A Top in the S&P500?

[errolanderson]

NASDAQ: Could AI fallout rival Dot.com crash of 2000? Similarities.

[jazz]

In 1999 and 2008, the stock market had a blow off top before a nasty crash ensued. That’s what we are probably headed toward but more likely Octoberish or early 2025.

I just saw the stats on govt debt and debt servicing in the US. Not sustainable and when the printer is finally reigned in, that will be the day of reckoning, but nothing saying they can’t start it up again and extend and pretend for another 5 yrs.

[errolanderson]

Estimated $1 trillion loss in equity markets today.

Fed Powell indicating U.S. rate cuts potentially quickly.

This horse already a long ways out of this corral . . . .

[errolanderson]

HEADS-UP: Japan equities tanking pressuring global commodities. U.S. unannounced recession deepens as unemployment rising. Fed needs to cut rates ASAP, but already too late (IMO).

Errol’s Commodity Wire podcast

[wheatking16]

We could be entering a Risk-Off environment.