Is The Stock Market About To Crash?
June 3, 2017
The old post referenced in the video, about 0% chance of a stock market crash is here. Since the generational secular low in the US, and many foreign, stock markets, the calls for a stock market crash have been a constant, incompetent chant – the “bubble” in stocks is going to cause a “disaster when it breaks”. These people won’t stop, but of course many of them have something to sell – and only gold will save us from the looming depression. Why are people listening to this crap? Markets go up and markets go down. What’s the big deal. Why does everything have to be a bubble and be about to crash in the current environment? Will the stock market have a big selloff? Yes, it’s totally normal within a major bull market. The stock market crash, yes crash, on October 19, 1987, was in the middle of a massive bull market. The stock market fell 35%, and you know what? It didn’t kill the major bull market. So how to “protect” against a “crash”. Markets are totally about risk, So be smart about taking profits, and we need to get out quickly when we’re wrong. It’s that “simple”. A 20% selloff would be an awesome opportunity, not a crash.