I've received an email from a viewer asking me to update my opinion about the impending financial crisis that I had projected in 2022. Since it's been a long time since I posted my opinion on this, I would gladly oblige the request.
The first time that I brought up this issue was in July 2020.
http://sg-stock.blogspot.com/2020/07/another-constellation-is-aligning-and.html
Previously, my earlier projection was based on the following:
I will update my analyses now with the following:
- Rising US-China tension (trade, economic, financial, sanction, etc)
- QE tapering will end in March 2022
- Major covid virus outbreak in 2022 (omicron)
- Natural disasters
- ECB emergency program (PEPP) will end in March 2022.
- US Fed interest rate hikes in 2022 (3x)
- US GDP growth will decline in 2022
- US 10-year treasury yield will exceed 2% in 2022.
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2 comments:
Thanks for the warning. Now that I no longer need to trade or invest for a living, I've moved most of my $10M into gold and SGD. I still maintain $1M in US stocks for fun, a well as $500K in ethereum and bitcoin. Stocks and major cryptos will be multi-baggers in 20 years time. But that's just for kicks as I focus more on staying rich than getting rich.
No problem as I'm just letting my viewers know the macro-environment better so that they can strategize their own investments.
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