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Tuesday, August 20, 2024

Market snaps back to new all time highs, just ahead of the DNC

 This blog is going to be wrapping up everything I've been predicting, about the market being window dressed, in order to help Biden/ Harris - going all the way back to Market Wrap-up May 2024 

 

One thing I can confirm is that everything I've blogged about over the past 2 years - about the market being dressed up in order to help Joe Biden look good, and Trump look stupid, seems to be set in stone. 

 President Joe Biden's campaign ripped presumptive Republican nominee Donald Trump after the Dow Jones Industrial Average hit a record 40,000. The Dow's milestone comes with Biden effectively tied nationally in the polls with Trump, as the former president faces trial in New York - May 16th 2024 CNBC

Yesterday Evening Joe Biden was seen taking another victory lap at the Democrat National Convention

 

Of course this not only explains why the market ran so fast after the election was stolen... but also why it has snapped back as quickly as it has, after last week's crash. I haven't seen a snap-back rally like this one, since the Flash Crash of 2010. It's truly historic!


I'm still predicting that Trump is going to be allowed to take office again, but only so that they can pull the rug on the global ponzi economy, on his watch. 

I summed up how I expect this to play out, in the following TwitterX mini blog: 






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