U.S. Stock Market SELLOFF One of the BIGGEST IN HISTORY! Wild Panic Like 2009!
The market fell. And then it fell some more. Eventually the DOW dropped 666 points. The average investor simply didn’t think it was possible. But these are market forces at work. Sometimes there are corrections. It happens. Those who are investing with margin, were really punished in the incident today. Are you prepared for more volatility?
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Sources Used in This Video:
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Dow plummets 665 points, capping worst week in 2 years
https://www.cnbc.com/2018/02/02/us-futures-move-lower-as-investors-worry-about-rising-yields.html
Effective Federal Funds Rate | FRED | St. Louis Fed
https://fred.stlouisfed.org/series/FEDFUNDS
Dow Plunges 666 Points as Rate Angst Sinks Bonds: Markets Wrap - Bloomberg
https://www.bloomberg.com/news/articles/2018-02-01/asia-stocks-to-slide-as-tech-stumbles-bonds-drop-markets-wrap
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S & P should hit 2700 before a slight bounce. At least that is what the technical analysis says.
We'll see!
In your opinion, what kind of impact will interest rates have on the stock market?
Sir, I believe you are absolutely right. Companies are using free money form central banks to buy their own stocks and rise the price in the process. Once they run out of free money, there will be blood. And I mean it literally, I see millions of people in the streets protesting the governments, across USA and western Europe especially
It will have to happen unfortunately. All major cities will burn.
Central bankers make their policy according to prof. Knut Wicksell's theory about interest rate - for us it is "pump and dump" model od economy:
https://mises.org/library/value-capital-and-rent-0
Of course, interest rates will demolish the economy, but they are a lagging indicator. Interest rates are only going up in response to inflation and a weak dollar. Thus why gold usually does well during rising interest rate cycles. People are buying gold as a hedge against the dollar, interest rate rises are just playing catch up.
It seems that dollar and US treasuries are waiting to go up because of giant sell off:
Thank you for the chart.