I just got back from Davidson, NC — on a long sojourn from Cary to Charlotte and I’m exhausted. It appears futures are soft again and with it commodities. If we continue getting routed like this — the market will begin to consider it pricing in recession or slowing economic output. If that occurs and nothing new out of Russia, there is a chance we could see oil get absolutely routed alongside all other commodities, similar to what we saw in 2008.
This will not end neatly, however. And before this deflations cycle does end, if that’s what’s about to happen, people will begin to lose their jobs en masse. Rates will collapse and by summer the Fed will once again be out of touch with reality — tightening into a hard economic collapse.
This is all setting up wonderfully for a Fall crash.
Goodnite.
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Nah. I mean maybe. It’s certainly possible.
But the charts for commodities all look great. Variance has simply expanded following the Russian invasion. The swings will be wider but trends are all up still.
I’m not hearing any signs of slowdown yet. It’s coming but 2023 still looks like the earliest.
But do they want to inflate our debt away? Are they going for some kind of reset and digibucks? Is there a conflict between our owners and our control freaks ..or are they the same?
Anyway, with so much debt, can they get away with the standard crash and grab this time?
This inflation, and deflation cycles turning ever faster; thanks to financialization and our friendly banksters.
“This is all setting up wonderfully for a Fall crash.”
Late Fall or Winter is my guess – the chaos of the November mid-terms may finally trigger a cascade … until then the party in power will do everything they can to keep the plates spinning …