Where is the money coming from?
- Thread starter farmerjohn1324
- Start date
+ technicals
No. That's fundamental analysis of a business, balance sheet, etc.
Technicals is like moving averages, Bollinger Bands, etc.
You mentioned Dalio,
heres my favorite qoute from his Principles :
Took my 10 mins to find it. Time for a cigarette.
Nor will they ever, they lack the skill set.
Soros started an institute of Economic research specifically because he thinks Economics in its present form is a disaster.
So he's just a better economist.
I've never listened to traditional economists either.
You will never get me to disagree that understanding economics is not enormously important. Unfortunately it is presently in the hands of fools, who are heavily invested in making people believe otherwise.
And if you can see through that, doesn't that give you an edge?
Depends on what you see, and how dominant are the opposing forces. Very difficult question to answer as a generalization.
It's the fed handling money to wallstreet. Like I said the next collapse will be due to the fed, fed bubble is real. They created it. Too late to turn around now. The infusion of trillions of dollars into this market is too addictive. The fear of recession, which is actually normal for an economy is what the fed does not want and will do anything they can to chase it away. Hence the historical low interest rates and trillions in free money.
Yes, the Central Bank of the USA is flooding the overnight lending markets with 30 billion a week since September 2019.
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm