The crash will happen soon and its in a matter of days before SOXL will be losing all its gains back in July.
The curbs and rising tensions between US and China will trigger many complex reactions which would in no way be beneficial to the current economic health of the US.
Now we're seeing :
- two wars happening , both US has decided to be involved.
- funds raising ( bond selling ) - inflationary
- Brics and some of US allies de dollarising
- student loans repayment kicking in
- rising costs of consumer goods
- one more rate hike
- bank run
- oil prices inching up
- oil production reduced
how long can this sophistry (sorcery) last?
Previous crashes all happened in October and we're left with 13 days..
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