Markets have become a lot more volatile recently, violently lurching up & down, and are off nearly 5% from their all-time highs as of a month ago.
A growing number of analysts are concerned that this is the start of a larger correction. This year’s spike in inflation is proving a lot less transitory that the Fed expected. Supply chains remain badly disrupted. Economic growth is slowing, particularly in Asia where the failures of massivefirms like Evergrande threaten to destabilize things further. Energy shocks are suddenly happening all over the world.
It’s understandable that more and more people are now asking: Is the bull market over? Is a market correction imminent?
No – says today’s guest expert David Hunter. Or more accurately — not yet.
David is Chief Macro Strategist at Contrarian Macro Advisors. He expects a further final melt-up in the markets from here….to be swiftly followed by a truly massive market crash of up to 80%.
We’ve been closely following David’s aggressive market predictions this year, as they’ve so far mostly proven eerily accurate. So we’re very fortunate to have him back on the program to give us the latest update on his current outlook.