There's a Crash Coming...
The market dropped yesterday and that trend will not change. Stocks and Cryptos are both down due to one decision: the Fed raising rates.
Why? Well, when the Government spends trillions without adjusting for debt you get rampant inflation. Combine this with the Fed injecting trillions through quantitative easing and you get the worst inflation in 50 years. By raising the rate and buying back some of their debt they injected, inflation will crash. The issue is so will 401k's and investments.
If they do not raise rates, inflation continues to increase but your 401k is saved. What is more frustrating is this was predicted to happen by anyone who has take a high school economics class. Our economy is hanging on by a thread for some and others are ready to scoop it all up. Just make sure you're buying.
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