Bull Pennant/Flag are firmly pointed towards 2008 levels.
Question for the next 3-6 months will be how high can interest rates go before the massive amounts of debt becomes unserviceable.
The Bear sentiment will quickly return when the FED has no choice but to continue aggressive rate hikes into 2023.
Question for the next 3-6 months will be how high can interest rates go before the massive amounts of debt becomes unserviceable.
The Bear sentiment will quickly return when the FED has no choice but to continue aggressive rate hikes into 2023.
