The market has done a ridiculous good job of pushing higher. The market has not been a rocker above SPY 666.
We could run up into extreme highs into next year, but I think that is the narrative the majority is banking on.
I do think a 2008 crash is now impossible, as the Fed chairman will be replaced in January, and the person will be a Trumper. Trump has always run loose fiscally, as his multiple bankruptcies and defaulting on contractors.
So whenever the bottom is, I suspect in December or January. The bitcoin and gold sectors will be safest plays for liquidity inflows. As we print, there will be fear to invest in companies. There are also less startups as tech centralizes power. Therefore the currency will flow into ‘ponzi’ type assets.
Good luck!
