posted March 09, 2020 04:16 PM            

I just did a lot of concurrent research.
Dr Doom Nouriel Roubini has been predicting 40% crash, and Benjamin Fulford too was writing about Black Swan events. The Yield Curve also inverted some months back. It was just a question of when, not if.

The thing is despite our best efforts, we cannot time perfectly, the Illuminati track our Put Options and then delay crashes accordingly.

We just have to coldly analyze cash flow. A stock market of 6-7 trillion? When nothing that close has been printed in currency nor extracted as Gold/Silver? It was just unsustainable unless taxes are further reduced and GDP grew at 5%.

I still feel US Economy is the best, it will bounce back. We have to choose companies with maximum manufacturing within USA and US companies that buy crashed assets abroad in high density population countries like India, Thailand, Vietnam. They will give you 200-300% returns.

Right now, 22000 is the magic number.

The Ides of March are scariest, Illuminati can try to crash the Dow to 18K or even 15K, unless the counter punch comes from genuine US Billionaires rallying against those rascals.

So many positives will emerge in coming months as you rightly pointed out, with Saturn in Aquarius. New Age near to ET Tech will come, Big Oil will have good riddance, 600% more powerful Solar Panels are anticipated.

Hopefully less arms sales, better health care products, more infra and education .

Let us pray for the best.

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Astrology Articles

posted March 09, 2020 07:54 PM            

quote:

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Originally posted by Randall:
Today was a huge tumble of over 2,000 points! But it sets the stage for a huge recovery after this panic fades.

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IQ called it right.

posted March 10, 2020 01:09 PM            

To me 21000 is the justifiable rock bottom due to tax cuts. If taxes are increased, then 18000 is rock bottom. Anything below that, well better to sell solid assets and buy stocks systematically.

posted March 10, 2020 03:00 PM            

quote:

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Originally posted by iQ:
Let us find the ideal re-investment level JWHop.

"To me 21000 is the justifiable rock bottom due to tax cuts."

If the Dow breaks through support at 22,445 there's no support all the way down to 17,888...established in 2016. But, 22,445 is good strong support.

"If taxes are increased, then 18000 is rock bottom. Anything below that, well better to sell solid assets and buy stocks systematically."

Yes, 17,888 is close enough to 18,000 to be considered support in the range you suggest. However if Biden or especially Sanders is elected, tax rates will rise steeply to pay for their giveaway programs...if they have the House and Senate too. Not likely.

"Those who shorted have made billions, they will have to come back to the market at some point."

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Absolutely! And covering those shorts to preserve their profits will be a major component in the ensuing market recovery.

This is not a normal cyclic correction or Bear Market. Corona Virus panic, destruction of foreign supply chains and now the oil war between Russia and Saudi Arabia hitting in the same time frame are major factors. The markets didn't simply run out of steam.

News, good or bad is ruling the stock markets. With supply chains being reestablished, with some good news about Corona Virus, the transportation sector starts recovering, airlines, trucking and container shipping. Russia and Saudi Arabia are driving energy prices into the basement, but how long can they keep it up? For Americans, it means cheap gas...a good thing for consumers but not so hot for marginal shale oil and gas producers.

Bottom line, if support doesn't hold in the 21,000-22,000 range, look out below! Debacle time.

posted March 10, 2020 08:01 PM            

Something Is Haywire in Global Financial Markets: On a Dead-Cat Bounce

by David Stockman

“The Stock Exchange is something very different. There is no economy and no production of goods and services. There are only fantasies in which people from one hour to the next decide that this or that company is worth so many billions, more or less.”

– Stieg Larsson, “The Girl with the Dragon Tattoo” (2005)

“Dow Futures pointed toward a 1,000-point open this morning, this time in green though, as it becomes ever more obvious that something is haywire in global financial markets. Here’s how the inimitable Eddy Elfenbein forecast it:

Looks like a “dead cat” to me…

The yield on the 10-year U.S. Treasury note was 0.559% when I started typing this morning. And that’s downright ludicrous. After all, the core inflation rate posted at 2.27% in January. That means the most fiscally profligate government in modern times gets to borrow long-term funds at negative 171 basis points in real terms. Bond “bulls” want you to believe that nearly return-free yields on government debt is all very rational. In their wisdom, bond “investors” see a weak economy down the road and are therefore discounting the next recession.

I’ve got no problem with the “recession” call. But that’s not why there is $16 trillion in bonds around the world currently trading at negative nominal yields. And that’s not why the benchmark for the entire global financial system, the 10-year U.S. Treasury note, is almost there with a nominal yield that’s barely holding on to an integer.

