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>> No.20338871 [View]
File: 74 KB, 835x526, stock market crash chart (1929-1933).png [View same] [iqdb] [saucenao] [google]
20338871

>>20336248
REASONS TO GO 100% CASH THIS WEEK AT LEAST:
>EVERYTHING IS EXPENSIVE (FUNDAMENTALS) AND STRETCHED (TECHNICALS)
>CHINA V USA TENSIONS KEEP RISING
>COVID KEEPS BREAKING RECORDS AND THEY ARE NOT PREDICTING A DECREASE ANYMORE, THEY ARE NOR PROJECTING THE SECOND WAVE PEAK TO NOVEMBER/DECEMBER
>Q2 EARNINGS ABOUT TO START

Wait at least for the banks' earnings as they are usually seen as a good indicator for the rest of the earnings season and the economy
Jerome's liquidity plan will stop working given that liquidity and money printing only solves very short term problems and the economy has now been closed for way too long. There will be structural issues, insolvencies, and ultimately changes in consumer preferences which ultimately will change the economy.

We're at that first +48% point at the end of 1929. It's all down hill now.

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