Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 675.24

-1.2%

Nov 4 4:00 PM EST

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D.Austin

Machaon

POKERSAM

To: yard_man who wrote (189480)	8/19/2023 11:33:26 AM
From: GROUND ZERO™	3 Recommendations Read Replies (1) of 218436

More than 65% of American families are living paycheck to paycheck and are $400 of an emergency expense away from total bankruptcy... The home mortgage rate is now at more than a 20 year high AND the 10 year note is ready to break out higher!!! The last time the FED raised rates while in the midst of an inverted yield curve as we have now was in 1929 and we all know what happened back then... The biggest problem with all this is that ALL of this is being done intentionally to punish independent wealth and to destroy the American economy!!! Fitch has already downgraded the U.S. bonds from a AAA rating to a AA+rating and is now prepared to downgrade American banks... The U.S. Dollar is losing it's global reserve currency status and this alone is like losing a world war without firing a single shot... If anyone has any credible reason to believe these market have a good reason to move higher right now then I would like to hear it... GZ

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