DJ:DJI   Dow Jones Industrial Average Index
Stock market has been on fire for the past 10 years with the tech industries leading it. It is about time for some correction, but I believe we have another big leg up as soon as this correction ends. I don't see any huge fundamental issues to cause a recession and if that is the case we are probably just correcting to slow things down a bit. But ultimately, I believe we are getting close to a terminal end of the 10 year bull move with one more significant run before a recession. There is a fundamental issues of the housing bubble brewing as well as low key loan default issues brewing up especially with the student loans and lower class loans. I believe within the next 24 months we will see the beginning of such recession that will last 2~3 years. I also believe that in those 2~3 years of the traditional market recession crypto markets will flourish and do unbelievable things due to loss of dollar value and truly become a place as store of value for many institutions and everyday citizens.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.