The Bear Market Is Here (And How To Survive It)

AtomicPiss

https://www.youtube.com/watch?v=kEPSmFn9FAc

HFNY

I thought the tweet about Fed Incompetence was ironic. If the Fed can be incompetent in printing too much money and keep rates too low for too long, they can also be incompetent in shrinking their balance sheet and raising rates too quickly which would hurt bitcoin and risk assets the most (maybe gold too).

It really wouldn't surprise me to see the S&P 500 down to around 3,000 in the next 9 or 10 months as higher interest rates increasingly work their way through the economy.

greenblood

When we get to max fear I’m going shopping

godawgst

The reason this fed didn't (and past ones in the last 15 years haven't) is simple. Every 1% raise in interest rated adds another Trillon on the debt which they can't pay and can never get off their books.

Prices started screaming higher q4 2020 and they did nothing until their hands were forced.