⦁ 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.
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
