I think that once it becomes clear what's going to happen, irrespective of how bad it's going to be, markets will start their recovery. At the moment though, it seems there's no sign that there's any consensus at all and the uncertainty will only push markets one way.
I think that once it becomes clear what's going to happen, irrespective of how bad it's going to be, markets will start their recovery. At the moment though, it seems there's no sign that there's any consensus at all and the uncertainty will only push markets one way.
Thought so.
Sit tight, in a couple of years all will be fine, don't panic.Markets are about 35% down in 3 weeks. It’s slightly reminiscent of Black Monday in ‘87 when shares fell by a similar amount over a month (with most of the drop in two days). The worrying thing here is that the news seems to be getting worse every day with the whole real economy collapsing at an even faster rate.
That's usually my forte.Given my track record the time for you all to bail out is when I start investing.
I’ll keep you posted...