Dear Reader, Famed market sage Michael Burry is in with another prediction: ‘No, we have not hit bottom yet.’ Sadly, I tend to agree. Despite crypto crashing, stocks free falling, and economies entering a recession so far this year, I believe the worst is yet to come. In my opinion, we’re on a pathway to a severe global recession, and it’s likely to hit in the first half of 2023. Portfolios are going to be seriously stress tested. And many are going to fail. What should you do? As a precaution, I would advise you to take a look at your portfolio and check if you own any of these ‘code red’ investments: - Tech stocks
- Cryptos
- Bonds
Right now, these three are spearheading the downturn we’re in and will likely lead to next year’s economic meltdown. So you need to deal with them first safely to avoid further heavy losses. I reveal a five-part plan to do just that — and how to prepare for what happens next — in this urgent briefing. Click here to read it ASAP. Regards Vern Gowdie, Editor, The Gowdie Letter |