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re: The Crash Will Blow Everyone’s Mind and It Starts Right Now 5/18

Posted on 5/18/22 at 3:28 pm to
Posted by Hussss
Living the Dream
Member since Oct 2016
6753 posts
Posted on 5/18/22 at 3:28 pm to
quote:

quote: this could be, roughly, the bottom

Not even close


This is what I have been warning about that folks have said was so wrong for so long: “Once the market loses faith in the Fed it’s game over.”

EVERYTHING since 2008 has been “papered over” by the Fed and corporate buybacks. Full stop.

If folks want to focus so much on what I said years ago instead of protecting their capital through this then I can’t help em’.
This post was edited on 5/18/22 at 3:33 pm
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 5/18/22 at 4:22 pm to
We're actually close to the bottom for 2022 with what is known currently. There's more selling ahead with the market coming to terms with a mild recession, but the doom and gloom for a huge crash from here is overreacting.

Before you realize it, the market will be anticipating the end of the recession and return to growth.
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