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Adamo Nals
Sep 26, 2022 9:11PM ET
If you haven’t figured it out yet. I’ve written on here several times. This is the end. I’ve been trading since 1978. This is the worst most egregious self-inflicted BUBBLE I’ve ever seen in my life. 9 trillion on the balance sheet. 100 headwinds. FX headwinds. Massive quantitive tightening. Global recession/depression. One singular inflationary pressure in the 70s. I was there investing and trading. We have hundreds of inflationary pressures now. $200 a share times 13 X equals 2600 on the S&P. Next stop is 8374 for a 30 year Fibonacci chart. Everyone knew when quantitive easing started. We would have to pay the piper. We thought and it should’ve only been for a year. On top of this administration and several administrations holding interest rates at 0%. Free money all day long. many administrations. Don’t forget that. The bottom line is Mr. Piper is in the building and he’s looking to be repaid. Unless you’re 45 years old or older, you won’t understand. 0% rates fantasy land. QE Same
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