Business

Stockmarket Down But Be Positive Inflation Shoots Up

NEW YORK - USA - The stockmarket is falling while inflation is shooting up, that's a double hit in the cojones.

The Dow may have dropped 1,500 from a high of 26k, but look on the bright side folks, inflation is rising at an astronomical level.

What that means is everything just keeps getting more expensive. Your credit cards, mortgages and all the other shit created by bankers to siphon off money from your wallets at ridiculously high rates.

Will we see further drops in the stockmarket? Ah, it’ll go sideways here for awhile, consolidation, then up a teeny bit, but mostly down from now on.

Don’t blame Trump, this is cyclical, and cannot be controlled.

We wrote about the bubble popping awhile ago, last year to be precise, and here we are.

The Dow dropping 1,600 points is a drop in the ocean though when the market falls 60% then there will be cause for concern.

How can you tell where the bottom is? That’s a hard one, almost like trying to find the highest high, but the lowest low will be the place where buying interest starts again. At the moment the stockmarket is so overbought that there is no intrinsic link to reality in the economy. Corrections are a natural phase.

There may be acceleration in momentum on the downside, if this occurs, don’t bother phoning the broker, the phone will be off the hook. Just gently put your head between your legs and kiss your stocks goodbye.

Sit back, break out the Schlitz, dip in the popcorn, and fucking relax…but only if you sold everything like yesterday.

Do you value freedom?

SUPPORT THE DAILY SQUIB We fight for freedom, justice, satire and coffee.
  • First they came for the Satirists
  • And I did not speak out
  • Then they came for the...
  • Disqus Comments Loading...
    Share
    Published by

    Recent Posts

    Homeless Fergie Found Under Waterloo Bridge

    LONDON - England - Yes, you guessed correctly. It's under Waterloo Bridge for the former…

    18 hours ago

    Prince Andrew: “Why is it just the Brits in the Epstein files?”

    DUBAI - UAE - Prince Andrew decries why the Epstein files mainly focus on the…

    1 day ago

    Why I had to dump the “Jonah” Commissar Reeves from the China begging trip

    BEIJING - China - Comrade Starmer explains why he dumped "Jonah" Commissar Reeves from the…

    2 days ago

    Comrade Starmer Visiting Communist Comrades in China

    BEIJING - China - Comrade Starmer is on a visit to the communist country as…

    4 days ago

    Open Borders Socialist Spain Fast Tracks Half a Million Illegal Migrants Coming to UK

    MADRID - Spain - The far-leftist socialist government has fast-tracked citizenship for over half a…

    5 days ago

    Socialist Tory Party Disgusted as Conservative Defects to Brigand Bandit Group

    LONDON - England - Comrade Badenoch of the Socialist Tory Party is very angry that…

    6 days ago

    This website uses cookies.