No, this accounts for only $10 of the spike today … bigger things are brewing … 10-year rates are below 2% again … manufacturing indices around the world are printing below estimates and in some cases well below 50, meaning contractionary forces are in play … housing figures are coming in very poorly, etc.
Oh and one more thing … something Northstar had been advocating for months/years … cycles do play out … the bigger the cycles the bigger the moves, sometimes the moves have no reason behind them except for cycles themselves … per his work, we are in the next long-run cycle that could last into the early 2030s, of course, with, many corrections in between … per Plunger we are just beginning Phase II of the golden bull that began in early 2016 … that means there is a blow off top Phase III as well … many years into the future
Bah…she’ll probably end up being a sellout like all the rest of fed lackeys.
But hope springs eternal.
No, this accounts for only $10 of the spike today … bigger things are brewing … 10-year rates are below 2% again … manufacturing indices around the world are printing below estimates and in some cases well below 50, meaning contractionary forces are in play … housing figures are coming in very poorly, etc.
Oh and one more thing … something Northstar had been advocating for months/years … cycles do play out … the bigger the cycles the bigger the moves, sometimes the moves have no reason behind them except for cycles themselves … per his work, we are in the next long-run cycle that could last into the early 2030s, of course, with, many corrections in between … per Plunger we are just beginning Phase II of the golden bull that began in early 2016 … that means there is a blow off top Phase III as well … many years into the future
My thoughts also Afa. Poor earning estimates are coming, more debt, more of everything.