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RE: Dow Falls 666 Points on 33rd Day of the Year As Cryptocurrencies Crash And Krugman Emerges From His Van Down By The River
Rising oil price, falling USD and stock market ATH are ingredients for a perfect storm. When I see a double top on the Dow Jones chart I will open a leveraged short position (will be my first dept in years LOL).
Agreed! I have a theory that the media and commentators are focusing their efforts on the crypto rise so that they can keep focus off of the bubbles in their traditional markets like stocks, debt, and derivatives. However, their markets are in the hundreds of trillions of dollars in market cap vs the $500 billion in cryptos that are trying to bring value back to people and the community by way of more transparent and decentralized technology.