A year ago i posted that SP500 will continue to fall ,now we see what clearly has happened since then . The overall fall has prodused ripples of fear throughout the whole market. Infation coming in hot , the FED keeps rising interest rates , mass cut of position jobs from big companies, most of that happening on a short period of time . I believe that if the report by the FED on Wensday comes with higher interest rates , the market will crash lower with my perdiction ranging on a -15% to -20% by the first weeks of the new year . Even if the report comes in lower , market will still find its way to the bottom throughout the new year.
Moreover through the analysis of the past recessions and crashes and due to the current market conditions over the last year i consider the overall market is set to fall even lower with the SP500 falling at 2400-2200 , which is almost 50% drop from its peak .
To sum up , i believe this trumble will sink the whole global market , at a point that every citizen will feel it to the bone. I dont want to spread fear or being pessimistic but i want to spread awearness , and you being prepeared for every possible outcome, because the one who loses money and afraid of the current situation is the one WHO IS NOT PREPARED!!!
Moreover through the analysis of the past recessions and crashes and due to the current market conditions over the last year i consider the overall market is set to fall even lower with the SP500 falling at 2400-2200 , which is almost 50% drop from its peak .
To sum up , i believe this trumble will sink the whole global market , at a point that every citizen will feel it to the bone. I dont want to spread fear or being pessimistic but i want to spread awearness , and you being prepeared for every possible outcome, because the one who loses money and afraid of the current situation is the one WHO IS NOT PREPARED!!!