Multi-year Channel Breaking key area at $120 last time this broke we were in a recession and then Covid hit. A reminder the US entered a recession PRIOR to covid in FEB 2020. most don't know that. Will this time be different? Do we need a recession for stocks to drop? I will answer these questions in the next video.
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Still bearish
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Nothing has changed. Still bearish after a year plus.
COVID-19 started in 2019, prior to the US recession that began in 2020. We were not "in a recession and then Covid hit". Although the yield curve had inverted and economists had been predicting a recession in the US prior to COVID-19, as a matter of fact, a recession did not precede the arrival of COVID-19 in the US. It was indeed the main catalyst. Just setting the record straight. Thank you
Anyway people in the face of evidence still try to change facts. Crazy.
walidmvp
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@RealMacro, Np….yes they sure do. What’s the famous quote by some senator… “you’re entitled to your own opinion, but not your own set of facts’….something like that.