iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,558 Blog Posts

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2008 Bear Market


2022 Bear Market

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5 comments

  1. metalleg

    Big difference today is that the Fed doesn’t have the tools they had back then to pump the stock market that they had back then.

    Maybe 17 months down and then another 17 down? Who knows?

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  2. juice

    nah, Jim’s got this 😮

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  3. soupbone

    Can’t expect the architects of this mess to get us out. The inflation part was sown before the orange fella only to be nurtured even more by said fella. Too much spending and balance sheet expansion amid the most negative real rates in history is a pickle.

    The Fed will be forced to act once people realize 10% reduction in net worth per year is quite unacceptable. I don’t suppose the Davos crowd want people to understand inflation because if they did the game would end even sooner. It will dawn on them though, and then perhaps the farmers will drive their tractors from the mid-west to Washington like the French do quite often.

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  4. the_wolf

    And as market goes down, oil will continue its long up trend

    Oilman

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  5. koro45

    So buy for ramp until May-June?

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