Wow, just noticed that Gold spiked to $2150, a new ATH.
Those sitting on cash are waking up to the reality that they are going backwards!
Is the market pricing in rate cuts next year, or are they being manipulated to help justify the need to further increase rates…
Something is going to happen next year that will force the Fed's hand to start lowering rates. (A war in Taiwan? Major terrorist attack? RE and Banking sector meltdown? Who knows, but it'll just be a cover story)
When this starts to happen, the leftover 1 trillion $ from the Fed's RRO will begin moving out, looking for a better return elsewhere. It's already been draining fast since June, down from 2 trillion $.
If the market begins to crash, Wall Street will take all that money and massively short the market, looking to scoop up more cheap shares.
Wall Street already knows all this is coming (insider knowledge), they are just front running it now.