Forget Trump bump, Dow Flash crash is coming! - K1tCapital
Nov 16, 2016, 02:45 PM
Perma-bears out there need not get demoralised by the ongoing Trump bump as a 1987 style flash crash in the Dow is just a few days ahead of us. That’s not all… the index is then expected to slide further by 40% to 50% over the next couple of years.
Simon Wajcenberg from K1tCapital explains the rationale behind his ultra bearish views on the US stocks to Tip TV’s Nick Batsford.
Watch this segment in which Wajcenberg draws parallels between the current market condition and the one seen before the 1987 crash/1929 crash and to some extent the 2008 crash.
#Dow, #stocks, #equities, #flash crash, #equities, #trading, #investing