Don’t let a dead cat bounce fool you…
What we’re seeing now is the prelude to carnage.
Never have the markets had such a shock where economies and critical supply chains have all stretched to critical mass.
Every new day seems to bring increased panic and downside.
Maximum loads are tested daily – at airports, hospitals, and grocery stores. “Back to normal” post-pandemic is proving a challenge.
Add inflation that a whole generation has never experienced to that – and you have major failure points.
Market Meltdown
On a comparative basis to this market melt, only the 2008 crash compares.
The charts look eerily similar, and a meltdown seems imminent…