I’m so jaded from the last 2 years that whenever I see something like this blatantly put out there, I expect it as the prelude to the rug pull
Oh yeah
My new theory is that market holds up until mid terms are completed, but there's a few catalyst that could send the market into a joy or downward.
Actual War or terrorist attack might tank the markets.
Student loans being forgiven to some aspect could send it surging indefinitely.
If the markets like how the mid terms play out, it could end up surging. A
If inflation magically declines exponentially, then it will surge,
However from the metrics I've come across, I don't think inflation has peaked.
Americans are still spending like crazy.
Instead of people spending less, because they're incomes can't keep we're seeing credit usage rise again.
People are taking vacations like never before. I wouldn't be surprised if the airlines and hotels kill it in Q3.
A new Wells Fargo study has found that a large number of Americans are using their credit card rewards to help offset the costs of everyday purchases amid concerns about …
www.mychesco.com
I'm doing my part being staying hedged, keeping my spending "low", and delaying vacations until 2023.
Idk how people are content paying some of these prices out there. But then again, I make low 6 figures and everyone else is seems to be making 200k+ with stock options.