Video Credit-Bull Boom Bear Bust, YouTube 2024
The economy has been in tatters for quite some time, but shit is starting to get real as the Federal Reserve has hinted at a rate cut in September which many in the financial community expect.
The expected rate cut will be unlikely to make much of a difference. Rate cuts typically take 6-12 months to impact the economy as new loans are made and consumers will hardly benefit from this. Inflation will likely rise as it becomes easier to get loans and money.
The recent dip in the stock market that was pronounced in the tech stock market which impacted the S&P 500 was likely an inside job. It's presumed Trump will be elected and conservative politicians will take over in 2024.
Watch out for 2025. No more reason for the powers that be to hold this system propped up. Watch short volumes skyrocket and the VIX jump.