The MASSIVE lockdown is about to come in all of Europe, so i think the MASSIVE CRASH is also coming find ourselves facing one of the largest bull trap which has ever had in history many people is in denial and long all ETF and imagine that the markets will go up ad for ever because of monetary support of FED
Do not tell me that “the market already priced this” you sincerely think that we priced GDP will very likely go down more than 20% in many countries, probably also including the US? we find ourselves in one of the biggest global crises since 1929 if we count stats
Do no say it's just a simple virus in fact who cares whether it is a basic flu or not but the political consequences of lockdown and other measures is here without counting the probable future political crisis in the USA due to the likely contestation of the presidential election results and the probable lockdown of democratic states
I'm amazed to see so many bullish people currently who don't want to see the reality the of the economy number in the face it's funny how so many people were bearish in 2017 and 2018 when there was no reason to be bearish on this on the market and that now when there are clear signal of recession people are bullish but here it is always like that this is what is called the famous dead cat bounce and here
Massives natural selection is coming sorry to say a lot people investing on market right now they thought to be the best thinking market will go up for ever like crypto in 2017 thinking central bank will support market for ever many stats show never so many people invested on market since years a lot people come since the lockdown this is one biggest bull trap ever the crash might even be bigger than 1929 the price is still higher than in 2019 do you really think
the situation is really better than 2019 ? no i can guess, I warned you
I hope you have a good reason to keep your positions long but I think that the most reasonable is no positions so wait-and-see now
Feel free to share your thought in comment!