A global recession is on the horizon - please read OP for mod warning

I have worked on some of the set up of these beasts and know how they work. It is not all ETFs that are operating like a Ponzi scheme but the way the passive ETFs have been behaving in relation to the likes of the S&P and NASDAQ.

In summary, momentum and the ETFs themselves are driving their own performance as, when more money flows into ETFs they need to buy more of the underlying index being tracked which drives up the index and in turn drives up the performance of the ETFs tracking the index.

Here is a recent academic publication putting forward more arguments as to the behaviour of passive ETFs and how that behaviour is similar to ponzi schemes; https://arxiv.org/abs/2405.12768

Lots of data coming out flashing recession , odds rising and risk of imminence too.

John "The Black Knight" Doe says tis but a scratch m'lads!

Nothing to worry about. Buy that dip!! I would except all my funds are tied up in precious metals this 4 years. Yes, yes, waiting for the big kahuna. With my broken watch ..…🤑🚀😹

I think the Intel story is more a reflection of the shakeup underway with new entrants in the semi conductor chip market.

Ah you're back, what happened to your predictions, e.g. that something very serious would happen, what was it, last October?

Most of leixlip and celbridge are hoping that too. Would be devastating for Ireland if they were mass layoffs in Ireland. At their current dismal earnings their PE is 126, their 5 average ranges between 15-25, at 15 their share price would be 4 dollars. I really fear for peoples jobs in Leixlip, I hope I am totally wrong. Nearly 30% drop today and already in a brutal position I really can't see any way out for them bar a full scale chop up & sell off.

looks at threat start date…24 May 2022. 🤔 A lot has happened since then but we are still waiting on tenterhooks for the "big kahuna" to hit, in the long run we are all dead! 😁

Japan had it's biggest crash since 1997 today. God help all these countries without any resources if the middle east goes up in flames.

Intel back to 1995 levels, wow.

That summary is not right at all - at least for manufacturing it's not.

in the past intel fab never really competed with TSMC in the first place. Intel fab was almost entirely for internal customers (i.e intel itself).

Their manufacturing fell behind because they thought they could do sub 14nm designs in their fabs without using EUV machines from ASML. Intel's approach was much cheaper, but far more complex and they ran into constant issues which delayed all their advanced nodes by years, while TSMC just decided to pay up for EUV in the first place.

However they were never really competitors at all until Gelsinger decided to separate fab from main business and sell manufacturing capacity to external customers.

The real reason for Intel's decline is complacency in design versus AMD. AMD took age chunk of server market which is most profitable market, and Intel havent been able to get back. Add in the likes of Amazon and Microsoft making their own in house server processors too and it's all bad news for Intel

The cat has spoken, mass has been said, recession is coming within months, be prepared.

Put a date on it? Are you into astrology DohnJoe??

Many MSM financial commentators already likening it tk the cracks of 2008. We've already had the 2007 warning shots. Sure let's see. You say the only way is up and I say what goes up must come down. We'll see...

Me, I study cycles, trends and eventualities. Abre los ojos and, yes, buy gold.

Sure, here's some dates

"07-01-2023 7:07pm

Its far far worse than 2008. We're not just dealing with a stockmarket or property crash; we're facing a bond market meltdown leading to a hastening of the continued devaluation of currencies by central banks (who masquerade as fighting that which they create and can no longer control - - markets dictate the price of money now).

Buckle up, buckos."

And another one

"22-06-2023 11:15pm

Happy anniversary @Deub

You can wait for the roof to cave in (if you time it right, you might get out ok) but I will be perched on high (monster box upon monster box) watching your epic rearguard action.

Best to be positioned before SHTF. Yes its incoming. Even wet dream economy little old Ireland will get steamrolled.

Touch base with you again chap on the 22nd... August to be precise. BRICS+ conference.

Got gold? ;-)"

When trying to get other people to buy gold with financial doomsday stuff probably best not to put dates on stuff. Keep it vague and focus more on the 2008/1929/global meltdown/dollar collapse innuendo.

The Sahm rule has been triggered in the USA.

The Sahm rule says 

a recession is under way when the 3-month average of the unemployment rate jumps more than half a percentage point in a year.

Here is a comparison to 2001 and 2008:

https://econbrowser.com/archives/2024/08/three-episodes-of-the-sahm-rule-triggered