Bears have been getting ridiculed for being bearish throughout this record-breaking bull rally. While I don’t agree with the permabear approach, I think there will be a day where this inverted yield curve has a sharp rise and bears will get the last laugh. I did not think there would be a crash in 2023 because the markets have historically performed well during pre-election years. I have been saying that 2024 and 2025 are two key years to monitor for a recession and market crash. The last 3 crashes have occurred during election years so I’m taking a cautious approach throughout 2024 since it is an election year.
I discussed my thoughts about a potential market crash in 2024 during this video published a few months ago.
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