We see more and more ‘individual’ investors that are saying we’ll have the worst recession ever recorded. But mind to say these “predictioners” have been saying this for years and years, and when it finally happens they take all credit and pride as they bash in the fact in our faces as we didn’t already know that market can’t be bullish forever, there is bound to be a correction. So, will there be a recession? Yes, the recession already started, and we might be at a bottom right now, or nearing one. Thing is, 3,600 was the worst case scenario for many American banks, now when this level was reached those same banks now say 3,000 is also a possibility. So, what are we trying to say here? Most banks, retail investors, fund managers, billionaires, millionaires don’t have a clue which turn will the market take, it’s just unpredictable. However, a very little percentage of wealthy American does know where the market is headed, and when will it bottom, according to most polls Americans do believe that insider trading is still an issue on Wall Street, and the history has taught us this before, that big corporations, wealthy individuals have their fingers on many pies. And rich are getting richer, we can’t change that. However, back to the point and we can use the above text as an example. Big corporations and wealthy individuals always invest their money, so where? Stock market obviously. So even if we’re headed for the worst recession ever, the big bosses will always have their money invested there, and a bullish market will come sooner or later.
