On the blue board some guy called assman51 predicted an economy crash January 2022. I initially dismissed it but it does bring up some interesting facts. The market is long overdue for a correction and there are a lot of factors which come into play. Does China and Russia collaborate to put the nail in the coffin of America? Stocks are overvalued that housing market is insane and there are many clueless investors that will panic sell. Is this rhe second wave of the dot com sell-off?
Markets primed to crash ?
- Thread starter dirtydaveiii
- Start date
It is possible to predict the market, just not the timing.
It will crash some time, and I believe it will be brutal.
It really depends on when the US treasury decides to raise their interest rate.
Also, Bank of Canada has already indicated that they will raise their interest rate as early as April 2022. Initially, Bank of Canada wanted to raise their interest on August. But that's not going to happen because of inflation et cetera.
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I heard that it was going to crash when Biden took office in January of 2021. He must have done a miraculous job to push it to record heights.
But seriously, all will depend on factors like Inflation including food and other Essential items prices, Transport Chain, Stability in Ukraine, Oil pricing.
But seriously, all will depend on factors like Inflation including food and other Essential items prices, Transport Chain, Stability in Ukraine, Oil pricing.
We had a correction a few weeks ago, and we will have more for two or three years to come. Some more and some less severe.
The stock markets will crash because investors listen to some random guy on the internet rather than listening to legendary investor Warren Buffett.
........................or, they listen to Chicken Little cackling THE SKY IS FALLING! THE SKY IS FALLING!
Well I am glad someone took me semi-seriously back in December lol. Hope you saved money or better yet made money.
