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I'm interested in seeing what Putins unhinged threats will do this week. Again, the markets recovered last week because the sanctions were a joke.
Your fellow American Harry Dent predicts a crash of 86% Lokmeer!
....However he, Jeremy Grantham & others have been predicting this for 2 years & it still hasn't happened.
So...these pundits may be vastly unerestimating the Power of the US Fed & it's allies, the big banks, to manipulate the markets.
If they don't want it ta crash maybe it just won't crash but will continue to go sideways. Neither here nor there neither up nor down @Lokmar.
Whether this a good thing long term for the economy is another question but quite possibly it won't crash eh?
Anyways the stock market is clearly manipulated & does not operate by the forces of a free market anymore. Seems all rigged.
For every guy who wishes for a crash there are several more who will intervene in order to prevent it now.