Don’t Buy a Bear Market Rally – Ep 814
· Bull trap fooling investors. · Bitcoin did not participate in the rally. · Homeowners will make money as debtors. · The Fed postponing recession
· Bull trap fooling investors. · Bitcoin did not participate in the rally. · Homeowners will make money as debtors. · The Fed postponing recession
· Dow on its longest losing streak in 100 years. · Snapchat implodes. · Gap and Abercrombie & Fitch investors learn a hard lesson. ·
· Dow and S&P see biggest drop since the pandemic. · Walmart was the jab. Target was the knockout punch. · Swiss Franc and Japanese
· Americans are spending more, but buying less. · Jeff Bezos calls out Joe Biden. · Businesses are absorbing costs, not gouging prices. · Ben
· More downside to go as investors panic buy stocks. · Robinhood will ultimately go bankrupt. · Jerome Powell gets reappointed as Fed chair. ·
· Gold and silver remain strong while gold and silver miners continue caving. · Lisa Cook was not the most qualified person for the FOMC.
· Investors resorted to indiscriminate selling amidst today’s carnage. · The Fed can’t do the impossible. · Housing foreclosures will go through the roof. ·
· Stock market gets clobbered. · Crypto market gets clobbered. · Markets still closer to the top than the bottom. · Productivity sees biggest drop
· Fed raises benchmark interest rates higher than it has in 20 years. · Lyft stock hits 52 week low. · Jerome Powell admires Paul
Fools bought the dip in March. Don’t wait to sell in May and go away. Cathie Wood turns down debate invitation. Meme stocks pumped, peaked,