The only thing that will fix inflation is severe deflation in
multiple areas. The runaway spending and debt that has continued
must be paid for. Eventually the risk of lower stock prices goes
way up. It is going to be a matter of time and when sentiment
changes in my view. And when the people behind the curtain change
the machine settings from buy to sell.
I'm using the strength to reposition for the balance of the
year. I was buying in 3,600-3,700s. And I want to be selling some
4,200-4,300s. No matter what happens I'll be in good shape either
way. Risk/reward.
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The only thing that will
Empire Manufacturing
Posted by fundamentalvalues on 15th of Aug 2022 at 09:12 am
The only thing that will fix inflation is severe deflation in multiple areas. The runaway spending and debt that has continued must be paid for. Eventually the risk of lower stock prices goes way up. It is going to be a matter of time and when sentiment changes in my view. And when the people behind the curtain change the machine settings from buy to sell.
I'm using the strength to reposition for the balance of the year. I was buying in 3,600-3,700s. And I want to be selling some 4,200-4,300s. No matter what happens I'll be in good shape either way. Risk/reward.