Post by
Tradinghands on Aug 01, 2024 5:43pm
Fear and Greed
Since last year a lot of speculators have been calling for a deep market correction from Warren Buffett to JPMorgan and I have seen first hand market crashes since I started trading in early 1980's but I do remember how the FED screwed up in the 1970's by making rate cuts before inflation was fully under control and what followed was hyper Inflation and ramped up to around 19% and with today conditions from bankruptcy to living poor as housing is out of control so people just don't have the cash to throw around and having the world on the brink of WW3 that if the FED starts cutting too soon prices will rise sharply and then when the FED hikes rates after seeing inflation coming back strong then we will see a market melt down because the markets have inflated on hopes of cuts over the last year, I'm keeping more cash than usual.
Fear and Greed Index - Investor Sentiment | CNN
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