Wtf is a ‘Friendly’ Trend?

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by 1two3Fore

Is CNBC over here trying to suggest that the channel between 2009 and 2024 is “nice?” Or are they trying to say these are the “normal” and “expected”resistance and support levels of the SP500?

See also  November's layoff trend is alarming. The labor market shows clear signs of contraction.

This is a perfect chart demonstrating what “growth” will look like moving forward, assuming 1 important underlying factor:

QE and low interests rates!

See also  If this trend continues, it will turn out that August and October saw JOB LOSSES. Hiring fell sharply before summer and never came back, all of that leading up to the holidays. ADP October payrolls revised down.

I guess endlessly printing $$, bailing out corporations, and keeping corporate taxes near $0 is quite “Friendly.”