SPDR S&P 500 (SPY): One of the worst things occurring, And...

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Wishthiswasmyjob

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Wishthiswasmyjob

Re: gdl post# 374022

Sunday, 07/30/2023 3:48:47 PM

Sunday, July 30, 2023 3:48:47 PM

One of the worst things occurring,
And it's criminal, IMHO,
Is the big banks, still getting free money,
And they're dumping it into the markets.

I see that ending quickly here, as we're just getting too overvalued and big risks still in real estate CRE and other areas.
Inflation has crushed the consumer discretionary money and that's not coming back easily.
I agree that we could easily see another inflation wave up.

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