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Get Ready For A Stock Market Crash That Will Make You Panic As Massive Sell-Off Accelerates! - Epic Economist

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 The stock market crash we’ve been warned about has already begun and now we’re officially in a bear market. Trillions of dollars have been wiped out at this point, and investors are still on edge with the highest interest rate hikes in 28 years, soaring inflation, ongoing tensions throughout Europe, and a historically tight housing market all weighting on the outlook of financial markets as we enter the second half of 2022. Everyone seems to be reasonably concerned. The unanimous feeling right now is that this meltdown is set to get a whole lot worse in the coming months, and in today’s video, we compiled the insights of some of the brightest minds on Wall Street – and they’re telling us to prepare for an impending disaster! 

Any time a bear market is announced, investors think this is as bad as it’s going to get, and many assume the worst is probably over. That might have been the case in some of the previous downturns, but not this time, experts say. With the selloff coming in waves, and growing uncertainty about the future of the economy spreading across all sectors of the market, many investors are struggling to predict where stock prices are headed next. Consequently, that translates to a volatile market situation that will last for a while with more Fed meetings scheduled this year, meaning that despite any eventual rebounds, more losses are coming. 

Regardless of how much volatility the market has faced so far this year, we should brace for even more drastic shifts as consumer spending starts to change, and the overall set of factors is completely unique when compared to anything that’s come before. 

Even though the S&P 500 already plunged over 21% in the first six months of the year, marking its worst first half since 1970, Goldman estimated the index could hit 3,600 as the recession begins – a view also shared by the Scion Asset Management founder Michael J. Burry, who recently noted that the S&P 500 rebounded too quickly and disproportionately from the health-crisis-induced crash in 2020, compared to other market crashes. As such, the expert predicts a drop of more than 50% for the next few months.

By now, even the most notable optimists on Wall Street are starting to sound like “doom and gloomers”. In fact, one of the most well-known bullish personalities on the market, the founder and CEO of Ark Innovation, Cathie Wood is worried about the economic recession we’re entering right now.  “We think we are in a recession. We think a big problem out there is inventories. the increase of which I’ve never seen this large in my career. I’ve been around for 45 years. We were wrong on one thing and that was inflation being as sustained as it has been,” Wood said. 

By now, estimates suggest that roughly 20 trillion dollars have already been wiped out from the market so far this year. And as the sell-off accelerates, we will continue to get more bad news with each passing day. Now that there’s nothing supporting the speculative bubble that led stock valuations to skyrocket over the past couple of years, and an economic downturn is picking up speed, there is no hope that things will turn around any time soon.

It’s safe to say that the reckless optimists on Wall Street didn’t see this coming in advance. Things have changed very abruptly. In this case, many investors that didn’t get out in time are now feeling an extraordinary amount of pain. But a lot more pain is coming for Wall Street and the economy as a whole. Now it’s time to get ready for the bumpy ride ahead.

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