Submitted by t3_y25z4p in wallstreetbets

I tried warning you all multiple times. When I said CASH WAS KING in October 2021, nobody listened. But I was right. CASH and short term trading have been the clear winners in 2022.

Instead, 2022 has been a bloodbath for 99% of WSB. The same people who were making six figures in 2021 have now lost all their gains and then their life savings in 2022. The LOSS PORN has been most satisfying.

But wait! It will get worse from here if you don't pay attention.

OCTOBER 13

Inflation report for September will be dropped at 8:30am EST. Consensus is forecasting September inflation numbers to be 8.1% - 8.2%.

Inflation is well above the Fed's target of 2%.

IT WILL BE A BLOODBATH

Inflation will remain well elevated above the Fed's target range of 2%. The market will selloff aggressively as we start another leg lower.

Any hopes and pipe dreams for a "FED PIVOT" will be squashed tomorrow.

JPOW has repeated himself multiple times: "THE FED WILL REMAIN HAWKISH AND NOT PIVOT ON MONETARY POLICY UNTIL INFLATION IS BACK DOWN TO OUR TARGET RANGE OF 2%.

Inflation is going parabolic and it WILL come down, but not without causing PAIN

The market has still not accepted the fact that the long term trend of the market is reversed. This will not be a situation like 2016, 2018 or 2020 or 2021 where bad news is quickly reversed and the bull gang is unleashed.

This is more like the Nikkei of 1990.

Foreshadowing

$SPY will touch it's February 19, 2020 high of $338/share by December 30, 2022.

BAN BET: Inflation will remain elevated above 6% and the market will SELL OFF. $SPY will close down -1% or more on Thursday October 13.

This is a ban bet. If I am wrong the mods can ban me from WSB forever...or flair me with something awful if I win.

THE FED WILL NOT PIVOT

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