What you have here is the financial equivalent of caribou soccer. It’s what six-year old boys and girls do as they chase the biscuit around the pitch, a rambunctious pack with no regard for strategy or team play.

In the case at hand, global central banks have fostered so much restless speculative capital that when the scoreboard flashes “risk off,” they all pile into U.S. Treasurys and other sovereigns as a nearly cost-free place to park. And they buy the bonds on 95% repo. And they repeat it until the ball is back toward the “risk-on” end of the field.

The fact is, recessions (or their prospect) do not cause negative yields. Nothing does except central banks irrationally bidding for debt, along with front-runners who jump on for a quick price gain from what are supposed to be fixed price instruments bearing a modest yield. Here’s how long-term U.S. Treasurys behaved at recession points during the era before monetary central planning systematically falsified bond pricing…

During December 1953, as the recession set in, the bond yield was 2.79% versus a year-over-year Consumer Price Index (CPI) reading of 0.60%. That’s a real yield of 219 basis points.

During the next recession, in October 1957, the bond yield was 3.73% versus CPI inflation of 2.94%. That’s a real yield of 79 basis points.

During September 1960, the figures were 3.82% and 1.23%, generating a real yield of 259 basis points.

And even during June 1970, when Federal Reserve-fueled inflation was picking up steam, the bond yield of 7.00% exceeded the 6.00% inflation rate by 100 basis points.

In short, today’s hideously low bond yields are not due to low inflation or the recession lurking just around the bend. They are the handiwork of central bankers run amuck. This happens in defiance of common-sense laws of economics under which investors require a meaningful margin over and above inflation to compensate for risk and the time value of their savings.

Moreover, today’s virtually non-existent bond yields are not merely a case of “too bad for the widows and orphans” who don’t have the requisite chest hair to chase after the big money in equities and high-yield debt. In fact, today’s yield on the 10-year U.S. Treasury – and the negative yields on the German and French counterparts – are symptomatic of global asset prices that have gone tilt under the heavy-handed ministrations of the central banks.

Here’s the thing: Capitalist prosperity and stability requires efficient money and capital markets to intermediate the flow of savings into productive investment. But when the world’s $90 trillion bond market has become a speculative hall of mirrors and the $85 billion equity market has morphed into the kind of machine-driven casino evident in the chart below, all bets are off.

Sustainable growth will positively not happen under the bad money regime monetary central planners have foisted on the world. The scramble for yield is causing zombie companies to remain artificially alive, startups to waste prodigious amounts of capital chasing will-o-wisps, and Corporate America’s C-suites to function as stock trading rooms and financial engineering joints.

The financial malignancy has set in so deep that the response of politicians and speculators alike to any challenge – like COVID-19 and the fracturing of global supply chains – is to urgently call for the injection of even more monetary poison into the system…

Click to Enlarge

Let this be fair warning that the end of the 30-year fantasy driven by monetary central planners is near. The amplitude and speed of price change is happening with such violence that it’s only a matter of time before a 2008-style meltdown is triggered by the mutant arrangements that have metastasized in global financial markets.

There are now in excess as $7 trillion of passive assets allocated to exchange-traded funds, index funds, and trend-following trading vehicles that could be sucked into a self-fueling chain reaction of selling. And out-of-dry-powder monetary and fiscal authorities will be powerless to reverse it. Indeed, these coiled springs of speculative energy are undoubtedly the reason why this correction happened in record time. Compared to the history of 25 such 10% or better stock market drawdowns since 1946, this one is literally off the charts.

Well, the jig is up. And it’s now only a matter of weeks – months, maybe – before this Bubble of All Bubbles goes down. To common sense…”

posted March 11, 2020 04:05 PM            

The biggest silver lining is cheap gas thanks to Saudi Suicide Move. Emerging Country Markets are also devastated till summer.

posted March 12, 2020 11:21 AM            

All those Tax Cuts advantages are gone.

This will not end well unless some serious steps are taken to boost investor confidence today itself.

India fell 3000 points but I was actually scared to buy. Now tomorrow will be a 5000 point drop in India and Monday the possible buying point with another 5000 point drop in case Dow Jones tanks on Friday.

posted March 18, 2020 12:39 PM            

This is NOT NORMAl, this is increasingly loking like a coordinated strategy to take down the Global Financial Markets.

I bought 3 kilos of Silver and 30 grams Gold in the past few weeks as a hedge.