Someone just has to say it. I consider the chance quite high that within 12 months from now, so April 17, 2025... we will see stock market prices that have fallen considerably.

Of course, I hope I'm wrong, but the way Trump is raging against China, Canada, Mexico, and the EU right now doesn't bode well.

It's not about whether our economy will actually be hit tremendously. It's about whether investors will become afraid of it. The madness in Washington and the Republicans' slavish following of that orange idiot makes it highly likely that the global economy will take a huge dive, with the US economy leading the way.

I see no bright spots.

In fact, no black swan events are possible now.

If we're talking about a few potential positive developments:

1. Peace in Ukraine... The chance is small, but even if it happens, it won't change the conflict between the US and China and the import tariffs against everyone.

2. Trump permanently leaving office... Then JD Vance comes in, and he is completely and openly the billionaires' puppet. Nothing good will come of that. Besides, nobody likes him.

3. Trump completely backs down... Yeah, do you really see that happening? If that happens, I'll already be right, because he'll only back down when the world has fallen into total chaos.

4. China backs down... Also unlikely, because China can hold out for a while as they have been preparing for a war with the US for years. They have huge (gold) reserves with which they can support a failing economy, just like Russia is doing now.

Unfortunately, I see no bright spots. So, I'm taking into account that the stock markets are facing a huge correction. I think it's wise for you to prepare for it as well.
--- SBBSecho 3.24-Linux
* Origin: End Of The Line BBS - endofthelinebbs.com (1:124/5016)