Are we staring onto bad economic times ahead

sanees(54)
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Stock prices are dropping

The trade wars ,Reversal of loose economic policy and interest rate hike. These are not good news for markets. Besides with US interest rate rising, developing markets will see outflow of funds, there by stock sell off and decreasing share price. This will trigger a depreciation of foriegn currency. The cycle repeats and we would windup in another bad recession

https://www.cnbc.com/2018/06/29/nervous-investors-exiting-us-stocks-at-near-record-pace-on-trade-war.html

Commodities Failing

needless to say trade wars and economic factors are having a negative impact on commodity prices

Over hyped Tech

Tech and FANG was on a roll .Not any more. AI may be more over-hyped than crypto. IBM watson group has laid off many people. Many AI companies are struggling to find a good business model. AI winter might be upon us

The crypto crash

Regulators, academic research, the wild west attitude and easy money..all of this is contributing to crypto demise
https://www.forbes.com/sites/jessedamiani/2018/06/29/crypto-watch-bitcoin-ethereum-and-ripple-prices-continue-to-plummet-is-the-bottom-in-sight/#45232d592e31

all other markets also are having an impact on crypto.

people are thinking abt flight to safety

So hang in there and see many of your coins go to 0 and may be there are few winners and you luck out !!!!

Are we staring onto bad economic times ahead | Ecency