Will the market crash?
This is the question everyone is asking …
Simple answer only if we there’s a signal that we are heading into a recession such as decrease in GDP, unemployment numbers. Warren Buffets and his followers have been selling and raking up cash reserves for opportunities in the coming years. Is the quote, “when people are greedy, become fearful…” It’s something we must ponder even the Japanese companies have been holding up to $4 trillion in cash reserves for a possible rainy day! So something must be brewing like many trend the market can come crashing down. It only takes a collaborative of fund managers to make it happen and any high velocity tends to slow down because the pace can be too fast to maintain! What’s your thoughts?