The Bigger Picture - Not for the Faint of Heart!
Sometimes you need to take a step back and look at the bigger picture to see where we have been and where we are going.
There are 5 trend lines in play, 1989, 2002, 2009, and 2019. Markets have already tested and shown the 2019 trend to be unsustainable, and is in the process of consolidating. Eventually it will collapse and head back to the 2002 / 2009 Channel, where it will retest. If this channel does not hold and drops out, it is going for a free fall towards the 1989 line. What people thought as the impossible will become the new norm.
2019 Trend Failed, due to the massive QE printing resulting the market going into the lower channel. 2002 / 2009 channel will ultimately fail due to it was also propped up by massive QE printing. Markets need to return back to a "Fair Market Value", which is a point in time prior to QE.
Interesting thought I will leave you with is the fact that the fall of Rome was attributed to "...Corruption in the government led to problems like inflation, disease, and starvation, impacting the citizens of Rome and leading to the collapse of Rome." This sounds like the current state of affairs vs. 2k years ago.
You may think I am wrong and that is fine, you can check my prior posts and see I have been spot on numerous times over the years.
There are 5 trend lines in play, 1989, 2002, 2009, and 2019. Markets have already tested and shown the 2019 trend to be unsustainable, and is in the process of consolidating. Eventually it will collapse and head back to the 2002 / 2009 Channel, where it will retest. If this channel does not hold and drops out, it is going for a free fall towards the 1989 line. What people thought as the impossible will become the new norm.
2019 Trend Failed, due to the massive QE printing resulting the market going into the lower channel. 2002 / 2009 channel will ultimately fail due to it was also propped up by massive QE printing. Markets need to return back to a "Fair Market Value", which is a point in time prior to QE.
Interesting thought I will leave you with is the fact that the fall of Rome was attributed to "...Corruption in the government led to problems like inflation, disease, and starvation, impacting the citizens of Rome and leading to the collapse of Rome." This sounds like the current state of affairs vs. 2k years ago.
You may think I am wrong and that is fine, you can check my prior posts and see I have been spot on numerous times over the years.
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