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/biz/ - Business & Finance

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>> No.55888149 [View]
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55888149

>>55888103
Oh and also, I just went and visited my parents who lives in the Midwest. Apparently small regional banks are preventing their clients to withdraw large sums of cash, and advising them to call in 5 days before the withdrawal because that's how long it takes for them to order it from Treasury. Last quarter's inflation data is out and the quantitative tightening is in progress, pointing towards a deflation in the coming months. This is not bullish. In order for stocks to keep going up, inflation is needed for the pump.
If you want the market to really crash and the stock market to bottom out, make everyone you know panic and withdraw all their cash from their banks.

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