>I could be completely wrong though. You are right and wrong. Economic uncertainty causes cutbacks in spending which causes recessions. Keynes called it 'animal spirits'. This includes when businesses act on fears of recessions by cutting back spending When the typical person is employed, they spend the majority of their salary, and save or invest the rest. This spending is effectively sales for another business. That spending creates jobs because other businesses have more demand. That leads to more employees who also spend the majority of their salary, creating more jobs in a feedback loop. If you lay people off in bulk it will cause a recession. The way you are right though is that this recession was probably happening anyway, because the government laid of 300k workers, the administration isolated the US from global trade, and the government cut back on a tonne of public spending. That will create feedback loops that cause a recession. Important to note that given the recent corporate tax cuts, the $3 trillion that was simultaneously printed and injected directly into the private sector via QE and covid stimulus during 2020, and a possible currency debasement, either a real recession or just a recession in the consumer goods part of the economy could be accompanied by strong stock market performance, at least in nominal terms. That being said, I did just buy put options, because theoretically this could get really bad in the next 12 months. I'm also still holding my stocks, with my currency exposure hedged into a different currency, because I can see the potential for some crazy shit to go down. Either way I think the future is looking grim for the American middle class.

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Bro dropped the most ominous goodbye note in finance history

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🙏 Where can it go? Last week the Indexes were green and yet 90% of "good" stocks were deep red, with the market being propped up by about 5 "good" stocks, mainly Mag-7 types. Even if we hit 700, how high can these AI-market driving stocks go to get these Indexes any higher? If anything, look at the Index charts, it will just keep in the Range going up and down until something gives. VTI's lows today were mid-September's highs, even SPMO hit 120 in id-August, and it fell below that today (if anyone was sitting in these Indexes, they went nowhere for 3-4 months at this moment). On that note, I think that's why Taco suddenly floated the $2k checks, because there is no catalyst on the horizon besides the Santa Rally. Just think, so many stocks just crushed Earnings, and they all tanked and tanked bad right after. Some were the ones that were driving it up (Meta, Quantum, etc). So how can it possibly go higher without popping the bubble?

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It would be funnier if US invaded Venezuela, and when trying to find whats left of the oil reserves they find a note saying "haha we got the oil first you cuck - wuv, Gyna."

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On a positive note my yearly bonus check just hit Covers half my days losses 🤕

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On a serious note. Why does this look like a voltage signal with transient region every time a change happens then circuit settles down.  The. You change the circuit environment again

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Nah really. Mike Burry is a massive clown. Sweet 1 win bro. We do that everyday here. Then he proceeds to cuck out of the game with a whiney goodbye note THE DAY BEFORE THE MARKET DUMPS! Trash. Hopefully he does not keep tweeting all that edgy cryptic bs knowing damn well he was making fuck all for real plays the whole time.

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Note to self: When holding long dated calls and QQQ has a +2% day, just take all profits and wait for a few theta days to get back in

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everyone note the footer

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\- I watch the charts \- I read the news \- I take note of government data Every time I think "the top is in", I buy CALLS Never fails!

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