Here’s another Sneak Peak for Dollarcollapse.com’s new upcoming service with Dave Skarica.
Dave predicted the Dot Com crash, the Great Financial Crisis, and the ensuing debt supercycle years before they happened.
He is the author of several books showing how to profit in a market crash…
AND how to profit during debt supercycles.
You can find all his books on Amazon:
Stock Market Panic! How to Prosper in the Coming Crash (1998)
The Great Super Cycle: Profit from the Coming Inflation Tidal Wave and Dollar Devaluation (2010)
Including the upcoming…
Mega Returns: Profit from Maximum Pessimism (Jan. 2025)
So, whether the markets are headed up or… down, Dave is a source for actionable advice and reliable information on what’s happening in the markets.
For your benefit, here’s the almost twenty minute video Dave published on Monday, Aug 5, 2024, to explain the market chaos.
Here are several key points:
- The FED is likely to implement a 100 basis points rate cut by November, showing a significant shift in market expectations.
- The Japanese Yen’s impact on global markets is significant, with its rally affecting market trends and corrections over the past 25 years.
- There’s a high likelihood of multiple interest rate cuts in the near future, with a 95% chance of a half point cut in September and a 65% chance of another half point cut.
- The weakening economy may have more to do with the Yen trade, and we need to watch out for hedge funds potentially blowing up because of it.
- The vix went to almost 50 intraday, it was in the teens in early July just like now.
- The market selloff in 2015 is similar to what we’re seeing today, indicating a potential pattern in market behavior.
- Buying the volatility low usually works, but it can take months to play out.
- The FED may try to prop everything up into the election, leading to potential volatility in the market.