Category: Economy

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Economy: 2018 vs 2023 Fed Outlook

On September 26, 2018, just before the Dow and S&P500 peaked on October 3, 2018 Jerome Powell said, “The economy is strong.” This was followed by a 19% decline in the S&P500 and a 24% decline in the Dow. On May 3, 2023 Jerome Powell said “The U.S. banking system is sound and resilient.” Another collapse is expected.

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  • FOMC Press Conference – Sept. 26, 2018

  • FOMC Press Conference, May 3, 2023

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Economy: Global Project

A series of documented global project events were initiated between 2020 and 2023 that will require reimbursement beyond $12.5 trillion to financiers in the form of a market collapse that is expected to occur in 2023.

Project Scope:
Initiate public/private partnerships necessary during the response to a severe pandemic in order to diminish large-scale economic and societal consequences. Monitor the effects of a coronavirus passing to humans with “no possibility of a vaccine being available in the first year”. (Derived from Event 201)

Project Schedule:
This project schedule was initiated on January 1, 2020 when Xinhua News reported the Huanan Seafood Market was closed on 1 January 2020 for cleaning and disinfection. This project will be complete when the Public Health Emergency expires on May 11, 2023.

Project Cost:
IMF sees pandemic cost rising beyond $12.5 trillion estimate by 2024.

Payment must be made with a market collapse in 2023.

Engrbytrade™ calculations to date support the expectation of a decline in 2023.

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