US stock markets are an ATM since October 1st. Facebook is dead money since the summer.
ANONs I know it’s part of the plan but mom and pop are going to start getting worried if we continue the non stop selling.
Only 30-35% of NYSE is owned by US households
Large institutions are liquidating US stocks
The question is who is it?
BlackRock runs Saudi Arabia sovereign wealth fund. They have indicated they are unwinding US stocks. The other one that is dumping is the Norwegian sovereign wealth fund https://www.nbim.no/en/the-fund/
Who else?
This could get worse if US citizens begin selling.
Like a lot worse.
A crash would certainly create a panic
And the excuse will be the FED raising rates.
This would be a reason to abolish the FED
But it will create a MASSIVE panic
Next FOMC meeting is DEC. 18-19th, they will hike rates
https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm
If we keep selling into that date, you could have a waterfall event that afternoon. As they announce a 25bps hike. Market crashes.
Could be a miserable Christmas for your 401k and historically a higher 401k balance means you spend more
You spend more, companies make more money, stocks go up.
That’s about to happen in reverse, an Ourboros.