The Most Important Week of the Year for the Global Economy
Massive Drawdown Coming
We are on the brink of a significant drawdown in the markets. We already warned about this in late 2021. We came from a period of “transitory inflation” and witnessed the market drop by around 25–30%. Those growth investments, which had been the panacea and which everyone believed would be the future, faded away. Cathie Wood’s famous fund fell by 80%.
I still remember how, back then, most people said that, even if it fell, it was still a good investment because growth companies always bring good results in the long run.
Our subscribers, for the most part, kept a large portion of their assets in cash and were able to buy leveraged indices at a 50% discount and Bitcoin at $16,000.
Since then, in just a year and a half, we’ve seen these funds appreciate by 100%, just like cryptocurrencies.
The factors that led us to predict this downturn were all, I repeat, all macroeconomic. We’ve explained many times that people don’t really understand money; it’s just an accounting entry.
