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Tech stocks are mired in their longest weekly losing streak since dot-com bust
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The US Fed and Wallstreet are preparing for a full market crash and they want to convince you to just take the pain.
There have been plenty of of analysts and investors calling out economic problems for the last year, fed spending and the synthetic increase of average yearly growth of the market over the last 2 years. The fed conspired with Wallstreet to become a money printer after large scale institutions and investors caused the coronavirus crash in 2020. After companies have gotten all of their tax breaks and cash payments for keeping people on staff and operating under these circumstances the fed and Wallstreet have created a situation which will be another burst bubble soon enough. They coordinated to re-distribute wealth and steal it from the middle and lower classes to create instability which they could use to control us. Now they are telling people not to take their money out of the market while the richest have already created a ~20% drop within the last 6 months. They will continue to project doubt about the coming recession or further losses while the rich can continue to exit safely. They're preparing to rob people again in a grand scale rug pull.
This isn't particularly profound considering how much we've lost this year so far and it's already a little late to do something about this, if most people reasonably can. This possibly won't be another full crash, but the market almost doubled between the 2020 crash and its peak late last year. It took 4 years in the last crash to recover to where it had been prior compared to this most recent crash, and then grew ~4x faster than its normal average yearly growth in 2021. This was entirely because of the fed under Trump and Biden's watch. It's a classic two party fuck fest of the American people which they divided us on so we wouldn't be unified in our concern for our own safety. Prepare for years of recession and a bear market ahead, or a full crash so they can just rip the band aid off.
Question any mouthpiece who may tell you to continue to average into this market, that you shouldn't keep cash on the sideline, or that you shouldn't be reducing your market exposure. Make your own financial decisions and seek advice from CFA's if you don't know what you're doing, but there seems to be a lot of effort from news sources and Wallstreet right now to have average people prop up the market while major investors are pulling back. Don't trust when they go this hard on telling us not to be worried.
EDIT: Another side theory is that they're also deliberately trying to destabilize crypto coins. There's a whole conspiracy theory about how Terra/Luna was deliberately and maliciously crashed. Someone dumped a huge amount even at a loss to send it into a death spiral.
Elon Musk is not the savior of humanity
More and more twitter screenshots are reaching the top of this sub in support of Musk, and the reasons to be critical of his influence are being cast aside. Don't let recent events fool you. Don't forget he didn't earn his fortune. Don't forget he wants to put a read/write device in everyone's brain, and to envelop the entire Earth in a system of surveillance and control. Don't forget he is a young global leader and puppet of the WEF.
At all costs, we cannot let their vision for the future of humanity come true: https://youtu.be/rsCul1sp4hQ
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