“Market Crash Is Imminent…” – Michael Oliver
Michael Oliver is the founder of Momentum Structural Analysis.
Michael spoke about the economic weakness he is seeing in the markets, why he thinks there could be a crash, whether he has been surprised the FED hasn’t cut, monumental crash and more.
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CREDIT:
Michael Oliver (https://www.olivermsa.com)
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6 Comments
China is having many economic problems currently, watch out there
You need to be asset rich here, government is printing and devaluing. AI is eliminating over reliance on labour. Income inequality is exacerbated by over spending and picking winners
10 companies dominate the other 490 dont matter. AI will reduce labour cost 40 perfect over ten years with a 1-2 percent deflationary impact. Wage recession employment recession but economic recession no. Government over spend delays any real recession anytime soon.
Average working Americans are broke…if the stock market crashes…then there will be change. Let the rich start to suffer…
I suspect the the rich, well-connected, particularly Trump and his loyalist billionaire donors, will know in advance a crash is coming, and adjust accordingly. Average Americans won't know about it until after it sucker punches them.
The stock market doesn't care about datapoints anymore. It's only cares about if FED and the government will save the stock market or not if somethings goes wrong. So the stock market have transformed itself to become a pyramid game instead of a stock market.