“Massive Correction Coming…” – Dave Collum
Dave Collum warns of structural fragilities in commercial real estate, student loans, and labor markets, while calling the current rally a “raging mania” driven by FOMO.
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CREDIT:
Dave Collum –
Twitter – https://twitter.com/davidbcollum?s=21…
Year in Review – https://peakprosperity.com/2022-year-…
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17 Comments
Market all borrowed money at this point
Not going to be pretty when it drops
Harry Dent, Jr. and Peter Schiff have been predicting a market crash for the last 20 years.
U, like a few morons, r being duped by the orange man. How often will he dupe u until u see reality.
The market will rise another 15 months. https://www.youtube.com/watch?v=sF6QVBMk4Ac
I will not be taking advice from a professor of organic chemistry. His opinion means no more than the mailman's.
I agree with the speaker, it's to early to know what Trump is trying to achieve. But what i do know, is it we as a country do not get our spending and trillions of debt under control the Ballon will pop and the pain for us all will be beyond devastation.
If the market crashes will solve the inflation problems
Nothing will happen unless AI bubble pops.
You and Trump are both idiots
The US government and the central bank are not going to let the market crash….wake up.
I think, as US citizens, who are rational and relatively enlightened we have a bias towards self criticism. It's so easy to find the faults, and flaws in our society. Dave's right. Everything is over bought, excessively over priced, and some kind of major correction/crash is coming, but just look at the rest of the world. The US still has the reputation of a skilled, but aging high class reliable prostitute. Look at capital flows. Capital is coming to the US in torrents, and large amounts don't have many options…..treasury securities, and the Dow Jones, and to a much lesser degree, gold. The party has a few more years to ramble on.
Cannot believe people voted for this nonsense. Been through this so many times before. You are not going to see the major effects of the tariffs and everything else for 12 months. It will get progressively worse. January 2026 will be terrible.
This guy was making a lot of sense to me, and I was generally agreeing with all his statements, until he went off the rails near the end when he talked about buying Platinum because of the demise of EVs and the rise of hybrids. On what planet does this guy live on? Because on planet earth, BEVs are growing at 25% per annum, and on planet Earth that is not called the demise of anything. HEVs while growing and replacing ICEVs, they will only be a stopgap for a short time because they are more costly having to have two different kinds of powertrains, etc. once battery tech and recharge networks and economy of scale very soon kicks in for BEVs, not only ICE sales will go down towards 0, but so will HEVs.
See Google AI in this regard:
Global electric vehicle sales are projected to rise significantly, with some forecasts expecting a 25% increase in plug-in vehicle sales in 2025 to 22 million units, reaching 24% market share globally. Hybrid sales are also rising, with the U.S. market share increasing from ~18% to 22% in the first quarter of 2025, though their growth rate projections vary more than BEVs, with one report forecasting a 20-25% YoY growth for the light vehicle segment and another a ~7% CAGR for the global hybrid market.
Chaos-NO–inability to manage and irresponsibility to plan because of his consummate need to lie first to justify his impotence
I voted the past 3 times for trump….so your a Dick…..
I am under no illusion about what is happening. The cupboards have been raided, and the only people that will benefit from it are the very wealthy. I agree that there will be a large correction.
I agree about a market correction. But 80%? 🤔