Mar 14, 2019 - March Economic Summary

Disclaimer:
Nothing I'm sharing is investment advice. This is just an aggregate and summary of economic videos and news I've been watching/reading. Please consult a professional investment adviser for professional advice. 
Some videos I saw this Month📺:
Stores are closing in the US
Dollar tree closes up large # of stores, Amazon closes up brick and mortars, car manufacturers stopping production. 
Boeing 737 MAX may not be mechanical error STATISTICALLY SPEAKING
Reasons on why we're at the verge of a global collapse📉:
-Longest bull market in the history of the world 10 years and counting 
-People are getting delinquent on their credit cards
-Malls are closing (people have less $$ to keep buying)
-Unemployment at its lowest (Last time it was at this level, it was followed by a recession)
-Car makers are closing up or making less cars (They foresee people will be too poor to buy cars in the next 2 years; cars have LONG buying cycles)
-Investors are DUMPING their stocks but you don't see that cus the FEDs are buying them with printed money to keep the price high. They can only keep this up for so long.
-The so called market rally is artificial, central banks are printing out money to buy up stocks. 
World tour🌎:
-China had a 20% rally this year but this rally cliffed this week with trade slowing down (tariffs)
-Europe (ECB printing $$, Brexit and People wearing yellow vests) 
-couple Latin America economies are in the dumps already (Hyperinflation). 
This is one YouTuber's prediction... he could be very off or dead on.
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When the crash occurs, precious metals has historically shown to go up after dipping.
Crypto could follow suit but is not proven (It has not lived through a recession before... but it is popular in countries with hyper inflation) 
What people are doing (Mixed results)👨👩:
-Warren Buffett is sitting on 100B of cash
-Contrarians are stocking up on gold
-mainstream investors are riding the rallies
-Google searches for keywords "Recession" "Market crash" on the rise
-People are positioning themselves to profit on Brexit outcome
Interesting News - Conflicting news📰:
Don't put any money into this... unless you're ready to lose out. Keep an eye on SNAPchat stocks.
This guy made a bold prediction, that it will crash from $8 to $4 in an unspecified amount of time. At the same time the news are saying this stock is about to take off... which it had a 12% jump today. 
We will see who's wrong eventually
Foolish plays on paper trading spreadsheet this week 🚽
-Call options on Boeing as it nears 200 day average after dropping this week. could bounce?
-Shorting FaceBook (More investigations to come with how it banned Elizabeth Warren's ads?)
*Don't copy these trades. Watch the paper trades go down the toilet or go up*
What to do if you want to get in on this action💹:
-Identify a game plan (Find out how much you are willing to risk.)
-Identify your tools (Precious metals? Options trading? long term stocks? shorting?)
-Identify your platform (Brokerage account, TFSA/RRSP direct investing, gold/silver store etc...)
-Get into the habit of checking news
-Paper trade first before jumping in with real cash
-Determine on your position (bull or bear)
-Discuss ideas with others
-Always assume your predictions are wrong and try to find contrary information (ask others to give you every contrary information) 
Disclaimer:
Nothing I'm sharing is investment advice. This is just an aggregate and summary of economic videos and news i've been reading. Please consult a professional investment adviser for professional advice. 
Happy investing


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