Yes. And I think it's not just a cure. I think it imparts information.
>What is the keystone to put a bow on it?
First thing I thought was the Fed.
Searched for Fed and Keystone and found this. I haven't seen it posted before.
The Keystone Speculatorā¢
ā¦Every analyst on Wall Street calls for more new all-time record highs above 3250 in 2020 except for SocGen, UBS and Keystone.
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Donāt worry, the US will probably morph into a socialism-light nation a decade or two from now after a lengthy and violent class war occurs trigged by the recession that is on our doorstep. The wealthy elite class, that controls the rigged phony capitalism system, simply became too greedy. All ismās be it socialism, communism, fascism or even capitalism fail after about 200 to 250 years so America is overdue for a change. Capitalism failed in America for two simple reasons; human greed and non-transparency. Itās not rocket science. The United States is best described as a āfaux free market crony capitalismā financial system. The truth hurts. It is tragic and disappointing that the upper middle and wealthy elite classes (30 million people) sold out their fellow Americans (300 million people) over the last five decades. Payback will be a bitch.
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Another reason Keystone is more negative than other analysts is due to the mountain of buybacks (stock repurchase programs) that took place over the last decade. This sick financial engineering will expose the stock market as being far more overvalued than anyone realizes. After the big crash that occurs this year, people will look back and opine about how they were so stupid to not realize that the steady trend higher in earnings in recent years was due to financial engineering and not true fundamentals such as growing demand for products or services.
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So a big drop will occur in H1 with the SPX bottoming around 2750-2850 in May or early June. The Federal Reserve will ride to the rescue once again, reversing its projected path of staying on hold in an election year, and cutting rates like mad since things will be going wrong all over the place. The company firings and layoffs will be ramping up significantly. The SPX will then launch higher on the easy money as usual, say to 2900-3000, but as everyone realizes the Fed is the Wizard of Oz, a clueless phony behind the curtain pulling levers, and the SPX is unable to move higher, all hope is lost, traders will exclaim that Chairman Powell does not know what he is doing, the Fed is out of ammunition, and then the H2 ugliness will kick into gear.
Plus lots more. See link.
https://thekeystonespeculator.blogspot.com/p/2020-predictions.html