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🔥 EXTREMELY DANGEROUS SITUATION FOR THE MARKETS 🔥 MASSIVE TROUBLE THIS WEEK!🔥 The debt ceiling crisis is ramping up and one of the side problems is that it will push up the interest on treasuries, thus hurting one of my positions. It may be time to make a major move.
We are almost there and we will see how nicely DC plays tomorrow. The debt ceiling crisis takes a weird turn this week with the leaders of the house and senate meeting with the President next week. This will shake markets up either way depending on the outcome. I expect little giving of ideals from this meeting.
I think we will see a stock market pullback if things don't go according to plan. If we go right up to the last day, I expect the stock market to be down between 5-15% for the month of May at that time. The debt ceiling update for today is something to watch. The debt ceiling news today is not good.
The stock market crash is still coming in my opinion and I continue to see the data stating the same thing. It is not a question of if we have a drop, but when. I go over TMF stock price and the TMF stock price prediction based on the debt ceiling.
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🔥 EXTREMELY DANGEROUS SITUATION FOR THE MARKETS 🔥 MASSIVE TROUBLE THIS WEEK!🔥
#Stocks #recession #debtceiling