Tuesday, March 11, 2025
idiots on wall street can't handle or explain this 10% drop in S&P; 15% in Nasdaq
This goes from Jeremy Siegel, the professor to Jim Cramer, the comedian who have no idea, or they can't explain why this drop occurred .. because they only know that market goes up .. they can't handle or explain market going down .. on top of that it's easy to blame President Trump for everything and none of these idiots is thinking about the country and the $36T debt .. Valuations have direct correlation with money supply, and as Govt size is reduced so does the govt expenses means less US debt [in future] is like sucking air out of the bubble - hence market goes down ..!
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NFP 162K .. higher than expected ...
But not enough for a rate hike ..!
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because inflation is a monetary phenomenon .. it rises in proportion to the money supply (mostly reckless spending by congress) or a reducti...
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as Fed have been raising Federal rates (short-term) this year, market has been dropping long-term rates since Jun 15th anticipating downturn...
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And GooG issues new stock to generate $80B to invest in AI buildup .. now that's smart .. but who's?
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