A finance expert who predicted the October 2008 global financial crises (and the October 2008 global financial boom) says he has been warning of another major correction and a sustained upturn for months.
The writer of the recent articles “Why the stock market is headed for a fall” and “Settle in for a year of more market growth,” said it was only a matter of time before things went north or south or stayed the same.
“What we saw today is a step-by-step playing out of one of the fourteen different scenarios I said would definitely happen in February,” he said.
Asked if he felt there would be further losses or a share market rally, he said, “Yes”.
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(First published in 2018)
