One thing you can count on in 2024; expect market distortions to get much worse from here.
Expect Things To Get Much Worse
May 7 – Gregory Mannarino, writing for the Trends Journal: MMRI, Mannarino Market Risk Indicator, has highlighted concerning trends in the market. The MMRI hit an all-time high of 329.2 back in 2023, leading to significant losses in the major stock market averages. As the MMRI recently crossed into extreme risk territory, the Federal Reserve hinted at rate cuts and easy money policies to come. Despite expectations for rate cuts, rising inflation continues to challenge the Fed’s projections. With anticipated rate cuts on the horizon, distortions in asset prices are expected to persist, inflating an already hyper-bubble state in the stock market and leading to currency devaluation.
The probability of a June rate cut sits at 30 percent, with increasing likelihoods for cuts in the following months. In light of these factors, investors should brace for ongoing market volatility and uncertainties as the Fed’s actions impact various asset classes and purchasing power. The upcoming expansion of debt is poised to further elevate the stock market bubble and exacerbate existing economic challenges.
Experts like Nomi Prins and Alasdair Macleod have provided insights into the gold and silver markets, shedding light on potential future trends and surprises. As global economic conditions evolve, concerns regarding hyperinflation and market stability persist, prompting investors to stay vigilant and informed amidst turbulent times ahead.
