Two articles from Marketwatch, the first is Todd Harrison with "Recipe for a market meltdown" (link) and the second about stock fund managers moving to cash "Managers are the most negative in a decade" (link2).
I found a third forecast from the Royal Bank of Scotland (link3). This one makes the other two sound like the song "Happy Days."
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The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.
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Yikes!
For long term contrarian investors these are positive sign posts. For traders, caution remains the order of the day, as long as the primary trend is down.
Positions all options expiring Friday 6/20
hedged longs EWZ, IWM, SPY
hedged shorts SHLD, TSL
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