It's not over yet. Saw this on the horizon 2 months ago and posted #579350....
Watch the Nikkei these next few weeks & months. It could well spread. There's an anime called Jujutsu Kaisen (S2, E46) that has laid out a semi-fictional story on events. Predictive programming perhaps, given anime popularity in Japan. It mentions with detail that Japan is the first sign of cracks worldwide, showing in detail with charts the Nikkei to drop to 26,000. Currently the Nikkei is 38,403 so that would be ~40% drop in all equities there.
In such a scenario inflation of the Yen will accelerate as this spreads, which will prompt the Bank of Japan to sell even more U.S Treasury bills to defend their currency. That will in turn cause the Federal Reserve to start printing more dollars to buy back U.S T-Bills to defend the US dollar. This may cause in-fighting between countries to get more prevalent. And therefore we may see some distractions to mask all of this. Japan may be about to drag all other developed nations down with them.
Pretty crazy that an anime would call-out a Nikkei price target, on screen. Not that far-fetched though when you see the chart. There's a solid base at 26k.
I really don't see a panic based rate cut coming as they have other facilities in place to inject liquidity. But who knows? CB politics are a black box now
It's not over yet. Saw this on the horizon 2 months ago and posted #579350....
https://imgprxy.stacker.news/SGJ9N6p7qi45c3egQLd0is3IPlKWZwRu66SKieyBB98/rs:fit:2560:1440/aHR0cHM6Ly9wYnMudHdpbWcuY29tL21lZGlhL0dKdlhoeTBid0FBcjJvNz9mb3JtYXQ9anBnJm5hbWU9bGFyZ2U
Intervention is near.
Well hot damn, good catch!
Aren't "The Simpsons" notorious for calling out future events (like the above, possibly) before they occur?
Pretty crazy that an anime would call-out a Nikkei price target, on screen.
Not that far-fetched though when you see the chart. There's a solid base at 26k.
Possible. It will be interesting to see how long it takes for the BOJ to return rates to zero. Once that happens it might be off to the races.
Pretty ugly. Could be a nasty day for Wall St tomorrow.
That's what I've been saying all day to anyone who would listen.
Good news for sat stackers.
Yes it is. Ready for some smash buys. Tomorrow's open could be sweet
I have never sold any of my gold but if we get a really deep draw down. Say below 50k, I might be inclined to sell a little to buy even more bitcoin.
I still have a few Maple Leafs and sovs I may dump myself.
I won’t sell it all but a couple ounces just to spite Peter Schiff. Haha
Tomorrow my territory rents are due. If the price is in the 40s I might buy one.
I heard bitcoin was falling throughout the weekend, but the stocks are going to plummet on opening.
Looks that way.
We have nothing to worry about in the US. Joe and Janet have everything under control. 😀
They are both pro bitcoin now, right?
I wonder how many will make a killing, and how many will get wiped out?
My stock portfolio has dropped 39% in the past couple of weeks and I'm like "whatever".
7% doesn't sound like much, but I know that in certain contexts it is.
7% is a normal Monday for bitcoiners. Not for the fiat world
But the illiquidity of the system is frightening
Yes it is. How do you think this will play out?
Possibly an intermeeting Fed rate cut this week?
That's what Jeremy Siegel just called for on CNBC
I really don't see a panic based rate cut coming as they have other facilities in place to inject liquidity. But who knows? CB politics are a black box now
As dramatic as you were anticipating?
It's pretty ugly.
More things are going to fall and stumble before they get back on their feet.
The VIX has spiked to 65, first time since the 2020 Covid crash.
#635713
Taiwan suffers worst losses since 1967
most likely gonna wipe 2b liquidity in crypto
Who would have thought the JPY showing a slight sign of deflation and increasing against USD would blow up so many stonks, crazy crazy crazy
Black monday!
Closed -12℅
(We should be able to edit the titles in SN for things like this.)
Only 7 percent? What is all the fuss about?
What a rogue day! The next move is Indian markets today. Let's hope for the best.
Blood bath, but this is when fortunes are made.
Buckle up. Corrections are normal. Don’t buy the first bounce
London Bridge is falling down...
It seems that things are getting really ugly.
https://m.stacker.news/43649