1. $SPX is trading like the Fed’s going to crash markets 2. Bond markets are trading like $SPX is at 5000+ 3. WTI Crude is trading like inflation is at 20% 4. Gold is trading like inflation doesn’t exist 5. Tech stocks are trading like rates are going to 10% Nothing adds up.
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@KobeissiLetter @savvytrader2018 It all adds up. The expensive $SPX is down less than 5%. All tech stocks are not remotely equal, and the $QQQ is down 9% and acts like the 10yr yield is going to 3%. Crude prices are a function of supply & demand. It all adds up given Fed QT and higher rates. We're going lower.
@TheBon_Scott @KobeissiLetter @savvytrader2018 Yep... I imagine 2022 chart look similar to 2018/19 If not 2000