James Fitzgibbon, Economist of the Highlander Fund, said that the current market decline will intensify in the coming weeks with occasional upward ticks until April or early spring. Then, he says a decline will set in that will last well into 2016 or 2017. He predicts that we won’t hit bottom until the DOW is at 5,000 — one-third of its current levels.
I don’t know if he is right or wrong, but I respect his track record greatly. For thirty years, he has been uncannily accurate in predicting market trends, so I wanted to bring you his predictions.
Click Here to listen to my interview with Economist James Fitzgibbon.
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