If the Fed's rate policy doesn't crush growth, the labor market stays strong, and inflation continues to cool,
then the economy can avoid a recession, Cox said.
Should this transpire, that would mean the market already reached its low in October 2022
and a bull market is already underway, she explained.
I heard the same in 2007 - then in 2008 all these 'experts' tried to claim 'no one could see it coming' - yep, I did, on THIS board..many now claim they did, um, I was there, its
similar to now that's all i'll say.
I like to say 'Logic swims in a pool of assumptions' - the faulty assumption made here, is to believe 'economy' is the same economy as history (2008 should have woke them up it isn't but CB used QE to fool them),
This is NOT same 'economy' - it wasn't by 2007, and it definitely isn't now - it's closer to a computer simulation economy if u understand it.
This means, using economic data will, like 2007, not work because its a DERIVITIVE of the simulation economy - downstream, after the fact ...backward looking if you like.
Put it simply - the FED run the economy like a simulation via QE/QT and other mechanisms, and that dominates the 'real economy', at least until we reach 'price equilibrium' - which if far off ...there can be some delay as now,
but I don't believe it can be stopped - this are known as 'virtuous and vicious cycles' - unless FED annoucement another 6 trillion QE ...we are going to roll over in 2023, as I say its math ...but we are in a predictable pause
right now I went over in October.
The FEd in my view are following a plan to begin the financial reset, which, as laid out a year ago means forcing rates higher (by inaction during 2021) - and they will continue to force overshoot as part of that objective, using
the cover of 'inflation' they created by 6 trillion QE and inaction in 2021.
Edited by EntropyModel, 16 January 2023 - 04:50 PM.
Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data.
I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'.
Market Comments https://markdavidson.substack.com/?utm_source=substack&utm_medium=email