Originally Posted by
r3volution 3.0
Products?
Profits?
Revenues?
Pish posh, how quaint.
All we need is for the central bank to buy the shares, which they will do, if need be.
All the deflationistas are dead wrong.
They're operating on the assumption that this is a market economy, because they think it should be.
And indeed it should be, which is why I like them, but it isn't, which is why Ill make the opposite bets, and drink their milkshake.
I don't think you should fight the Fed.
This guy has sent a variation of this Tweet for years and has been very prescient. One difference between now and the tech bubble is Greenspan actively deflated the bubble with tightening. Don't see that happening now unless inflation ticks up.
That said, intermediate term (next 2-5 months, Nasdaq tech stocks overdue for a spill. Eventually people need a breather. Good data driven article on sentiment right now (from a source more credible than 99.8% of garbage posted on financial sites.)
https://sentimentrader.com/blog/risi...ly--25-6-2020/
Also this guy...
Connect With Us