S&P 500: short/mid/long term Forecast. Conclusion: We are fucked
First of all: These are all just considerations on my part and should not be regarded as financial tips.
I have been very concerned with the problem in the past few weeks and see a good chance that my forecasts will come true.
I mostly refer to the Great Depression because all of the older predictions turned out to be correct.
Short-term: We will see a smaller dump. Various triggers, further unemployment rates, economic decline of 12% etc.
Mid-term: Investors continue to trust the Fed, which will continue to print money. The general population will also start investing as many will believe it can only go higher.
Long-term: The corona virus was only a trigger for the bursting of the bubble. The little upswing we will see is also called "Death Cat Bounce". It gets bad. I don't have to say more.
All right, if you disagree, just write a comment. Liken doesn't hurt either. Thanks (:
I have been very concerned with the problem in the past few weeks and see a good chance that my forecasts will come true.
I mostly refer to the Great Depression because all of the older predictions turned out to be correct.
Short-term: We will see a smaller dump. Various triggers, further unemployment rates, economic decline of 12% etc.
Mid-term: Investors continue to trust the Fed, which will continue to print money. The general population will also start investing as many will believe it can only go higher.
Long-term: The corona virus was only a trigger for the bursting of the bubble. The little upswing we will see is also called "Death Cat Bounce". It gets bad. I don't have to say more.
All right, if you disagree, just write a comment. Liken doesn't hurt either. Thanks (:
Comment:
Looks like there would be no more crucial dump down. The idea is still active, but could go faster than expected.
