I have been doing this 45 years and between the pandemic and the war and the crazy policy response in the US and worldwide, this is the hardest environment I have ever encountered in trying to forecast 6 - 12 months ahead.
@ 13:10
The odds of a global recession and the change in the global economy are the highest I have seen in decades.
Financial markets... I have a bearish bias for 45 years that I have had to work around. I like darkness...
Bull market in financial markets started in 1982 + particularly the last 10 years went into hyperdrive, all the factors that created that have stopped, they have reversed