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Getting clubbed like a baby seal this week.

Amazon down $180 right now. Netflix down $120 today.

Bitcoin is down $30k since November 8 ($67,566 to $37,800 today)...

Baby seal blood everywhere...

I will say it again...

"Hard Commodities... Physically Held".

Hold on boys... wheels are off the track... and the brakes are going out.

Fed ‘Will Only Remove the Punch Bowl After It Sees People Staggering Around Drunk

Buckle up, the Fed is going to have to do something.

I loaded up at the open and was up nicely but they sold everything into the close and I got stopped out even which is okay because who knows what's happening in the next few weeks with Brandon, Russia, the Fed next week etc.

What are your favorites?

Whatever stuff you know best...

If you are a fabricator (like my friend that owns a big trailer shop)... steel, hubs, axles, welding rods etc.). Maybe $300k in inventory... that kinda thing.

Same if you are an electrician... get ahead of the shortages... AND keep your ability to do your job and GET PAID.

If flipping cars is your thing... get a dozen Prius and wait for gas price panic...

Bottomline... whatever you know best... get ahead of it.

Same thing that so many said 24 months ago....and thankfully many of us didn't listen. I'll be looking for an exit this year, but not before $300K in gains, mostly energy.

Glad for you... I have done fairly well on CVX and XOM myself.

My larger question is this... "What mechanism (...what fulcrum arm of leverage) does the FED or .GOV currently possess to right this train (i.e. get it back on the tracks)?

Specifically... and politely asking... what economic tools or means of fiscal solvency does the current administration or current FED have at their disposal to fix this chit?

Since Putin seems intent on invading Ukraine despite tough guy Joe telling him to stop, I emptied the pool and put in 10,000 gallons of gas. Figure it'll hit $5/gal soon.

T/y.
And those are excellent questions, I can't answer them.
What I can say is that we saw billions of scared cash on the sidelines in the market of a lifetime. Just the residual of the Trump tax cuts and consumer savings put billions of cash in American pockets ready to be spent once virus concerns alleviated. People couldn't (and can't) wait to spend regardless of the doom spewed on CNN, I still think we will run further once O-cron dies off.

Will we correct hard thereafter? Certainly. This fed stuff is horrible. I'm thankful for Dem dickheads Manchin and Sinemma today for sure, at least right now they are preserving what's left of the integrity of our U.S. dollar.

Covid sucked for everyone, but I'm glad I was here to experience the market recovery--I've waited all of my life for a market opportunity like this.
Hope to be a vapor trail by the time we see major correction, save a few lithium and crypto stocks.

It'll be interesting to see what plays out if Putin doesn't heed Brandon's stern warning. Can we schedule the mid terms early?

What scares me more is what happens if we have a several year uptrend in interest rates, something we haven't seen in decades.

Actually... I don't see any way possible that that does not happen.

The biggest problem with that is when the rates go up so do the rates on the National Dept... and "United States Total Debt accounted for 895.4 % of the country's GDP in 2020" https://www.ceicdata.com/en/indicator/united-states/total-debt--of-gdp

Personally... I am thinking below is an OPTIMISTIC chart...



https://www.crfb.org/papers/interest-payments-federal-budget

Turning off the free money spigot will be somewhat painful. They may just keep re arranging the chairs on the sinking ship.

.g0v forced to live within its means might make things sparky.

It is not possible to turn it off... most .GOV people couldn't cover their mortgage more than a few months. Some smart retirees and Vets could if they own their stuff outright... but overall I studied the big .GOV shutdown back in 2018-2019 during Trump pretty hard... a HUGE HUGE % of .GOV people were almost at default on their mortgage.

What % of the population could cover 6 months with ZERO INCOME. Hell 44% can't cover $1k

That is the pickle...

I admit I am an economic moron... I would be super happy if the really smart economic folks here on the Campfire stepped in and bitch slapped me around some... and repainted my doomsday portraiture.

If you owe money on a house and you voted for Joe, I guess you are getting your reward for being a dumbass.

kwg

The Left has been masterfully pushing the Cloward and Piven plan for decades to create a system that collapses, by design, under it's own critical mass. The pandemic was the perfect crisis to exploit and accelerate the process.

If you believe this(and I think you are probably right) then the only safe haven I see is gold/silver.

The Fed has a choice to crash the economy or continue to devalue the dollar. Which do you think they will choose?