Powell speaks at 10:15 am, just after Bullard at 10:00 am.
Now we just need Cramer to call a bottom and we have the full recipe for a trip to $SPX -1000.
If you want to learn something about $DXY and dollar and how all of it works and you got 6 minutes to spare. Suggest you invest and watch this!
youtube.com/watch?v=xxzy3s…
Sept 25th was settlement date for MBS. Fed balance sheet weekly update was released an hour ago. MBS down $8.16B on the week, Treasuries down $2.09B. Fed was telling the truth all along. 😜 Y'all ready for more? 'Cause it's coming, you just have to know where to look. @Quillintel
USA 🇺🇸
Jerome Powell, Chair of the Federal Reserve of the United States, openly discussing the move towards a Central Banking Digital Currency.
The conspiracy theory is now a governmental reality.
#CBDCs
I've had 20+ people message me saying the Dow Jones doesn't support my charts on S&P resistance.
Markets always trap people right at the end because it looks like a new bull run. Let's look at the Dow on a monthly basis against a typical market cycle.
See any similarities... 😉
This morning I discovered something *extremely* alarming happening in the car market, specifically in auto lending.
I'm now convinced that there is a massive wave of car repossessions coming in 2023.
Here's what I discovered (and what no one knows):
2008:
◉ Lehman Brothers was $600 billion
◉ The CDO market was $400 billion
2022:
◉ The crypto market is $2.5 trillion with most of it built on a 10:1 leverage ratio
◉ The CLO market is $1.2 trillion in a $12 trillion structured credit fixed-income market
See any problems?
Printing $5T in 2020 was the largest asset trap history.
Not only did they create an insane bubble causing people to over leverage in housing & assets, but then they raised interest rates 500% quicker than at any time in history.
All designed to destroy the middle class.
How is it possible that we can have 50-60 handle up/down moves so frequently throughout the day, but it gets faded on both sides EVERY SINGLE FUCKING TIME & FOR MONTHS STRAIGHT!
There is no random free market pricing occurring EVER!
-50 in 15 minutes today then chop for hours.