Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: IC720 who wrote (1500477)	11/11/2024 7:38:33 AM
From: Real Man	Read Replies (1) of 1570632

It is entirely possible to break out higher. However, the line being there for now is resistance. I believe the possible liquidity hiccup will be when reverse repo pool is completely drained, probably some time early next year? It’s down from over $2 Trillion to current $163 billion. Nobody canceled the budget deficit. Cutting all federal employees will lead to a recession and increased government spending on unemployment benefits. A explicit default on US government debt will lead to a stock market crash. A default via money printing will lead to the stock market soaring. Commodity prices appear to favor deflation or disinflation at the moment.

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