#040 Tom Thornton On Why We Might See True Capitulation In The Markets In 2023
The Julia La Roche Show
00:00
Is Capitulation Coming?
Don't expect any sort of cuts from the Fed next year. I think that what's going to happen is it's going to take a lot longer for the Fed to completely reverse and pivot. It may not be in 2023. That, I think, is going to wear people down. And capitulation is also when the buy the dip people just can't buy the dip anymore. They've moved on. I'm not trading anymore. I don't want to do this anymore. You know, they're creating even bigger problems. Well, the Fed's got a great history of fixing problems that they created and then creating even bigger Problems.
Transcript
Play full episode
