The question on every trader and investor's mind as we head into autumn is, has the stock market bottomed? Both for 2022, and in general. We’re going to paint a good picture for perspective, because you can’t just ask what to buy and sell without having a good overall perspective. In Serge’s opinion, we’re just about to head into the second half of the bear market ballgame, with a focus on economic deterioration.

Both Europe and the US are seeing very poor consumer confidence. We do still see people spending with inflation on the rise, but it’s important to understand that consumer spending doesn’t turn around on a dime. By the end of the year, we’ll probably see a sharp downturn. This trend will also affect the housing market pretty drastically. To stay on top of these trends and new ones as they arise, make sure to sign up for the free newsletter at thesteadytrader.com.

What You’ll Learn:

• What an actual economic downturn looks like.
• What the average S&P return is and what it is currently.
• How Covid impacted the stock market.
• What the ISM manufacturing index is.

Favorite Quote:

“One of my goals in this show is to make economic data not sound boring.” -Serge Berger