Another Bitcoin Bull Amidst the COVID-19 Induced Crack-up Boom
Before COVID-19 took up everyone's interest, the stock markets had already crossed a 10 year milestone becoming among the longest bull markets ever recorded. As we progressed into Q1 of 2020 investors' were spooked big time as the consequences of a global pandemic spread across the world sending the markets in for a severe and quick downfall.
Now six months later we see that the stock markets lead by the American Indexes have now managed to set new all time highs despite growing concerns about the long term "real economy" effect of the lockdown measurements set to prevent an escalation of the pandemic.
This brings me two outline these predictions for the year two come:
- Trump will be re-elected as President
- Selected sectors not influenced by pandemic measurements will continue to surge (tech, commodities, crypto, etc.)
- Expansive economic measurements will continue to devalue major currencies (USD, EUR, etc.)
- Local recessions will be seen for specific sectors (entertainment, travel, etc) and geographic areas (tourism, nightlife, restaurants, etc.)
Now six months later we see that the stock markets lead by the American Indexes have now managed to set new all time highs despite growing concerns about the long term "real economy" effect of the lockdown measurements set to prevent an escalation of the pandemic.
This brings me two outline these predictions for the year two come:
- Trump will be re-elected as President
- Selected sectors not influenced by pandemic measurements will continue to surge (tech, commodities, crypto, etc.)
- Expansive economic measurements will continue to devalue major currencies (USD, EUR, etc.)
- Local recessions will be seen for specific sectors (entertainment, travel, etc) and geographic areas (tourism, nightlife, restaurants, etc.)