Submitted by watifurdadpulledout t3_yhvyzj in wallstreetbets
Despite a buy signal from technicals or a coming rally from divided Government coming up in a couple weeks the last thing I believe is that we have hit the bottom. There is much lower to go. The 3/10 Yield curve flashed earlier this week. Which guarantees much more fucking that is ahead for us. I believe this is coming up next.
- A widening in the 3/10 yield - Yields going over 5% over the next couple of months.
- Oil Prices to spike as soon as we finish this election and the strategic petroleum Reserves stops getting used. - Get ready for a cold and expensive winter.
- Another spike in this inflation game - well over 10-12%. This forces the fed's hand on holding the rates higher for longer.
- A lot of bullshit companies filing for Chapter 11 because of the new rates and the Unemployment to tick up over 4%
- Fed to start talking even louder but not be able to raise rates Fed Funds Rate more than 1-2% higher than current levels b/c of the 31$ Trillion national Debt.
- A real bottom is when no one is talking about the stock market. Bullshit companies and tokens are near 0 and all the craze of the market has been completely fucked out of the system - Which I have yet to see.
thereallizardlord t1_iug0ocm wrote
I think you're right, and it could definitely go down. Or up. Or maybe sideways.