The US stock market is approaching a crisis point. Commodity prices are collapsing. The 10-year bond yield is indicating problems coming for stocks. It is now only about 3.74%.
In the next 6 to 8 weeks a serious downward spiral will begin of at least 12to 15% by the end of the year. perhaps more. It will be below 9,000 by January. This will have tumultuous political and geopolitical consequences, and obviously economic consequences.
John.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment