Mar. 16 at 9:35 AM
$SPY
By mid 2027 this will say
Negative 1%
Two back to back quarters of zero to negative GDP gets a recession named.
We only have a small amount of sectors holding up this house of cards now.
Debt/credit crisis is coming sooner than people realize.
$JPM
JPMorgan Chase CEO Jamie Dimon has warned that a credit crisis is likely, citing high risks from inflation, geopolitical tension, and commercial real estate, with potential for significant borrower defaults. He warned of "cockroaches" in the economy—hidden credit risks in private markets—resembling pre-2008 bank behaviors.
Don’t you know he sees the paper/loans?
$BRK.B
Why has Berkshire continued to build a fortress cash position on their balance sheet?
Bargains will be had… in time.
Prepare yourselves.
Stop drinking the Koolaid.
My call remains the same.
The Big Ugly hits in 2027.
They will continue propping things up through the mid term elections.
https://x.com/charliebilello/status/2033268215397200112?s=46