.
Gee, who could have seen this coming?
And the government’s fix for this will be to double down, confiscate more of our earnings and further restrict our liberties.
Hard choices ahead folks.
ping
Why are property prices going to fall?
Don’t buy and hold. Get some rudimentary knowledge on reading the charts. Cross your fingers (lol)
The S&P 500 made me +1.95% on my investments last Friday.
Purchase that day based on a predictable double bottom (S&P 1815) + resistance at EMA 200 (weekly)
The impetus from those gains stand a good chance rebound to world markets Monday / Tuesday. (Next) Could be resistance at 20 day EMA so indications of weakness there could be a sell signal but if we get strong upward action (like last Oct rally) could be clear sailing to S&P 2055 or so.
Watch for continuation of “rounded top” as (bear market) danger sign. If S&P gets a new Higher-high established we could get more run out of the Bull.
Good Luck!
Well, there goes a larger part of the debt regime, out with more inevitable investment evaporations, spending cuts, a greater, longer wave of foreclosures, heart attacks, dementia, a few clucks and a squawk.
Little side note: many have said that if the economic situation goes south, they’ll move to the Great White North (the 51st State).
Pensions are perceived by many as being more secure there, BTW.