/u/The_Everything_B_Mod's posts in /r/economy
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I'm going to go ahead and call it. I believe tomorrow will be black Monday. Crypto is already down 14.3 % in just the last day. The paradigm shift has already occurred. Bad news is bad news with the stock market now. When the fed cuts rates, it's over with. I guess we shall see how tomorrow goes.
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So, ummm is no one paying attention to the crashes happening all over the world right now? Anyway today is the start of all the volatility in all global markets. Strap in for this one!
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Hate to say it, but it looks like I was right about today being black Monday, Apple down over 10%, NVDA down 16% Bitcoin down 18%, Ether down 23%. The real volatility starts today again I predict the market to lose around 50% over 2 yrs and RE to lose around the same if not more in 4 yrs. Time tells
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Hurricane Debby makes landfall in Florida as Category 1 storm and threatens catastrophic flooding (Add a hurricane in FL and a new war along with this paradigm shift were bad news is bad news all the sudden with the stock market and there is your perfect storm.)
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