environment, higher % rates, inflation around the World, and political uncertainty.
All that $$$$ will go somewhere, but where?! Have/ are we entering a savings environment? Doubtful... A bond buying environment? Doubtful... A real estate buying environment? Doubtful... Crypto? Doubtful...Precious metals?? Very possible. Equities are screwed for now.
We've watched over the past few weeks how upside down the markets have been. IE- stocks that shouldn't run spiking, and stocks that should go up, dropping. The tide is out, and the plays that were in place aren't going to pan out as the insiders had planned....so you have them cashing out on ethier side that they can manipulate to their benefit. Crazy? Not at all, this is all a game, and if retail didn't exist they wouldn't be able to play.
There will be winners and loosers throughout the carnage that's on our door step... I'm polishing my crystal ball after pressing submit.
***I predict a lot more unreasonable stock pops and drops as the insiders try to exit their game plans! We all know most stocks under $10 are just trading vehicles regardless of the Companies financials, etc.
Stay all cash and play wisely on the day...IF you plan to trade.
TAKE PROFIT RELENTLESSLY
