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Pastimes : The Philosophical Porch -- Ignore unavailable to you. Want to Upgrade?

To: Rarebird who wrote (14498)	8/6/2022 10:27:15 AM
From: Rarebird	Respond to of 26251

The more I think about this, the more I realize that the US is headed to stage two of the bear market shortly. The first act was the inflation bear market where PEs compress and companies with no earnings get destroyed. The next act will be deflationary where earnings and employment decline substantially. There is a growing inventory problem in the USA. I just saw that Walmart announced some layoffs. This bear market rally is getting long in the tooth and will break down fast after Labor Day, if not sooner. I'm still holding to my target of SPX $4330-$4350, but as each day passes, the economic landscape becomes riskier.

To: Rarebird who wrote (14498)	8/6/2022 7:24:53 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 26251

#1.. agree.. #2.. Republic of China (what is euphemistically called Taiwan) thinks mainland belongs to it .. You do realise that right ? #3 yes the zero principles approach.. is that something of a gift to certain people ? read that carefully #4 I know that.. always saw it.. why I laugh every time you pretended to be a progressive .. glad you manned up :) for a Canuck I am moderate to conservative.. depending .. leaning heavy Libertarian .. but yes comparatively a lib to you :) #5 pretty sure you have posted otherwise OK I'll move on My work is done :)