Crystal Ball 2023. Do you have too much exposure to stocks? Crypto? Gold/silver? Bonds? What is likely to happen in 2023, and what's your best plan?
In 2022:
• The S&P500 dropped -19.44%
• The NASDAQ Composite Index sank -33%
• Tesla is down -72% over the high set in Nov. 2021
• Bitcoin’s Crypto Winter has it frozen with -76% losses from its Nov. 2021 high of $69,000
• Long-term bonds are losing value, are negative-yielding and are becoming less liquid as interest rates rise.
The yield curve is negative again, which is 100% correlated with recessions.
Is there any bright spot or area of safety? What's the best strategy for 2023? Will it be as bad as 2022, or will the recovery begin? In this important podcast, we discuss data-based predictions for stocks, bonds, crypto, gold, silver, copper and real estate, and your best strategy for each asset in 2023.
