knowing that u had sources for your claim makes this post much less fun
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stock market crash?
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griffthe s&p 500 is down 20% this year, but i was wrong about the crash...
here are some articles that led me to make this prediction
https://www.cnbc.com/2022/10/25/china-property-why-beijing-wont-bail-out-its-real-estate-sector.html
(chinese real estate crash)
https://foreignpolicy.com/2022/07/27/china-village-banks-economic-growth-dangerous-contagion/
(chinese bank run)
https://www.yahoo.com/now/binance-temporarily-halts-usdc-withdrawals-131846828.html
(crypto exchange pausing withdrawals)
https://www.nytimes.com/2022/11/11/business/ftx-bankruptcy.html
(large crypto scandal, billions of dollars of fraud)
inflation at 7.11% recently compared to 2.5% in 2020
i should have predicted it by the end of 2023, but oh well
did u profit from it? If so what was your position?
[quote=griff]the s&p 500 is down 20% this year, but i was wrong about the crash...
here are some articles that led me to make this prediction
https://www.cnbc.com/2022/10/25/china-property-why-beijing-wont-bail-out-its-real-estate-sector.html
(chinese real estate crash)
https://foreignpolicy.com/2022/07/27/china-village-banks-economic-growth-dangerous-contagion/
(chinese bank run)
https://www.yahoo.com/now/binance-temporarily-halts-usdc-withdrawals-131846828.html
(crypto exchange pausing withdrawals)
https://www.nytimes.com/2022/11/11/business/ftx-bankruptcy.html
(large crypto scandal, billions of dollars of fraud)
inflation at 7.11% recently compared to 2.5% in 2020
i should have predicted it by the end of 2023, but oh well[/quote]
did u profit from it? If so what was your position?
here are some articles that led me to make this prediction
https://www.cnbc.com/2022/10/25/china-property-why-beijing-wont-bail-out-its-real-estate-sector.html
(chinese real estate crash)
https://foreignpolicy.com/2022/07/27/china-village-banks-economic-growth-dangerous-contagion/
(chinese bank run)
https://www.yahoo.com/now/binance-temporarily-halts-usdc-withdrawals-131846828.html
(crypto exchange pausing withdrawals)
https://www.nytimes.com/2022/11/11/business/ftx-bankruptcy.html
(large crypto scandal, billions of dollars of fraud)
inflation at 7.11% recently compared to 2.5% in 2020
i should have predicted it by the end of 2023, but oh well[/quote]
did u profit from it? If so what was your position?
Great time to buy the S and P 500 at a cheap price and hold it for 30 years. Basically your pension.
This post does not represent financial advice...
Great time to buy the S and P 500 at a cheap price and hold it for 30 years. Basically your pension.
This post does not represent financial advice...
This post does not represent financial advice...
masterTF2griffthe s&p 500 is down 20% this year, but i was wrong about the crash...did u profit from it? If so what was your position?
here are some articles that led me to make this prediction
https://www.cnbc.com/2022/10/25/china-property-why-beijing-wont-bail-out-its-real-estate-sector.html
(chinese real estate crash)
https://foreignpolicy.com/2022/07/27/china-village-banks-economic-growth-dangerous-contagion/
(chinese bank run)
https://www.yahoo.com/now/binance-temporarily-halts-usdc-withdrawals-131846828.html
(crypto exchange pausing withdrawals)
https://www.nytimes.com/2022/11/11/business/ftx-bankruptcy.html
(large crypto scandal, billions of dollars of fraud)
inflation at 7.11% recently compared to 2.5% in 2020
i should have predicted it by the end of 2023, but oh well
I didn't profit from it both because I didn't really have spare cash, and also because I'm not confident enough yet to short, however if I did I would have bought long dated puts on bank of America
[quote=masterTF2][quote=griff]the s&p 500 is down 20% this year, but i was wrong about the crash...
here are some articles that led me to make this prediction
https://www.cnbc.com/2022/10/25/china-property-why-beijing-wont-bail-out-its-real-estate-sector.html
(chinese real estate crash)
https://foreignpolicy.com/2022/07/27/china-village-banks-economic-growth-dangerous-contagion/
(chinese bank run)
https://www.yahoo.com/now/binance-temporarily-halts-usdc-withdrawals-131846828.html
(crypto exchange pausing withdrawals)
https://www.nytimes.com/2022/11/11/business/ftx-bankruptcy.html
(large crypto scandal, billions of dollars of fraud)
inflation at 7.11% recently compared to 2.5% in 2020
i should have predicted it by the end of 2023, but oh well[/quote]
did u profit from it? If so what was your position?[/quote]
I didn't profit from it both because I didn't really have spare cash, and also because I'm not confident enough yet to short, however if I did I would have bought long dated puts on bank of America
here are some articles that led me to make this prediction
https://www.cnbc.com/2022/10/25/china-property-why-beijing-wont-bail-out-its-real-estate-sector.html
(chinese real estate crash)
https://foreignpolicy.com/2022/07/27/china-village-banks-economic-growth-dangerous-contagion/
(chinese bank run)
https://www.yahoo.com/now/binance-temporarily-halts-usdc-withdrawals-131846828.html
(crypto exchange pausing withdrawals)
https://www.nytimes.com/2022/11/11/business/ftx-bankruptcy.html
(large crypto scandal, billions of dollars of fraud)
inflation at 7.11% recently compared to 2.5% in 2020
i should have predicted it by the end of 2023, but oh well[/quote]
did u profit from it? If so what was your position?[/quote]
I didn't profit from it both because I didn't really have spare cash, and also because I'm not confident enough yet to short, however if I did I would have bought long dated puts on bank of America
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