/biz/ - Business & Finance

>>50160120
There will be no "bottom" for at least the next few years.

They are going to up rates at .75% till they can't (in the US anyway) anymore, every month for the next year or so.. then when they give in and just accept inflation as a thing.. market will be fucked and crazy till rates start settling.

I am old enough to remember the 80s cluster fuck, the 90s, the 2001 crash, 2008 butfuckening.

the inflation is structural due to pretty much everything being outsourced to a failing state called China.

Until most of the basics (Steel, fertilizer, essential med / chems) get onshored to more stable countries (India, Australia etc) and Russia energy and resources are allowed back onto markets, shit will keep crashing.

Also Saudis are going to be forced to admit they are pretty much pumped out soon, which will make things crazier. This is why there is a massive push to decarbonize the economies of the world, while also trying to "cage the bear" as once the saudi's tap out, Russia is the next biggest producer of light sweet crude and LNG.

This will be a marathon, not a sprint.