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I dont usually make predictions publicly like this but im almost certain tomorrow will be red...due to the market being upset that the fed cant reach its inflation targets until 2023..why is that you ask? Well it has to do with something called the velocity of money. The text book definition is “The velocity of money (or the velocity of circulation of money) is a measure of the number of times that the average unit of currency is used to purchase goods and services within a given time period” its at an all time low right now. It’s basically a measure of how effective printing money is. for example the stimulus checks were said to have a velocity of around 3.6 this means that they had 4,400 dollars worth of inflationary power..Now the Velocity is under 1.0......the money that they put into circulation by buying stocks and financial assests doesnt get spread around as much as it used to. due to the wealth gap being so large these days and Many other issues.. the Feds ability to create inflation is the lowest its ever been. i have attached the graph of the velocity of money the past could decades. the market is very upset about this. we need to have 2% this year not 2023 this just shows how effective the fed really is now...they need to stop buying financial assets Making the rich richer. They should do more stimulus checks(that had a 3.6 velocity) putting money directly into circulation but nah of course they wouldnt do that smh.....good luck tomorrow$TESLA $Genius Brands $SPDR® S&P 500 ETF Trust $Ideanomics Inc $XPRESSPA GROUP $Apple $IBIO $MicroVision $Nikola Corporation $Inovio Pharma $Remark Holdings $Eastman Kodak $Workhorse Group $Rocket Companies $Boeing $Alibaba $AMD
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phuc yu bulls. Almost blew up my account with puts. I need some short shorts now Phuc Yu 09/29/2020 18:11
I've never seen such an annoying pest in my whole life.SilverBoy 09/29/2020 18:09
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