ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Sun Tzu who wrote (53532)	3/4/2022 6:55:08 PM
From: Lee Lichterman III	1 Recommendation Recommended By ajtj99 Read Replies (2) of 97426

I'm starting to lean towards a double dip scenario. A relief rally when this Ukraine thing is over then a bigger leg down as the Fed tightening takes hold. If there's a usual 9 month delay before the effect of the rate hikes are felt, then December starts the clock for a March hike. One hike isn't going to hurt so the real hit won't be felt until 9 months past a few hikes in. Spring/summer of next year things will probably screech to a halt. Timing will be perfect as all these people demanding high pay for low skill jobs along with plain refusal to work will give employers time to get automated. I can see a year from now, zero jobs to be found. I lean heavily conservative but I listen to NPR for balance (though I tend to scream at the radio most of the time). Today they were talking about a restaurant in south Dakota of all places that couldn't get help so they have a robot waiter now. They're coming, they don't call in sick, play on their phones, fool around, take long bathroom breaks or demand raises.

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