The 130 Year Old Curse That Will Hit The Stock Market This Fall!
Every year that has ended in a 7 has been a historically bad year for the Stock Markets. This dates all the way back to the late 1800's.
In this very entertaining article you can find out more details about this curse :-D
"Stocks have suffered a pullback (defined as a drop of 5% or more in price), correction (a drop of 10% or more), or full-fledged crash (a drop of 20% or more) in every year ending in the number “7” going back to 1887."
"But here’s the thing: In calendar years ending in 7, stocks almost always begin their descent in August or September — or in a few cases (like the 1987 crash) in October."
Aside from the article suggesting that superstition somehow has some play in the stock markets, we ARE in fact headed for a serious financial problem in the near future. I would suggest shifting from fiat over to cash alternatives very soon. The dollar is weakening since the FED is manipulating the bond markets, by suppressing interest rates, and raising the debt ceiling. Inflation is their primary goal which will only weaken the dollar further.
By investing in cash alternatives such as precious metals or cryptocurrency you protect yourself from such inflationary measures. The government has no other choice but to continue the same old song and dance of printing money to cover their own butts. Let's face it people our government is FLAT broke and continues to print money out of thin air to cover their expenses. Our national debt has pretty much doubled in the last decade to a massive $20 TRILLION! The IRS only takes in roughly over $3 Trillion per year from income taxes so how will our country balance out the debts?
The answer is they never will because it is virtually impossible.
I would highly suggest shifting from cash to alternatives very soon since this fall we could see another market crash which will further punish the dollar. The crypto markets are JUST starting to see a glimpse of this money. Wait until the flash flood :-D
*Never invest more than you are willing to lose and always do your own research before making any investment decisions.
The 7 thing is interesting, but there are also just some fundamentals at work, like you explain, that are dooming the fiat system. So glad to be diversified.
Thanks for sharing... Love it.