A ‘Lehman-like’ stock market disaster could happen this week, analyst warns
S E E D E D C O N T E N T
A ‘Lehman-like’ market disaster could happen this week, analyst warns
Bearish sentiment currently correlates well with sentiment before the collapse of investment bank Lehman Brothers in 2008, Takada argues. Takada told investors in a Monday note on that stock market sentiment hasn't improved from when he first issued his bearish macro take...
Bearish sentiment currently correlates well with sentiment before the collapse of investment bank Lehman Brothers in 2008, Takada argues. So investors should prepare for carnage in the stock market due to “panic-selling by fundamentals-oriented investors and systematic selling by trend-following technical investors.”
“The continued liquidation of long positions in equities by trend-chasing investors could convince one global macro hedge fund after another that now is the time to start paring longs,” Takada wrote.
Of course he could be wrong
(For some time now I've been taking profits on my biggest gainers, also liquidating companies effected by our governments insanely self-destructive tariff policies...)
And there's even the slim possibility of another "flash crash" . . . perhaps sooner rather than later???