Here is how it will play out. The deep state operators are much more intelligent than the rest of us. If they weren’t they would not be so wealthy and effective at what they do. However, just by knowing their incentives and past behaviors it is easy enough to figure out what they are doing. They know early fall is the weakest seasonally for the stock market. Throughout history all market crashes have occurred moving into and through October. So, the Deep Staters will reason that any weakness needs to occur before September. So from now through August, look for more weakness. Earnings will be embellished as usual during the upcoming earnings season. During earnings season, there will probably be a big sell off in the techs. Because Dow type stocks are being beaten down, they will be available to squeeze as the techs are falling off. The market will be down but all hope will not be lost.
You will notice that major corporations like Goldman Sachs and Bank of America are putting out dreadfully bearish research reports. This is expressly for the purpose of drawing in shorts to squeeze. These kinds don’t have a history of sharing wisdom with folks on the wrong end of the food chain. There is no reason think that is their purpose now.
Most importantly, close to a week before September, it will be announced that the trade war is off. That is the most likely game changing announcement although it may be something different. It may be more than one thing. The president will have gotten everything he wanted from the Chinese and all others. All problems will be deemed solved and there will be green lights everywhere saying the water is fine. The party is on again. Dive in. Will this work? My guess is not as well as it has worked in the past. But, the deep state knows the danger is in the fall and they will have a plan for dealing with it.
I really cannot be of much help with forecasting market levels. In a rigged market, technical analysis is useless. The Deep State is still in control but is losing grip with every passing moment. I still have only a few bearish ETFs and a pile of cash waiting to be invested at much lower prices.
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do n
The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.
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