MARKETS A LOOK AHEAD: What To Look For. MAKE RIGHT MOVES NOW! By Gregory Mannarino
From Greg M
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https://www.youtube.com/watch?v=GEA72wFG6o4
No opinion required for historical, mathematical facts.
9 times in a row when U.S. has over 5% inflation - we have a recession. With the average decline of equities (S&P broader market) of a 35% drop.
What’s different this time is the world-wide “everything bubble” is bursting simultaneously for entire global economy and the FED is raising interest rates as we head into the storm. Making it all exponentially worse (by design).
Given all that IMHO, it’s wise to step out of the way of the hurricane, save & stack more dry powder for after the wipe-out when everything will be on sale.