FX:NAS100   US 100 Cash CFD
Analyse of the 3 Major crashes since the Tech Bubble
Looking at the date 3 months to recover from the economic implications of Covid-19 to our economy is rather quick compared to years upon years when looking at pervious market crashes to fully recover.
We are currently up 154% since the Covid-19 crash in 2020 and we are only in 2021. I personally believe we have not felt the real economic impact of Covid-19. The market is slow to reflecting what has happened and what the future impact will have on businesses and our economy.
I am also seeing similar patterns when looking the the tech bubble compared to the the current market.
I personally feel the market will crash and head into a bear market for a long period of time as per previous market crashes. I believe we will see investors pulling out of stocks and moving into safer options such as precious metals.
I am personally looking to go long gold and short stocks.
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