The December month is usually quiet, but there are Market cracks and signs of trouble ahead. The central banks are trying to convince investors that lower rates is good, but it’s all smoke and mirror. McDonald is extending their 5$ happy meal for a reason: The consumer is tapped out.
China is still delating no matter how much money, Bonds buy back and other schemes the Chinese government comes up with.
Why are prices still so high? Because coporation are greedy and do price gauging!
Equity Markets are in extreme bubble territory!
I said that European Stocks would probably rebound at the support line. CHECKED!
I said that buying Bonds was not a good idea except for short term trades. CHECKED!
This 3 days drop was fast.
I said that Gold was topping and about to reverse. ALMOST THERE!
It gave one more quick based on the news that China was resuming its gold buying.
Coming soon: the Year end review. Stay Tuned!
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Although the stock are floating up there, not is all so good under the hood. And no amount of rate cut will save the Markets. 2025 will be a bumpy ride.
Real Estate is on a marjor support again! Will it finally break through?
Well it broke the moving average so that’s not good.
Enjoy the Holidays period!