This video is from August 18.
It reminds me of this video from 2007.
The parallels between the crash of 2007/2008 and now are amazing. However, I expect the markets to move up at least until September. The Federal Reserve is meeting in Jackson Hole to discuss more quantitative easing. That should help the market go up at least short term. After that we can reassess the situation.
Here are some predictions over what will happen in Jackson Hole this week:
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