원문 보기
the markets took a lot of aspirins today but they will wear off tomorrow and the headaches should return Dow should finish below 20,000 tomorrow unless they are given more aspirins eventually though all that aspirin will create an ulcer legendary investor Jim Rogers warns that the next time we are going to have a financial problem it's going to be the worst and right now it appears we are headed toward the worst financial crisis of our lifetimes and we will know in a few months however Rodgers noted the reason behind such market mayhem is not just the virus it is certainly much more than that the Fed created the three largest mega bubbles in history in housing bonds and equities one is exploding the others are not far behind with millions now unemployed billions in delinquent car loans and credit card interest rates at astronomic highs it won't be long they should just print infinity dollars and say the Dow rose to infinity and we're all rich that would solve everything it's always the same outcome bankers bailing out themselves in the total mess they created witness in action our government of Wall Street bankers by Wall Street bankers for Wall Street bankers no matter whom the people elect you always get JP Morgan and Goldman Sachs in charge the going on is unbelievable all to save massively overpriced assets all the talk of helicopter money to save the economy is insane what good will give people who would have never made money in the first place a giant wad of cash they'll blow it on garbage like some did with their katrina cards the only money given out should be the money stolen from working americans whatever was stolen in payroll taxes should be given back for one year Warren and the rest of the oligarchs who pay nothing in payroll taxes can eat their dicks this is the reset welcome to the brave new world welcome back to the Atlantis report please take some time to subscribe to my backup channels I do upload videos there too on a daily basis you'll find the links in the description box you will also find a PayPal link if you want to make a donation thank you now perhaps it should be clearer this crisis will in all probability be more serious than all those experienced so far including the Lehman crisis more serious because its nature is different it is not a shock from fundamentalist aggression to the West remember September 11 and not even from financial contagion like the financial crisis drugged by the subprime of 2008-2009 this is a crisis of global economic paralysis of interruption it is not known how long of the vital organs of the corpus economicus and it is not resolved by flooding the system with liquidity or by loosening the leverage of interest rates even more it is not a shock of demand but it will be a shock on the supply side with chained repercussions on all the world production chains that will amplify each other more than the stock market the real economy is the real problem rather than looking and being surprised by the collapses of the stock exchanges we should look at the underlying to the real economy which is the real volna Severna no far in its planetary dimensions the data of the Chinese economy brought out yesterday should be enough to understand the extent of the crisis in just two months of the epidemic industrial production fell by 13.5 percent down retail sales by 20 percent and even more limited investments as obvious at this point are the peak investments of 24 percent that script will replicate around the world with the economy's collapsing everywhere perhaps here is the explanation for the fact that despite the drastic measures taken by the Fed on Sunday evening to bring zero interest rates at once and to re-engage in post Lehman like buyback policies the stock market reacted by deepening the falls rather than mitigate them the market is well aware that in the face of a protracted infarction of the global economy central banks have little room for maneuver having among other things spent many of the cartridges in the last decade of monetary policy which has never been so expansive liquidity alone is not enough even if you throw the money from above with the helicopter it will not end up in a circle but will remain confined to bank accounts and deposits no real transmission of liquidity to the productive economy and then more money to spend on doing what if you can't move work or spend and especially if goods and services are not available investment bank analysts around the world are refining their forecasts that the world will go into recession in 2020 is now obvious still no one can predict how intense and prolonged it will be but the signals from the various businesses are eloquent in the front line that carriers tourism then to follow the car industry the luxury the energy impacted by the collapse of crude oil and finally the banks that will see revenues profits and bad debts increase Peak turnover everywhere recent served research foresees two scenarios in the best case if the epidemic in Italy ended in May the loss of turnover of the Italian industrial system would be around 275 billion euros in the most dramatic scenario with a war economy lasting all 2020 then the collapse would be over 600 billion in the two-year period 2020 2021 a shock equal to almost a third of the turnover of the Italian production system almost