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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (53532)3/4/2022 1:09:33 PM
From: towerdog3 Recommendations

Recommended By
edward miller
rimshot
Sun Tzu

  Read Replies (1) | Respond to of 97450
 
I've got the advantage because I'm the dumbest guy in the room, kind of like the blind having good hearing.



To: Sun Tzu who wrote (53532)3/4/2022 6:55:08 PM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

  Read Replies (2) | Respond to of 97450
 
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.