RE:my 3 centsRight , we still waiting for the earnings to come down , Market PE is like 18 now bottoms around 14 in a recession , and the E still needs to drop , retest the lows around March give or take dyodd
woodman1 wrote: the repercussions of rising interest rates on the economy shoud be kicking in soon. Lag is about 4-6 months. IVN will be affected by this when the stock market begins to tank. IVN shorts are rising. More and more economists see a recession here or coming. Americans are paying a lot more for goods due to inflation and will get worse. China economy is a mess with covid lockdowns. $20 is coming but not in the short term. There will be one more blowout in the stock market. One more chance to buy low.