I just thought it proper, now that it has been 30 days since my “Mark The Calendar” post and sticking with that theme, compare what has transpired since.
The charts below need no commentary. First the prior for the baseline. To wit:
Where we are today, again, to wit:
Just remember, the entire mainstream business/financial media was proclaiming this entire time that the above was basically off-the-table. Even the Clown Prince of Buzzer Banging himself had stated the day of the latest and largest selloff concerning inflation where it came in far higher than any of his ilk considered “The Fed may be winning against inflation…” Then, in a complete rebuke of both his thinking (as well as his months long declaring the same lunacy) the “markets” fell, hard. What a clown show, literally.
I believe, just as I did prior – this is only the beginning. As always, we shall see.
On another note…
Please be on alert over the coming weeks here on the website, for I’m getting ready to release my new format and more. The team is working on making available a new “Follow” for updates. So stay tuned and stay safe.
See you then.
© 2022 Mark St.Cyr
Note: This is not trading or investing advice of any sort. This commentary is for “big picture” discussion purposes only. Please read, or re-read the “About This Site” page for any questions or clarifications.