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Rebel Capitalist News

News: Is the Market Heading for a CrackUp Boom? (What Happens Next?)

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 16 May 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom.✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/   ✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro   ✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

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0:00.0

Hello for the Robocapagos, hope you're well. Big news today, the stock market has hit all-time eyes.

0:08.0

The question is, are we heading into a crack up boom?

0:14.4

Well, the stock market just keep going higher and higher and higher

0:18.0

until we hit this blow off top.

0:20.6

We'll continue to go higher and higher and higher

0:22.4

as a result of consumer price

0:24.0

inflation or is the yield curve correct and predicting that there's going to be

0:29.9

some storm clouds coming our way and we could see a huge crash. Let's dive into the

0:36.3

data and then try to connect some dots. First and foremost we go over screen share

0:41.8

and let's go to see NBC and I well actually you know

0:46.9

before we do that let's go over to the home page and you can see just the

0:52.2

euphoria right here these guys like high-fiving each other and

0:56.8

down that was a little change every briefly topping 40,000 for the first time ever.

1:03.5

I'm gonna scroll through social media,

1:05.2

this is all you see, just people, yeah, excited,

1:08.0

high fives, all right, let's YOLO, let's go all in.

1:12.4

The good times are here and they're only going to get better, or will they?

1:16.2

Why has the stock market hit all-time highs?

1:20.7

Well, you guys know from watching my videos we're in this phase of the cycle where bad news is good news.

1:30.0

Why is bad news good news? That makes no sense because the worse the news to a certain point that's key. It means the Fed is going to lower interest rates and the the participants, especially the retail investors in the stock market,

1:45.6

I shouldn't just say retail, it's pretty much all of them. You throw a lot of the quote-unquote

1:49.5

experts in there as well. They have this Pavlovian response. Now whether it's right or wrong,

...

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