⦁ Mr. Ralph Acampora outlines his market forecasts and outlook on GS radio.
⦁ The "Dean" of technical analysis anticipates stagflation resembling the 1970's ahead for the global economy; investors are advised to anticipate increased volatility in the coming weeks, if not sooner.
⦁ Cash-Is-King as markets test the May low prices in US equities hold; a buying opportunity could unfold.
⦁ Tangible assets, including the precious metals remain appealing candidates amid multiple risk-factors: inflation, rate-hikes, geopolitical concerns and erosion in purchasing power of paper-assets.
⦁ Ralph Acampora expects US equities to be more attractive later in 2022
⦁ If domestic equities market hold above his red-line support, the bulls may regain control and record new-highs by 2024.