Market Forecast for the remainder of 2020 and 2021. Volatility is the theme. There’s so much uncertaintly that we could go anywhere. Changing political directions mean it’s up in the air. There’s lots of pains in Blue States, small business, restaurants, etc. People are stocking up on swimming pools and RV’s. Services are getting slammed. Employees will have to retrain and reinvent.

Instability economic, political and geopolitical will be a major theme for the coming year. Without a political change we’d have less uncertainty. Change can freeze spending and investments. A recession could be triggered.

Inflation outlook with trillions being printed out of thin air. Low interst rates and flooding money, real estate home prices aren’t falling. The supply of resale homes is dropping and so is demand. There are indicators that inflation could be a growing factor. Not sky-rocketing yet.

Above everything else, just keep saving and saving. You might need the funds to live on or you’ll have a great opportunity when prices come down

Direct download: Jeffrey_Socha_18.Nov.20.mp3
Category:general -- posted at: 8:00am EST


Stock markets have been trading on hope and optimism. 40 years ago was a similar tumultuous period. The Iranian Revolution and the Russian invasion of Aghanhistan. It’s the 40 year cycle taking place. The 40 year cycle has repeated itself very closely. We had the March meltdown, the spike recovery, and then new lows. Very similar to 1980. Anohther intermediate peak in coming this month and continuing to swing, which will lead to another leg up peaking in May 2021. But there are down swings coming.

Gold/silver coming peak again in May 2021. We could see a bottom by the end of 2020. Gold will move up with the stock market and then an inflation driven peak. Gold below $1800 before the end of the year and silver could hit $19. The Dollar has been bottoming and could see an increase at the same time. And perhaps a settling down geo-politically could be around the corner.

US Dollar, a rebound through mid-December. March 2021 could see the Dollar bottom, perhaps near the 2018 low of 88 on the DXY. The dollar was fortelling a democrat in the Whitehouse. Eric mentioned that several months ago when we last spoke and appears to be correct.

Interest rates have apparently hit their lows in mid 2020. Eric had been calling this a while. And it appears we’re there now. The high should hold for a couple of years. Rates will be edging higher. Government spending is going to cause rates to rise or the Dollar standing could be injured.

Direct download: Eric_Hadek_19.Nov.20.mp3
Category:general -- posted at: 8:00am EST






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