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Chris L

Why Markets Will Lose 10% to 20% (Take Your Pick

The market is overdue for a 10% or 20% dinger.

Blame U.S. Treasury default in 2 weeks,

New Covid variant far worse than Delta,

Russia invading Ukraine,

China getting tougher over Taiwan,

Consumer spending tailing off into Christmas,

Inflation rates getting out of control,

Take your pick...

Clearly too much RISK is present to justify record high overvaluations and retail investor enthusiasm.

Note via a user.

$SPY, SPDR S&P 500 / H1

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