clarify misconceptions. ONE the FED is not waiting to reverse course and is NOT late to do so. in fact it is BEHIND the CURVE on inflation. TWO the Bank debacle was predictable and I predicted it weeks ago. it was a result of two factor, one being that 40 years of disinflation created a mindset for future investing, and two the rules and regulations that would have prevented this was disbanded in 2018, the height of TRUMPISM. It's called a repeat of the roaring 20's from new Paradigm to total collapse in the blink of an eye historically.
How do i know these things? Based on historical patterns and glaring truths. JOBS market on FIRE! Inflation pressure not letting up. 40 years of disinflation and expecting a continued new paradigm where disinflation lasts forever? Environment of extremes in greed and complacency. From housing debacle to Crypto to Bank failures. Stripping RULES and Regulation in place since the last great depression is because we are now back to the same place we were 100 years ago. My proof? look no further than a pandemic that was seen, had a past history, past charts and known scientific certainty on it's deadliness. How long did the market hold up? I mean in a BULLISH mode. Hello, anyone home.
Now we rally from really bad news. WHY? because human nature finds excuses to view all things, no matter how bleak in positive light. TWO opposing reasons to rally on two asset classes and they both do so together? Stocks and Crypto. Now you know that BIAS, extreme bias, is always used to justify an optimistic outcome. THATS THE ADVANTAGE individuals have at these times. Understanding the irrational behavior and reacting ahead of the behemoth slow witted stock market.
AI
