Is stock market heading for a dip?
Title says it all
🔮
Hodl till election
What's your thesis, if any?
Yes. Gold prices are increasing in India.
China is buying a lot because they are crashing
A dip is not bad compared to the dollar completely losing its value. But the stock market is not really doing extraordinarily well. It's just inflation is way higher than reported numbers. US stocks, international stocks, commodities, gold, crypto, oil , real estate, everything is at an all time high. If you travelled internationally, even in poor countries the dollar doesn't go as far.
Dollar can’t be unseated. The best military in the world provides security land, air and sea. And we have the track record of bouncing back from every economic disaster faster than anyone.
I assume you're talking short term. Cause long term every currency will go to zero. It's a question of when not if. US economy has indeed been resilient. But there is difference between economy being resilient (stock market crash then recovery) vs US dollar is losing value. And if the dollar loses value quickly it becomes a feedback loop. More people lose trust and offload then more values gets erased and so on. Not saying that will happen. But if we keep printing, forgiving loans and taking massive debt at high interest rates. It's a recipe for disaster. Market dipping is actually what the fed is hoping for and in general a healthy thing. We are overdue for a correction by a decade.
Q3 yes. Inflation is still too sticky.
Bidenomics
Lol I don't even vote and yet I find trolls like you funny. Cos surely you don't think 47% spy and 50% qqq since election day 2020 isn't a joke.
Is pure market manipulation