The more I listen to Scott Bessent, the more I believe he's telling us exactly what they're about to do.
Let me explain.

Small cap growth chart looks like Aug 2018 & Nov 2020. Both scenarios are possible. A sharp drop before heading higher would add fuel to the fire.
Here's why. Everyone has forgotten Bessent is Commissioner of the IRS

He's been clear he's going to give every American a huge Apr tax refund. Massive $150B liquidity injection of $1,000 per worker + Trump's $2k tariffs checks

This will boost consumer confidence ahead of the summer months

I spent today doing a deep dive into the billionaire "Freedom City" project in Greenland and it's going to shock you what I've uncovered so far.

The city is envisioned as a low-regulation, techno-libertarian hub backed by figures like Peter Thiel (via Praxis), Marc Andreessen, Bill Gates, Jeff Bezos, and Sam Altman.

This project is an AI-driven data center project with aims to capture rare earth mining in Greenland. While exact details on land purchases for the city itself remain undisclosed in public sources, the initiatives are concentrated in southern Greenland, where the island's primary rare earth mineral deposits are located.

This includes sites like Kvanefjeld (also known as Kuannersuit) in the Kujalleq municipality, one of the world's largest untapped rare earth and uranium deposits.

https://x.com/FinanceLancelot/status/2010230856007528851

This push for President Trump to capture Greendland isn't a coincidence, the technogarchs have been planning this for years.

Locating the data centers in Greenland reduces annual AI cooling costs by at least 40%, while also gaining access to limitless geothermal energy.

Bill Gates and Jeff Bezos have both been investing heavily in private geothermal company Fervo Energy, capable of deep Earth geothermal capture.

Sam Altman has invested in Exowatt, a private thermal battery storage company capable of both extracting energy from extreme heat deposits and storage methods at 3000 °C

Yellen was questioned about China suddenly dumping $859B US treasuries due to war

Few understand the US has already been preparing for this event which is why they're restricting the Dollar supply by destroying crypto exchanges, raising rates & have $2.5T in Reverse Repo waiting

https://twitter.com/FinanceLancelot/status/1615553546635862017

By preparing for this event the US has effectively discouraged it from happening. US treasuries can only be sold for Dollars. A spike in Dollar demand would allow the US to print & buy all excess treasuries

China would then see borrowing costs skyrocket, destroying their economy

Fed has themselves in an uncomfortable position. The 2yr yield wants the Fed 2 lower rates

If they lower, oil & markets R primed 2 spike like 2007, postponing the recession 4 a yr. If they don't markets crash

So here we are, the Fed is saving markets before an election (again)

https://twitter.com/FinanceLancelot/status/1592456670583853056

Assuming Biden isn't resigning his team has 2 make a choice, do they try pushing the recession past 2024 or do they crash it now so recovery begins beforehand

Bush tried this & failed. Pushing it out means oil/inflation comes back this yr worse than before, a lose lose situation

So it looks like this rally is setting up to crush volatility again like Jan & Mar. Turns out May 16 was the start of this Powell pullback similar to Mar 15.

Depending on the rally strength, May 26 or Jun 6 is likely the bottom dates for VIX. Jun 6 would be a repeat of Jan & Mar

https://twitter.com/FinanceLancelot/status/1524489248669372416

Based on the volume levels & long-term trend 12400 could be the area where the Nasdaq's 2nd wave fails.

Most recessions/corrections have 2 repeat waves before the real collapse. Weird part is the 2nd wave typically last 1/2 as long as the 1st, matching May 26 on the VIX.

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