Moment of truth, stocks sell off.
Extremely strong down day in almost everything today. I expected this day to come soon when the market started to buckle after the last interest rate hike. This is only the beginning! If the market pauses at all I think the reason would be one of these two things:
- Fed reversing policy back to 0%
- Big Trump trade deal announcement with China
I have been taking pretty aggressive short positions the last few weeks in anticipation of this. One of my favorite people to listen to is Peter Schiff. He just let out a great video about this very subject that I think nails the exact truth of what is going on here.
If you have not insulated yourself yet from a potential MUCH larger stock market correction, do so now.
Thanks for reading,
-Icee
Please leave me an upvote and remember this is not trading advice.
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