Top of the market - the series returns - part 6

Saturday, 24 June 2017, 5:23 pm

Stockmarket cassandras at Bank of America Merrill Lynch and JP Morgan were out in force yesterday, warning of impending market crash.

So, several leading British newspapers, such as The Times, took those warnings seriously by splashing their business sections on the strategists' gloomy predictions. Here is a link to today's piece in the The Times:

https://www.thetimes.co.uk/edition/business/markets-set-to-fall-after-years-of-artificial-support-b68vsghx0

Given world stockmarkets are flirting with record highs with very little volatility I can understand why these "experts" are speculating about a looming market correction.

But, as little old Betaville well knows, attempting to predict a stockmarket crash in these QE inftlated markets so far resulted in egg on face for even the world's most experienced market practitioners - see little old Betaville's Odey the Brexiteer series.

In fact, below is a link to the latest instalment:

https://www.betaville.co.uk/news/is-the-tide-turning-for-odey-the-brexiteer-part-16/ ..

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

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