Wednesday, September 14, 2022

DON'T BUY THE DIP, BUY THE TRAIN WRECK!

 - OR .....WHICH IS STRONGER, STAGFLATION OR YOUR STOMACH


Today I heard someone say the title I used here....."DON'T BUY THE DIP, BUY THE TRAIN WRECK".....

The idea actually goes along well with the old saying: "DON'T FIGHT THE FED" because it was Jerome Powell that told us they FED was going to raise rates that they we would be feeling PAIN.

What is pain in this perspective, well it probably means job losses.....and along that path there will be the inflation stripping away purchasing power as we get there.

 Today's market prices seem to be increasing, but yesterday's market slide was pretty horrible after the much higher than expected declines. 

DEFENSE is the word of the day..... (SO: "Don't buy the dip....wait....then, buy the Train Wreck!")


0 Comments:

Post a Comment

<< Home