Today seems like the definition of a dead cat bounce.
One day does not a market make.
One day does not a market make.
that's an A1 observationI'm convinced. Watch the movement of the Russell 2000. That's the indicator if we moving forward or backwards.
Seems like breh is going with the 50 Cent approach.
Why what’s the story behind this?Kevin deserves the hate
Kevin deserves the hate
MeetKevin dude is a YT stock/finance guy famous for saying “buy the dip” hold never sell etc etcWhy what’s the story behind this?
This tells you all you need to know. Inflation is currently 7%. The 10-year treasury yield is approximately 1.7%. The last time inflation was this high (early 80s), the 10-year was 10%. Investors aren't going to accept losing that much money holding US treasuries much longer. The Fed's hands are tied to save the market. That alone brings down stock valuations. Rate hikes and an ensuing correction are necessary for inflation to meaningfully decline. Current valuations are heavily dependent on low interest rates and Fed stimulus.
MeetKevin dude is a YT stock/finance guy famous for saying “buy the dip” hold never sell etc etc
It’s kinda his catch phrase well he made a video Friday after the market close that he had sold everything and no longer is in the market
Cause a pretty big backlash of other YT reaction videos
I watch his videos occasionally. I don't think he does. If you take advice from just a guy with a camera on YouTube and shyt goes south that was your choice. He's a multimillionaire regardless of the market he'll be aight. Same with Financial Education. If he points me at a stock and I buy it, which I have in multiple cases, that's on me.Kevin deserves the hate
He sounds Southern and RED state so I am wary of white dudes in general but more the Confederate ones but his goofiness is a little funny. He admits he's a hater waiting for them to crash and burn.Seems like breh is going with the 50 Cent approach.