Zeev's Turnips Patch-No Politics (ZEEV)

[federal reserves]

VELO, Thanks for that.

But, IMHO a break below 10,550 and then 10,400 and then 10,000 and lower will lead to doom. I'm closely watching the banking and retail indexes as the lead.

If they turn and top the end is near. Already the tech index is making lower highs. IMHO retail and banking will come.

IMHO US consumers are tapped out and their wages/salaries are not rising anywhere close to GDP and debt growth. That means the end is near.