$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$
There will be a rate cut done in September and this stock will decline. In early September 24.
Followed by a gradual rise until the US elections where we will see how inflation will haunt back the stock market. Paul Volker witnessed this in the 70s and we will see a resurgance of that as Trump becomes the new president.
In Trump's tenure as president, we will see how the fed will increase the interest rates to a point where it will trigger a reset of the US economy and the US debt will significantly drop along with the stock market.
Scenario two, there will be a black swan, to fit this narrative, mpox pandemic, ww3, or something else that we're not seeing just yet. But there will be a cause for the recession or depression that's set to come in december 2024.
I may be wrong. Just my opinion and analysis. Do not take this as financial advice.
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