Crash or no crash?
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In this screencast I review a number of indices: the ACWI, US30, NASDAQ100, India50, Japan225 and SPUBYUP.
The picture is pretty grim. Some say that the world is heading into a deep recession that's likely to be worse than 2008. Some of course say 'no chance'.
The India50 and the Brazil60 are the two main indices, yet to take a nose dive.
The India50 is showing some signs of weakening.
The picture is pretty grim. Some say that the world is heading into a deep recession that's likely to be worse than 2008. Some of course say 'no chance'.
The India50 and the Brazil60 are the two main indices, yet to take a nose dive.
The India50 is showing some signs of weakening.
Note
The Indians have begun rolling over - overnight. (Just to be clear 'Indians' is not different to 'Americans', 'English' or 'French', in terms of terminology i.e. nothing derogatory intended). Note
More trouble ahead as Trump considers firing Powell!! Did I say Trump will fire Powell? I did not!Note
Plunge protection team called in!! theguardian.com/business/2018/dec/24/us-markets-mnuchin-to-convene-crisis-team-amid-white-house-chaosNote
PANIC has broken out. I don't need to predict a crash - I can't. If it's happening I'm following it dowwwwnnnn! :))
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
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