$SPX opened lower and nudging to down side erasing yesterday's gain
Reason for slow grind going down is two folds:
BOC cut rates and introduced stimulus for the UK economy
Trump made a hollow promise of zero tax for payroles that wont get approved ny Dems ast would cost $1 Trillion and won't help anyone other his reelection
What happens next:
Recession for Q1 and Q2 is certain
Market will go down further
Late spread of virus in the US will push US into recession in Q3 Q4
High Leveraged companies only can last three month when their equity ratio falls below 50%. Energy stocks already down 50%
Global recession split into 2021
What to do:
Sell and get out before the halt the eachnage. This is as god as it gets for exit.
Also enjoy the Quantum Themoballs dynamic price and direction predictions.
Reason for slow grind going down is two folds:
BOC cut rates and introduced stimulus for the UK economy
Trump made a hollow promise of zero tax for payroles that wont get approved ny Dems ast would cost $1 Trillion and won't help anyone other his reelection
What happens next:
Recession for Q1 and Q2 is certain
Market will go down further
Late spread of virus in the US will push US into recession in Q3 Q4
High Leveraged companies only can last three month when their equity ratio falls below 50%. Energy stocks already down 50%
Global recession split into 2021
What to do:
Sell and get out before the halt the eachnage. This is as god as it gets for exit.
Also enjoy the Quantum Themoballs dynamic price and direction predictions.
