Month: September 2022

Too many influencers are waiting for the next ‘leg’, the capitulation, or the Lehman Brothers event. IMHO we might grind down, however the US market can’t have a capitulation event without a major vulnerability – The housing market and the banking system, though leveraged are less vulnerable than the 2008 ones. Job market never been… Continue reading Why am I betting on a mid-term rally now

1. It’s not true that gold is a safe heaven during recessions. You can see from the following image (gold is in a color that is as much as closest to gold as I’ve found, S&P 500 candles – and green areas are US recessions) that gold tends to correlate the stock market partly during… Continue reading Gold and the Lehman Brothers Moment

China economy crackdown is not a local issue. The direct impact of it on global economy is obvious, and beyond the scope (and the subject) of this post. The indirect effect might threaten the communist party in Beijing. What are the odds that Xi will step down peacefully, after 16 Oct 2022 elections? What totalitarian… Continue reading World War 3 recipe – do we have all the ingredients?