I called it a Sucker Rally. That is the current rise in the US Stock markets, so far in 2019.
Seems that I am not alone in being concerned that there is more volatility to come in 2019.
Click on this link to visit the CNBC website to read their article about the recent eTrade Survey results which is titled “E-Trade survey: America’s wealthy are ‘in preservation mode’ and don’t think we’ve seen the market bottom“.
I would call a “40% Stock Market Correction“, a pretty major “Stock Market Crash“.
That could be followed by a Recession, due to rising Interest Rates.
Scott Minerd has warned that the Stock Market is on a “Collision Course with Disaster“.
Video is couretsy of the CNBC YouTube channel.