Looking at 50-70% correction from here. Massive recession on horizon. Buckle up.
Reasons :
1. Extremely high inflation
2. Oil volatility
3. Supply chain constraints
4. Slowing demand
5. Yield curve inverting
6. Clown in the White House
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It doesn't matter if you think a recession is gonna happen, the key is knowing *when* a recession is going to happen. That's how Michael Burry made his fortune.