The day that Jerome Powell uttered those words, the stock markets began their current decline. From where we stand right now, I expect the current correction to accelerate into a full blown crash to occur in 2019, and we will soon see a Fed reversal in policy.
"After the dotcom bubble, the Nasdaq plunged 78%. Wave after wave of dip buyers were rewarded with small goodies and then taken out the back and shot. Many companies disappeared entirely. That was an example of a collapse. That’s when the Fed got nervous." - Wolf Street
My projections are based on a continuing progression of the Regression Trend Line that begins when Powell made his fateful statement. Supporting documentation regarding the seriousness of the collapse is based on a high probability of a depression that will be seriously impacted by the the coming retirement crisis.
Real Vision - The Coming Retirement Crisis
www.youtube.com/watch?v=5OFaZcC0...
"After the dotcom bubble, the Nasdaq plunged 78%. Wave after wave of dip buyers were rewarded with small goodies and then taken out the back and shot. Many companies disappeared entirely. That was an example of a collapse. That’s when the Fed got nervous." - Wolf Street
My projections are based on a continuing progression of the Regression Trend Line that begins when Powell made his fateful statement. Supporting documentation regarding the seriousness of the collapse is based on a high probability of a depression that will be seriously impacted by the the coming retirement crisis.
Real Vision - The Coming Retirement Crisis
www.youtube.com/watch?v=5OFaZcC0...