no company has been able to make predictions for 2020 among the Italians Ferragamo did it which said that if the current situation remained unchanged until the end of March a 25 to 30 percent loss of revenues is expected in the first quarter of 2020 on an annual basis a global look at the price lists giving by the UBS analysts who are now talking of the fastest bear market in history referring to the sudden and rapid drop in stock exchanges UBS analysts observed that since 1945 the most pronounced drop from the highs has been 34.5% applying it now the S&P 500 should find its lows around 2200 points yesterday it closed at 2386 another simulation predicts that against a 10% drop in profits and with a price earnings of 16 the balance value of the S&P 500 would be 2375 points but if corporate America sees profits fall by 30% this year as many already predict then the S&P 500 could continue to drop to 1,800 points the crash of the airline's the alarm launched by the airlines from British to lift to easyJet on the blocking of flights that is likely to last for a long time will impact on profits and therefore on prices on the stock exchange it is evident to see how much the carriers have already lost on the price lists IAG the holding company that controls the British Airways has lost more than 60% of its value since February 19 Lufthansa has almost halved the prices easyJet has left 60% on the field after the airline's the next shoe to drop is going to be the car industry another major sector that is heavily impacted as the car sector from FCA to Pujo to renault almost everyone has announced plant closings in europe on the stock exchange the result is that FCA has lost 40% of its value in less than a month Renault more than 50% Volkswagen minus 40% in so on and even the most resistant luxury has suffered the average fall in European fashion stocks has been 30 percent since mid-february defensive titles are not safe and not even the most defensive stocks like pharmaceuticals and utilities have shown resistance to the outbreak of the virus just to give an idea a title such as the Italian Turner which has increased the dividend policy operates in a monopoly with regulated tariffs and has a gross margin on revenues of 70% however falling from 6.7 euros by February 20th at 4.8 yesterday as you can see no one is saved on the stock exchange but the market is only the amplified mirror of the underlying economy and the signals it sends are that the generalized sell-off implies very gloomy prospects for the performance of the economies in the coming months this summarizes the picture that has never been so gloomy the current situation is also worsened by the fact so far that the spread of the virus has triggered simultaneous shocks unprecedented for demand supply and financial conditions the more the virus spreads the greater the number of economic sudden stops around the world and consequently the market will need more time to recover initially we hope that the recovery had a peak trajectory then you and potentially also L conditions could remain changed or even worsened for longer than initially estimated a simultaneous stop of supplies and a reduction in growth will necessarily translate into lower earnings and greater difficulties on the debt front the implication of these developments is that despite the drop in bond yields as financial conditions become increasingly restrictive for companies there will be a greater risk of default on the debt markets and the wave of buybacks which in the past has served to bring up the stock markets will stop abruptly this system is designed to benefit globalists government bureaucrats and aristocrats or in the usa old elite business money if anyone else thrives it is a byproduct of the aforementioned system the stock market has always been a market designed to benefit the people mentioned they will cleanse the system when they feel it needs to be cleansed as they have done with all previous market crashes until then you will continue to see those stocks do their magic for anyone outside the stock market elite that makes money count your lucky stars well if you didn't sell into strength today you're out of luck you will not see this price range again for a while tomorrow at the latest Thursday you will see an 18000 print a lil stall after that and the really big leg down it's pretty much baked into the cake at this point the Fed is actually being gracious to investors they're telling them to get out if they need mone and they're giving them ample opportunity every third day selling today will net any long equity holder 10% this week I would imagine there's going to be a lot of overnight sell orders hit in the morning absent Fed intervention we'd be at about 10,000 right now it's heading there anyway but they're doing their best to give retail all the chance they need to claim some badly needed cash right now the promise to keep the market open no matter what was real leadership and I'm impressed with the call Trump is starting to get back in sync with events this was the Atlantis report please like share subscribe and please take some time to subscribe to my backup channels I do upload videos there too on a daily basis you'll find the links in the description box you will also find a PayPal link if you want to make a donation thank you thank you
댓글 0