Stocks And Precious Metals Charts - Third Quarter GDP Tomorrow
Stocks reached for those new highs again today, and flopped back down into the red, or at best unchanged in the case of the big cap, new era tech stocks.
I suspect stocks are priced for perfection, and the GDP number tomorrow has them a bit edgy.
After all, the basis of this bull market bubble is a ponzi scheme fueled by easy money.
And when the music stops, there will be a rush to the exits.
Gold and silver were up a bit.
The Dollar was down a bit.
From my perspective, the new Bitcoin ETF is analogous to shooting gerbils out of a cannon during the last tech bubble.
You know, the one before the housing bubble.
I wonder what we should call this latest bubble?
Have a pleasant evening.
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Disclaimer: These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from ...
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