Loading ...Obviously, he thinks the regular stock market is ready for a drop. But I’m thinking the Fed didn’t raise rates high enough to stop speculation. So I don’t necessarily agree with the short dow snp naz short. But the guy is supposedly a chart reading pro and 80% right, so lets see how it goes. Hes holds short term, cashes out as soon as he sees a profit. 5-10-20%.
PS also if the economy starts slowing more, the Fed might even drop rates and cause more speculation. The Fed is really boxed in. The news is saying real estate started collapsing. Does the fed want that, to curb high rents?