We will be higher in one year

Friday, March 27, 2020 Francisco 0 Comments

I put this entry on the 12th of March the market is now higher but I suspect we will go down before coming back for good. If you are a trader get out and buy in May/June bottom if you are here for the long run just stay the course. If you have cash waiting to invest, wait for a better moment.

https://thoughtmeme.blogspot.com/2020/03/there-are-not-many-panics-when-you-see.html



In an interview with CNBC's "Squawk Box" on Thursday, billionaire investor Ray Dalio (Trades, Portfolio), who founded the Connecticut-based hedge fund Bridgewater Associates, predicted that the novel coronavirus outbreak will cost U.S. corporations up to $4 trillion, while global corporate losses will amount to around $12 trillion. He added that "a lot of people are going to be broke."

I took this graph from the great Gary Savage service. I don't think we will recover almost all the crash 


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