What will the economy be like in 1 year?

📉 Bill What will the economy be like in 1 year?

🌚 Nlggers I hope somewhat better. I'm not sure I can say with much certainty. I suspect property prices may continue to decline but beyond that I don't feel particularly confident speculating.

5y, 2w reply

🌋 Pod Unk I'm bear gang, pretty massively short SPY (via SPXS calls) over the mid-term (1yr+)

5y, 2w 5 replies

📉 Bill I keep on trying to short $QQQ but timing a top is incredibly hard. The run up since March is crazy. I can't believe it's still going.

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🗜️ Mx Well, prepare yourself to lose some money in the next few months.

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🗜️ Mx The SPY will keep going up until November. Then, depending on the US elections outcome it may stay there or crash.

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📉 Bill So you don't think polling has any effect on equity sentiment? Is Biden/trump a toss up? I bet it's going to get interesting when we start getting into the debate sessions

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🌋 Pod Unk Money printer go brrrrrrr and stonks -> moon.

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😏 Yt L. I'm about confused about how the stock market is doing as well as it is given covid and quarantines.

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📉 Bill The Fed has turned it into a casino after the GFC and we're now seeing the true manifestation of that.

5y, 2w reply

🏎️ Fast minus ~20% pts. but will recover in 3-4 years.

5y, 2w reply