about to get burned. All bad news is out. Everyone knows about the tightening. That is why Naz is down over 20%. Inflation out of control, world (well some of it) at war, the worst President this country has ever seen is sitting in the White House, crime getting worse and worse, and that is just the start.
Still, with the bad news out, I think we've got a rebound coming. We can't forget that even with Fed tightening the U.S. is spending like a drunken sailor, completely freaking out of control spending, which is expansionary. And real estate prices are nose-bleed high, not off any, so eventually all those dollars congress is effectively creating and spending have to eventually go somewhere investment-wise, which a good portion will go into the U.S. stock market. It has to turn around soon.
Yes, I may just be saying all this to try and convince myself we don't have another 30% downside to go, but that is my God give right LOL.
Still, with the bad news out, I think we've got a rebound coming. We can't forget that even with Fed tightening the U.S. is spending like a drunken sailor, completely freaking out of control spending, which is expansionary. And real estate prices are nose-bleed high, not off any, so eventually all those dollars congress is effectively creating and spending have to eventually go somewhere investment-wise, which a good portion will go into the U.S. stock market. It has to turn around soon.
Yes, I may just be saying all this to try and convince myself we don't have another 30% downside to go, but that is my God give right LOL.
