Bubble Burst? NASDAQ, WTI Crude Futures And Bitcoin All DOWN On Opening (Europe Stoxx Down 3.20%)

Confounded Interest ^ | 01/24/2022 | Anthony B. Sanders

[Browns Ultra Fan]

Is this the bubble burst many were expecting once The Federal Reserve starting raising rates?

Well, if today’s market opening is an indication, the answer is yes. The NASDAQ Composite Index is down 1.36% and West Texas Intermediate Crude Oil futures prices are down 2%.

But if you think the US equities are deflating, look at European equities. The Euro Stoxx 50 index is down 3.20%.

Is this a Don Ho “Tiny Bubble” burst? Or a slow deflation of asset prices as The Fed removes its stimulus?

[Browns Ultra Fan]

Biden rattling war saber over Ukraine? Something to distract from his terrible record so far.

[butlerweave]

Joe wants to add Surrender Hero to his disaster record

[rellic]

Everything is OVERPRICED!
I hope it all crashes and it will.

[Diogenesis]

one part incompetence of the FED,

one part ChinaVirus and CCP-DC Treason,

and one part sine qua non for the quantum RESET.

[JoSixChip]

The correction is coming, it’s only a matter of when. I expect the DOW will still be over priced at 25k, NASDAQ under 10k and the S&P under 3500. This may be it, or not. The problem is people are stupid, hard to fix that. A hard lesson is coming.

[CatOwner]

Whatever happens, whether the stock markets go up or drop, our bond mutual funds will get whacked. So much for stability.

[JonPreston]

And a special thanks to the Washington DC Political class for installing Demented Joe as our nation’s Resident.

[qam1]

Beware of Wednesday

There’s been A Black Monday, A Black Thursday and two Black Tuesdays & Fridays each.

There’s never been a Black Wednesday, so it’s due.

[babble-on]

My Bitcoin will save me, because of how stable it is. Hedge against market craziness. .... Let me just make sure, I haven’t pulled it up in few weeks......... NOOOOOOOOOOOOO

[Nathan _in_Arkansas]

We were already overdue for a correction by 10 years in my opinion. Now, the incompetence of the Biden administration coupled with the Fed being caught with no more ability to create funny money, the piper is about to get paid.

I think it’s going to get rough for a while. But, this could destroy the Democrat party (at least the leftists that caused this mess) and be better for America as a whole as we shift further right as an electorate.

[cuban leaf]

Well, unless the FED buys dollars back,when money leaves one place it pops up somewhere else. I thought for a while that Bitcoin may be one of the things that suppressing the price of gold and silver. I don’t know. I’m just musing.

[1Old Pro]

Let’s Go Brandon. The worst mistake in modern American History.

[Teacher317]

The correction is coming

Ummm, I'll just put this right here:

Jan 4, 2022
DJIA : 36,799
NASDAQ: 15,832
S&P500: 4,796

JAN 24, 2022

DJIA : 33,648 Down 3,151, or 8.5%
NASDAQ: 13,452 Down 2,380, or 15%
S&P500: 4,311 Down 485, or 10%

All in less than 3 weeks. 10% in a year is a "correction".

[Leaning Right]

If things really do unravel, the only safe haven investment-wise will high-grade money market funds. But here’s the thing with stocks. It’s easy to know when to get out. It’s tough to know when to get back in.

Many folks who dodge stock declines also miss stock run-ups As for me, I’m 100% invested in chocolate Bitcoin. So I win either way.

[desertfreedom765]

Some of you folks seem to be rooting for an economic depression.

As if the country doesn’t have enough problems as it is.

Plus we have an idiot in charge.

[Starboard]

I hope it all crashes and it will.

************

Be careful what you ask for. The crash in ‘08 was an unravelling that came very close to taking down the entire economy. We came within hours of economic disaster.

Trust me, you don’t want to see a hard crash. It will mean great hardship for everyone.

[BiglyCommentary]

BrandoApocalypse is commencing. Batten down the hatches.

[SaveFerris]

Some of us think he’s accelerating its arrival...

[JoSixChip]

Holly crap! it’s still going down big this morning. I thought that would only happen after I got into the market. Oh well, I’m sure my bond funds will be safe. /s

[Vermont Lt]

Inflation, supply chain, and the price of oil. The price of oil has emboldened Putin and he thinks he can afford to take Ukraine east of the Don.

Plus the impact of COVID restrictions on GDP and food supplies are spooking the market. THAT is going to be short lived—but you know the media...everything is hyperbole these days.