What is the stock market telling us today? Well for me personally I think things are ok for now but undernearth all the uptrends there is a growing problem. Credit crunch.
We’ve heard that word and it was abused so much on new channels, especially British news channels that we are almost tired of it. Fact is, underneath all these uptrends there is a massive credit crunch coming.
Look for instance at South Africa, massive debt nationwide, inflation is said to be at 5.5% but that cant be right. People are still buying gadgets, tech, clothes etc mostly because stuff has become cheaper than food.
Personally i think things are much the same way right before the 2008/2009 crash. Although many will disagree.