Mortgage Rates COLLAPSE As The Vix SHOCKS The Market! - What's Happening?

in #money4 years ago

In this video, I report on some major market news alongside Tim Picciott of The Liberty Advisor following the Vix skyrocketing and then plunging in the final moments of Friday having a profound effect on the stock market which continues to fall sporadically.

Meanwhile, 30 year mortgage rates have fallen to a record low following concern over a recession on the horizon. The issue is, we're already in a recession, so this just adds to the already understood collapse scenario.

Tim Picciott breaks down his thoughts on the Vix and mortgage rates as well as the shock of the stock market these past couple of weeks. With interest rates likely to fall to negative numbers, this will not end well.

There are more solutions than there are problems however. Tim Picciott talks about strategizing in a crash.

Stay tuned for more from WAM!

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Thank you Josh. Haven't seen John post lately is he working on a new book?

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