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bucolic_frolic

(51,522 posts)
1. All time highs
Wed May 15, 2024, 07:01 PM
May 2024

A sample of random YouTube channels:

"All-in risk on!" Market pattern overlays show this movie before, and it's hundreds of percents higher from here over the next 4 years.

Dollar may crash. Bitcoin breaking out. 69,000 or thereabouts would be a new high.

Oil headed lower.

It was a trending day, if not in early there were no clear entry points. SCHG ETF up more than 1.5% on the day.

Some are worried about the banks. 6 banks have failed in the last 2 years, just like 2007-8. The money supply is very constrained, more so than any time since 1981. Pandemic STIM created inflation, the Fed is mopping it up. Real estate, multi-unit residential and commercial is contracting as rent resistance increases. Banks may be left with those loan defaults.

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