Is the world going to recession soon in 2020 where there would be a severe meltdown in the global financial markets? Last evening a new report just came out talking what might happen in 2020. Click on the link below to see.
https://finance.yahoo.com/news/global-markets-stocks-gain-stimulus-115942003.html
The trade war had caused much dismay and disruption to the world and has caused a lot of $$ lost. Looking at the Dow Jones chart, there are 2 recession lines where if the Dow goes below each of those, it's signalling that the market would start to falter and the recession could get real. The Dow had peak earlier this year and it seemed like we are touching that area again. On July 13th, I posted my prediction for 2020 and just last night more economists are predicting the same as the Dow chart gets worrying.
Please get yourself prepared for the worst and look for shorting opportunities in the stock market. The major selling in the daily chart for the Dow Jones is telling you many funds are getting out and it might be time to exit together with them. Should the market tank, it shall be a painful one so embrace 2020 and make sure if you have a secondary skill or second source of income. I had been through one financial crisis in 2008 and it was bad enough. 2020 might be worse.
Ronald K - Market Psychologist - A Stock Market Opportunist
