Discussing the current lows, panic selling, and uncertainty in the stock markets are Chris Vermeulen, founder of The Technical Traders, and Kerry Lutz from the Financial Survival Network. We are definitely seeing very big panic selling in the stock market. There has already been a bloodbath in the stock markets this week the likes of which we haven’t seen since early 2021. When there’s panic, virtually everything goes down. People are nervous and are moving to currencies. The only thing bucking the trend is the US dollar.
Overall, we’re on the verge of a possible multi-year bear market in equities. Protecting capital and moving to cash is one of the best things you can do. If cash, being the US Dollar, holds its value or even strengthens while almost everything else is in a downward price channel, its purchasing power increases. Thus having cash reserves in times of uncertainty in the stock market can set investors and traders up in a better position to enter the markets once a clear trend emerges.
TO LEARN MORE ABOUT THE LATEST LOWS AND PANIC SELLING IN TEH MARKETS – listen to the interview
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Disclaimer: None of this material is meant to be construed as investment advice. It is for education and entertainment purposes only. The video is accurate as of the posting date but may not be accurate in the future.