So - the answer to "Will Putin Invade Ukraine"

[Overnight]

Like I said last month, we've probably seen highs for the year.

And nothing to do with Algos.

And like I asked last month, has there ever been a year in recent memory where the high of the year was on the first trading day of the year?

 

[SunTrader]

And like I asked last month, has there ever been a year in recent memory where the high of the year was on the first trading day of the year?

Yep 2008:-

 

[terr]

This is an actual quote. This is NOT made up.

Reporter: Will sanctions deter Putin?

Kamala Harris: Within the context then of the fact that that window is still opening, although, open, although it is absolutely narrowing, but within the context of a diplomatic path still being open.

 

[Aisone]

This is an actual quote. This is NOT made up.

Reporter: Will sanctions deter Putin?

Kamala Harris: Within the context then of the fact that that window is still opening, although, open, although it is absolutely narrowing, but within the context of a diplomatic path still being open.

 

[Overnight]

Yep 2008:-

I didn't realize that the great recession was recent memory. I guess recent memory also applies to the great depression, too.

So basically, yes, it has always happened, in the entire history of the stock market.

 

[SunTrader]

This is an actual quote. This is NOT made up.

Reporter: Will sanctions deter Putin?

Kamala Harris: Within the context then of the fact that that window is still opening, although, open, although it is absolutely narrowing, but within the context of a diplomatic path still being open.

Under Operation Covfefe,

 

[SunTrader]

I didn't realize that the great recession was recent memory. I guess recent memory also applies to the great depression, too.

So basically, yes, it has always happened, in the entire history of the stock market.

14 years wowza sooooo long ago.

We've only been dropping for a month or so now, remember something called bull market loooongest in history. IOW not many down years in ummm recent years, let alone down from day one of any one particular year.

Tuff crowd.

 

[nooby_mcnoob]

Really. So without Russia Ukraine, we'd be this far down regardless. So you are suggesting what? That the algos have not priced in all these geopolitical risks, and we're going to crash further no matter what happens in Ukraine?

Nothing personal, but I hope you go bankrupt on that idea.

If it wasn't Ukraine, it would be supply chain issues.

 

[Overnight]

If it wasn't Ukraine, it would be supply chain issues.

Supply chain issues have already been "priced in". Or is that something that will continually drag the market down month after month? The known thing will keep on dragging down the known thing? Like a negative feedback loop?

 

[nooby_mcnoob]

Supply chain issues have already been "priced in". Or is that something that will continually drag the market down month after month? The known thing will keep on dragging down the known thing? Like a negative feedback loop?

The fact is the free money part is over, so now sell rips until the free money party starts again. That's really all it is. The correlation between money printing and S&P returns is nearly 1.