THE GLOBAL CONTAGION MOVES INTO HIGH GEAR: Carnage In The Middle East Markets
It begins… the world is finally waking up to the massive economic and financial threat of this global contagion. As reported by Zerohedge, the Middle East markets opened today to a bloodbath as many of the region’s stock indexes fell more than 5%, with Kuwait suspending trading after it’s market fell 10%.
[Blockierte Grafik: https://srsroccoreport.com/wp-…March-08-2020-768x425.png]
My analysis of the current situation suggests that we haven’t BEGUN to see the CARNAGE in the markets. I wouldn’t be surprised to see the overall markets down 50% by summer. And my forecast of the oil price to reach the low $30s may turn out to be way too conservative. In the zerohedge article link above, it stated the following:
Some analysts forecasting the possibilities that the oil price can move into the “HIGH TEENS?” What would that do to the U.S. Shale Oil Industry? If oil falls to the $20s or even the high-teens, that will destroy a large part of the U.S. Shale Oil Industry in just a matter of months or quarters.
https://srsroccoreport.com/the…-the-middle-east-markets/
bg bh
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dachte man nennt das immer noch verlust... 