I've had several people reach out in the past few days to ask how I was so certain we would see markets go down this year.
I made a video June of last year (https://youtube.com/watch?v=wJiJXD7MVoY) covering the basics of why I thought we were going to see a recession in the next 8-16 months if you're interested.
For several months last year I went into a deep dive of past economic crashes to find trends over the past 50 years. During that time I was quite confident in what was going to happen and I moved my personal investments and money around based on what I thought would happen.
I don't think I did anything groundbreaking, but I trusted the data. One of the things that I found that was very interesting was how stock crashes and recessions correlated with incoming Republican Presidents. Should look that up and take a look because it was quite fascinating.
I didn't cover a lot of the more deep analysis that I did because I didn't think most people would understand or be able to follow along, but there is so much information out there.
I may make a more advanced video or several videos on the economy in the future.
All that being said, markets could take a turn and go up and I could be completely wrong - time will tell - but do your own research and plan accordingly!
Alex The Analyst
I've had several people reach out in the past few days to ask how I was so certain we would see markets go down this year.
I made a video June of last year (https://youtube.com/watch?v=wJiJXD7MVoY) covering the basics of why I thought we were going to see a recession in the next 8-16 months if you're interested.
For several months last year I went into a deep dive of past economic crashes to find trends over the past 50 years. During that time I was quite confident in what was going to happen and I moved my personal investments and money around based on what I thought would happen.
I don't think I did anything groundbreaking, but I trusted the data. One of the things that I found that was very interesting was how stock crashes and recessions correlated with incoming Republican Presidents. Should look that up and take a look because it was quite fascinating.
I didn't cover a lot of the more deep analysis that I did because I didn't think most people would understand or be able to follow along, but there is so much information out there.
I may make a more advanced video or several videos on the economy in the future.
All that being said, markets could take a turn and go up and I could be completely wrong - time will tell - but do your own research and plan accordingly!
3 weeks ago (edited) | [YT] | 361