Michael Purves discusses the stock selloff in Markets



Stocks slumped amid wild swings and a flood of trading activity, with investors seeking safety in Treasuries as the specter of a Federal Reserve policy mistake and mounting geopolitical tensions roiled markets around the globe. Michael Purves from Tallbacken Capital Advisors is on the “Bloomberg Markets” panel.

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Michael Canning

Michael has a Masters's Degree in Leadership and Juris Doctorate. After working in private business for 10 years, he started writing. He covers law, business, startups, and technology. One of his passions is researching disruptive technology in business. [email protected]

24 thoughts on “Michael Purves discusses the stock selloff in Markets

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    April 2, 2022 at 12:23 pm
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    Why do so many of these experts stutter and umvand arr and fluff around it makes me sick SPIT IT IUT MAN GET ON WITH IT OMG !

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    April 2, 2022 at 12:23 pm
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    A guest on The Wall Street Journal Report spoke sometime last week about making over $631,000 in 4months with a capital of $100,000, which made me realise that as a beginner i have a lot to learn, so please assist me with any pointers or tips that would help me make this much profit.

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    April 2, 2022 at 12:23 pm
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    Michael Purves on 03 Jan 22 predicted 15% growth in S&P in 2022 to 5,500.

    Could still happen. He didn’t suggest at the time we would have a correction in the interim.

    I have this on my prediction watch list which I keep to see how they age over time. I find this helps me learn more about how best to interpret punters’ statements particularly when they become either Uber Dovish or Uber Bearish.

    The most important lesson to me is do your own research.

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    April 2, 2022 at 12:23 pm
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    Buying time!! we love space x we traveled to Boca Chica to see the starship get built. & we got the S dual motor fsd last Christmas 🎄 😎 still have the cybertruck tri motor or 4 motor fsd on order, i got lots of solar & backup battery system to charge them both. i have tsla too. i just got tired of paying $5 for a gallon of gasoline

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    April 2, 2022 at 12:23 pm
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    As you can see we are approaching the end of january and I feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naïve, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, I'd say that more emphasis should be put into trading since it is way profitable than hodling. Tradlng went smooth for me as I was able to raise over 9.2 BTC when I started at 1.5 BTC in just few weeks implementing trades with signals and insights from David Walter, I would advise y'all to trade your asset rather than hodl for a future you aren't sure about or hold it and risk loosing all…

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    April 2, 2022 at 12:23 pm
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    Amish Pat's FINANCIAL BIG BANG THEORY: "When everyone is short the market can't sell off…..right now!" " A wise man build his house upon the financial stones, not dust in the wind."

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    April 2, 2022 at 12:23 pm
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    U.S. stock market = the epitome of feigned verisimilitude !!! aY, uM JuZ sh-sh-sh-ZaYiN !!!

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    April 2, 2022 at 12:23 pm
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    Last chance to exit stock market. Fund flow will move to gold, silver and asian stock markets!!!

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    April 2, 2022 at 12:23 pm
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    He said the magic word "risk assets" so take it like men you children !!!

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    April 2, 2022 at 12:23 pm
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    I can't bring myself to listen to this guy. He is so not articulate. Dies he even know what he talking abt

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    April 2, 2022 at 12:23 pm
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    "Decent" or "looking like" capitulation is, by definition, not capitulation.

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    April 2, 2022 at 12:23 pm
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    01-24-2022 WE ARE IN THE OPENING MONTHS OF A TWO-YEAR SECULAR BEAR MARKET IN WHICH THE MAJOR INDEXES WILL DROP AT LEAST 50% AND PROBABLY MORE. WITH A 4% LONG TERM US REAL INFLATION RATE, LOOK FOR THE SP500 TO BE AT 12-13 TIMES EARNINGS AT THE FINAL MARKET BOTTOM! THE FINANCIAL LOSES OVER THE NEXT TWO YEARS WILL BE GREATER THAN THE WORLD HAS EVER SEEN. THE REAL DANGER IS THAT THE MAJOR INDEXES DECINE 90% TO MATCH THE 1929-1932 DECLINE!

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    April 2, 2022 at 12:23 pm
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    "Rates are baked in we talked about rate hikes last week" I wouldn't assume that, Russia could be more on the mind tho

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    April 2, 2022 at 12:23 pm
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    The bears are in full control. Bitcoin will be testing 65k again just as in July 2021. We will see if there is enough buying pressure when it hits the 30’s. IMO BTC is almost like a tease when it gets to these levels and it starts to suck in liquidity around this range but we will have to see how the market reacts to these lower lows.

    Reply

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