Feast and famine. Good times and bad. Chase is late to the party in declaring this magical event, as many on the street already know.
I believe a different tactic is in play today, as history is rife with events that resulted in "Who could have seen this coming?" Bernake was famous for this in 2008/2009. I think this time, we know, and they know we know, so their answer is not to gaslight anylonger, but rather do the one thing they've never done. Give a straight answer. Most people won't likely believe it, especially the buy the dip crowd in the markets.
This is a time I believe we should take this at face value. People are feeling it, no doubt. I do chart, and what I see within, let's just say that the only ones excited, are the ones wanting to shorting the market. For those still pumping, follow the money. If it's not ignorance, are they being compensated to say what they're saying. DYODD.
Always consider the source. Be mindful when following anyone that makes moneys on subscriptions, selling or promoting a product, advertisements, perhaps as part of a wage, or any combination of financial payment. You always want to consider who's potentially bought, versus those that are only offering information, without any gain.
$XXX,XXX in credit lines.
Multiple months in free credit reward vacations.
$X,XXX in bank rewards in only 12 months.
I like FREE...
800+ FICO.
Making all numbers dance on a financial ledger.
Abuse that score responsibility.
Take nothing I say as financial advice. DYODD.
