Do any of you really think there is still a bull market when we just ended the day with a 10% drop? Asia markets are depleting all gains, U.S. is depleting all gains (from the past 2.5 years), the whole world is a total meltdown. I knew this would happen, because my first post is what did.
bull market bear market it's just terminology.
the real question here is - is this a systemetic failure that will cause prolonged recession with no solution in sight, or is this just a pause in a super bull market.
nothing in my previous arguments have changed. the AI revolution is still happening, the equity bond yield gap is still big and has actually increased due to the recent price moves.
the difference from 2008 is... in 2008 we didn't know there was a solution.... the Fed rained liquid but there was never an experiment before to indicate that liquid alone will work.
this time, first of all it's a f'cking nothing burger that got blown out of proportion by the media and the CYA politicians.... secondly even if there is a real crisis, the 2008 experiment already proved that liquid solves all problems.
again this country is owned by the elites. they will not see their assets go down in value....
in 2016 I asked the question 'are we gonna run out of shares'.
now I am gonna ask this question 'what can possibly prevent infinite liquid from raising asset prices?'
people are morons.... you see how morons react to a nothing burger crisis, you can't expect morons to answer these question correctly.