Look at the charts of composite stock indices. We are at a crux. We are either at the furthest downward end of a classic double bottom, from which the markets and ergo the economy will robustly rebound or the drop off point for a major long term bear market.
I'm betting long term bear market. There is nothing robust about World economics right now. I hope I'm wrong. I'm at the doorstep of old age. A new depression will not benefit me in any way.
I'm not wrong.
No comments:
Post a Comment