E-Wave for the S&P 500 Index

[gdl]

https://www.investing.com/news/stock-market-news/svb-uk-handed-out-over-15-million-pounds-in-bonuses-days-after-hsbc-rescue--sky-news-3033851

https://www.cnn.com/2023/03/18/politics/donald-trump-manhattan-da-arrest-protests/index.html

Business as usual. TRUMP is the banking crisis manifested 100 fold. he also JUST got reinstated on Facebook and YouTube. Coincidence? he already is calling voters to arms on his own silly site.

Recap: Stock Market nears all time highs after short term rates went from zero to 6% in a little over a year. Second Largest (so far) Bank failure in US History. First ex-president to be indicted and expectation is for at least 3 more separate indictments to come.

So what are the ODDS of the Human Race surviving against a Stock Market surviving? Unfortunately they both have the same odds. NG. Wait till the Trade Wars really get heated up! This will make the roaring 20's pale in comparison. I stated over 12 months ago that 2023 will see 40 to 50% haircut from it's highs. We are NOW assured of it! like determining a Pandemic is started in China and concluding Wall Street already factored in the result and was favorable to a bullish market. I remember this as a fact as I bet the crash and it went nowhere. No logic, no chart, no exact scenario in the past convinced investors that an OBVIOUS result will happen.

We are nearing a huge crash and huge spike moves denying the reality of the situation. i know with certainty this year will be bad. How bad? Really bad. There is NO scenario going forward that can support a good ending. NONE! Easy Money is GONE! Disinflation rise in assets and low costs is GONE! Paying the PIPER!