10/01/2017 – The US stock market is going to be like a roller coaster, during the first quarter of 2018. Several currencies around the world will drop in value, making global economy out of whack. This will cause a wave of panic, which will be felt in the US.
So… back on December 2016 – I saw the world economy will begin its downturn in 2017, with the full downturn in place by 2021-world depression till 2030. See 12/02/2016.
Confirmed 02/08/2018 – The Dow plunged more than 1,000 points just before the final bell clanged today. It represented a full market correction, defined as a 10 percent drop from its 52-week high.
Confirmed 02/06/2018 – Stock market fall looks like a correction, not a crash… This is just the start of a slow 3 year global turn down. The world economy downturn will become a whole world depression by around 2021, lasting 9 years, till 2030.
Confirmed 02/05/2018 – The Dow plunges 1,175 — worst point decline in history – Feb. 5, 2018
Confirmed 01/24/2018 – The U.S. dollar dropped to a three-year low on Wednesday after Treasury Secretary Steven Mnuchin praised the declining value of the currency in remarks at the World Economic Forum in Davos, Switzerland. This is not necessarily a bad thing… If the dollar drops in value, the price of goods denominated in dollars increases. Consequently, stocks in energy companies may rise as the dollar weakens. Imports become more expensive after a dollar devaluation, but foreign companies can acquire American goods at lower prices. This helps to drive up exports.
Confirmed 08/10/2017 – The Dow plunged nearly 275 points Thursday and fell more than 75 points on Friday. The market did bounce off its lows after it was reported that controversial White House chief strategist Steve Bannon was fired. It’s not as if stocks surged back, however.
But to be fair, it’s worth noting that the Dow is still up 10% for the year. This group of blue chip stocks is not far below all-time highs that it set on August 8. The Dow, S&P 500 and Nasdaq all fell just slightly for the week as well.
I have to believe this is going to happen because I keep seeing bits and pieces during my meditations. I see a serious market correction will occur October/November of this year, with stocks being suppressed for three months and then another downturn in about March of 2018. In April/May of 2018, the market will rebound through the summer of 2018.