The recent top is perfectly aligned with the pre-corona top and the corona bottom by use of the Fibonacci sequence. Is this coincidence? I don't think so.
From my standpoint the stock market has just started a correction. This is just only the beginning. We could see the market easily correct for some time, perhaps 2 months.
In my opinion stagnation will soon effect the stock market.
Stagnation means that the economic growth will lag in relation to the speed of inflation.
This is a bearish signal to the stock market as history tells!
It's not good when future inflation can't lift up the accelerating economic growth.
From my standpoint the stock market has just started a correction. This is just only the beginning. We could see the market easily correct for some time, perhaps 2 months.
In my opinion stagnation will soon effect the stock market.
Stagnation means that the economic growth will lag in relation to the speed of inflation.
This is a bearish signal to the stock market as history tells!
It's not good when future inflation can't lift up the accelerating economic growth.
