Judyjudejack
2023-11-08
$S&P 500(.SPX)$ 


This will crash by almost 50% By dec.

Middle east conflict will trigger the oil price inflation and as oil prices remain at $80/barrel, the participating parties will continue to cut production until it is back to $100-$120/barrel this season.

The layoffs have just started and expenditures will increase due to inflation.

Citizens Bank Failed Two days ago.

Student debt loans are already installed.

Groceries are higher priced

Credit card loans are the highest now and almost everyone have maxed it out.

China's exports have decreased due to low demands.

Jobs available are at all time low.

One more interest hike is on the table before 2023 closes.

This will be the coup de grace. As mortgage repayments will be defaulted. The End.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment