Money is feeing banks in volumes never seen before in the US. Bank give 1% or less on savings, while bonds, and now Apple give 4% or higher. As banks lose deposits they must adjust their balance sheets.
Bank stress isn't over until this imbalance changes.
Further, we are seeing insiders dump stocks in record numbers, as executives see business slow down. They want to get out before there is a massive stock sale.
I have more shorts than at any time since January 2020 in preparation for the pandemic. I think the market peak is in, and even if some turbo final blow off rally occurs, the top will be in then.
The downtrend should be 5 to 10 years before we see new market highs.
Safety is 1-3 US Federal Treasury bonds. You can consider putting some into Gold miners like "royal gold", or ETF's like India. But in a deflationary collapse everything should go down except us Federal Treasuries.
Strap on in, if you keep your stocks, catch you in 2030 before we come to these levels.
Good luck!
If you want to short, consider SPDN, its a 1x short. My concern on 3x shorts is we have seen high multiplier ETF's fail like when Oil spiraled. I lost I think about 10K when those ETF's failed.
A leveraged short is SPXS or buy puts. But I still don't think we will see a huge swoop down, more like a slow motion fail.
Good luck!
And what will make you change this opinion ?
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