dbgecrybr
Guys, are you ready for a ride?
Now we all have a chance to short the US stock market, with minimal risk. Then we will all say that it was obvious. Round level 3000. Trump says he won’t make a deal until the election of 2021 (he said that a trade deal before the election was unnecessary to him). The Chinese economy is bad (and this is only the beginning). Rates will be increased on October 15, and then in December. I expect that by the end of autumn, or by the end of 2020, the United States will enter a recession. Market growth during the Trump presidency will be destroyed, even before the choice of 2021. And then Trump will have a hard time in the elections, and most likely the Democrats will come to power, and a new economic cycle will begin.
The market drawdown from the level of 3000 to the level of 2000-2200 will be 30-35% — I believe that this is normal for the crisis. I plan to enter the new economic cycle after the election of 2021. Now I have left the market and went short with a stop at 3020 (maybe a few pounds higher).
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