The recent market volatilities had brought out the dire financial situation in the US.
What had happened? Let us share our observations.
The stock, bond, money (USD), gold and crypto markets had all cratered during the recent market volatilities. It was rare for all these markets to crater simultaneously.
In the past, whenever the stock market crashed, monies would flow to the money (USD) and bond markets because these were considered to be the safest assets during any crisis.
However, this time around, investors even fled the safest assets (USD & bond). Moreover, investors sold gold to cover their other investment losses that caused the gold prices to dip. Thereafter, investors bought gold again that pushed the gold prices to hit recent high because they've lost faith in the USD by dumping it (below 100 as shown in the USD index chart).
Therefore, a big financial crisis will definitely occur in the US if Trump continues to bully the world.
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