Now it's getting dangerous because a spiral has started! Oil price up => inflation => interest rates go up => recession => stock market crash 💣 I think we're in for a very uncomfortable time folks!
Last week was the most extreme rise in oil prices since 1982! Back then there was also a stock market crash and if it turns out stupidly, we will see the same thing again, only MUCH WORSE, because this time the AI fears are added and a madman is sitting in the White House!
If this scenario happens, then expect a crash of more than 70%!
Last week was the most extreme rise in oil prices since 1982! Back then there was also a stock market crash and if it turns out stupidly, we will see the same thing again, only MUCH WORSE, because this time the AI fears are added and a madman is sitting in the White House!
If this scenario happens, then expect a crash of more than 70%!
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@BavarianLion top if you're still young. Would be a great opportunity 🔥🤩
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•@Max095 Yes, definitely! That's why I'm holding back my money now, because I think a real horror scenario is realistic! And then I don't want to end up with empty pockets 😅 But to be clear, I'm not a fan of it happening as I described above, but I do think it's realistic 🤯
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@BavarianLion The madmen are in Tehran. And if there is finally someone who can rid the world of this plague, then I am prepared to accept a little turbulence in my portfolio.
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@BavarianLion Most extreme rise since 1982? Did you miss 2022? Oil was already at over 110$ in May/June 22 or over 140$ in July 2008. Then in 2008 it went down between 30-50%. I share your opinion that the oil price can trigger a spiral, but I think it's nonsense to talk about 70% or more.
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@BavarianLion Hmm even if 70% discount would be nice, I don't really believe it. Just because there was a crash back then doesn't mean the chances are similar/higher today. If that was the last massive rise in oil and it levels off, the impact will probably not be great. Nowadays, the economy is a bit more stable, so I think there must be more to come. The guys at $JPM, for example, also reckon that the probability of an oil-induced recession is currently <40%. Maybe a nice correction? Who knows :D But I think I might wait until March before making any further investments outside of the savings plans.
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•@Solitair I wonder what you'll say when the "turbulence" turns into a global recession and a subsequent stock market crash!
I certainly won't shed a tear for those idiots in Iran, but what we are seeing now could be the start of a major conflict, the effects of which cannot yet be predicted in any way!
I certainly won't shed a tear for those idiots in Iran, but what we are seeing now could be the start of a major conflict, the effects of which cannot yet be predicted in any way!
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@Stocktective I also wrote that I'm not a fan of it happening like this, but it COULD happen, as we don't know how much more fuel Trump will add to the fire (the pun was unintentional 😅)
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•@Zerax I wrote, the most extreme increase within ONE WEEK!
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@BavarianLion so tomorrow morning all-out and 100% cash quota ? :)
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•@Artiskon No way 😉 Now it's time to buckle up, put on your steel helmet and increase your savings plans!
We all know the saying: when there's blood on the streets, buy as much as you can 😜
We all know the saying: when there's blood on the streets, buy as much as you can 😜
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