SNAPSHOT of NASDAQ - LONG TERM VIEW
Nasdaq, historically speaking, is at an epic buying point.
Bullish Case: Should we see a pivot from the FED back to QE or some form of UBI checks sooner than markets are expecting, we could see reckless spending flock back into growth stocks.
OR
- If data shows a local top in inflation, the buy-the-dip crew is coming in HOT.
Bearish Case: Powell thinks he's got a little Volker in him, and keeps taking this thing down deflationary trying to break inflation. Eventually something breaks (no shot he catches up 75bps at a time) - probably bond markets, maybe housing goes no bid. who knows - but something will break.
OR
- U.S. debt/GDP is well over 100%, and if we do pivot back to QE, inflation roars, and people lose faith in the currency, then things could get extremely disorderly. The time to pay the piper for a decade a half of insanely expansive monetary policy may be upon us. And it ain't gonna be pretty.
Bullish Case: Should we see a pivot from the FED back to QE or some form of UBI checks sooner than markets are expecting, we could see reckless spending flock back into growth stocks.
OR
- If data shows a local top in inflation, the buy-the-dip crew is coming in HOT.
Bearish Case: Powell thinks he's got a little Volker in him, and keeps taking this thing down deflationary trying to break inflation. Eventually something breaks (no shot he catches up 75bps at a time) - probably bond markets, maybe housing goes no bid. who knows - but something will break.
OR
- U.S. debt/GDP is well over 100%, and if we do pivot back to QE, inflation roars, and people lose faith in the currency, then things could get extremely disorderly. The time to pay the piper for a decade a half of insanely expansive monetary policy may be upon us. And it ain't gonna be pretty.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.