Cheap, low interest rate money carries us to all time highs (market top april 21, 2021) and then sinks us.
Predictions:
Trump is reelected in November of 2020
Interest rates are lowered to near zero
There is some type of mass credit/lending fraud
Tech bubble bursts. Investments in companies with no real path to profitability are abandoned. NASDAQ 100 losses in 2021-2022 outpace S&P 500.
Exodus from ETFS. Investment/Asset management industry hit hard as well
Predictions:
Trump is reelected in November of 2020
Interest rates are lowered to near zero
There is some type of mass credit/lending fraud
Tech bubble bursts. Investments in companies with no real path to profitability are abandoned. NASDAQ 100 losses in 2021-2022 outpace S&P 500.
Exodus from ETFS. Investment/Asset management industry hit hard as well