That guy’s long term view is scary. The basis of his
reasoning is $95B of QT every month for the next three years to
work off the $ Trillions of Covid QE. Consider those 13 years of QE
driven Bull Market.
The most interesting two points about that video are: 1) Vix
spike to >30 at this time, rather than a point spike which was a
typical 2022 buy-the-dip opportunity, the multiple days >30 is
analogous to April, when the market plunged further, and 2)
Negative sentiment is also not likely a counter-trend point
spike, but the beginning of many months of negative sentiment,
similar to 2008.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
That guy’s long term view
Plot Elliot Wave and you need 2 aspirin afterwards.
Posted by te22 on 21st of Oct 2022 at 08:38 am
That guy’s long term view is scary. The basis of his reasoning is $95B of QT every month for the next three years to work off the $ Trillions of Covid QE. Consider those 13 years of QE driven Bull Market.
Ha! I see you viewed
Posted by brophy on 21st of Oct 2022 at 08:57 am
Ha! I see you viewed the same Youtube vid. Yes, but he is not the only one, by any means.
The most interesting two points
Posted by te22 on 21st of Oct 2022 at 09:04 am
The most interesting two points about that video are: 1) Vix spike to >30 at this time, rather than a point spike which was a typical 2022 buy-the-dip opportunity, the multiple days >30 is analogous to April, when the market plunged further, and 2) Negative sentiment is also not likely a counter-trend point spike, but the beginning of many months of negative sentiment, similar to 2008.