Jerome Powell hinted today a recession might be around the corner, and he was serious about raising rates.
If a conservative, important, big, person says something like that...it's basically fact, and will be reality.
Better to prepare everybody for the worst but doesn't mean the worst will actually come. I dunno why all of sudden the Fed Chairman is choosing the Jackson symposium to announce monetary policies.
The Chinese say good things come in twos. Well the second market crash mirroring the crash in late 2008 about to unfold shortly...
P.S: The Market always crashes in the Fall and Winter, never in Spring or Summer. If you used this logic to gauge Mr. Market's response to China hosting the Olympics, you will have judged correctly in 2022!
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Always crashes in fall + winters?? LOL
FEB + MAR + SEPT are known for downtrends. Markets also bottom + uptrend in he the quarter also/2018/SPY. Good down move in QQQ........