Loading ...Yeah it doesn’t seem normal but then things aren’t normal now driving it. It’s not just the charts it’s the fundamentals that changed. The concession from those with much knowledge that we are heading for a recession at least. Some think it will bring stagflation, one Dowd pointed out that the rising of housing costs was brought on by not just the Fed but Biden open borders and real numbers of 20 million where they were building for them and all the other money they spent on them at tax payer expense, then the delay of bringing down the increased interest rates they also delayed bringing up there will be impending crash in housing prices needed to normalize that catastrophy will be deflationary because housing is included in the numbers. But then we have the other inflationary factors and debt so maybe it will balance out more towards a temporary recession and dollar devaluation than a outright depression. Hopefully But for now that isn’t happening yet.
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