2020 Crash Compared to The Great Crash 1929 (Recorded Tuesday 30th June 2020)

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Jun 302020
 

Re-Run of the Great Depression? (Recording on YouTube)

The recordings of both parts of Mick’s research, “Are we witnessing a Re-Run of the Great Depression of 1929-1932?” are now available on YouTube. Part 2 originally premiered on Tuesday 30th June 2020, with Part 1 having been recorded on 29th June 2020.

Part 1: Setting the Context

Part 1 is 8m 58s long and contains Mick setting out the context of the 1929 stock marketcrash, referring to the book ‘The Great Crash 1929’ by Professor J.K.Galbraith.

Part 2: The Detailed Research

Part 2 is 24m 54s long and contains Mick outlining his original research and analysis, revealing some surprising results as you will see. Mick also explains his concerns about the role that ETF’s might well play in the potential turmoil over the next two to three years.

Please share with your friends and colleagues that have an interest in DIY-Investing and may benefit from the insights revealed in these recordings.

As ever, please do your own research (DYOR) and make up your own minds accordingly.

If you have any comments or observations, regarding the above, then please use the contact us form Here.

Mick (Updated: 13th July 2020)

 

 

Can we learn from history? [Part 1: 29th June 2020]

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Jun 292020
 

Can we learn from history? [29th June 2020]

In Part 1 of this original piece of research, Mick Pavey sets the context for his comparison of the stock market crash (Spring 2020) with the 1929 crash and the subsequent ‘Great Depression’.

Part 2, covering the analysis and revealing some previously unreported similarities, will follow shortly…

As ever, please do your own research (DYOR) and make up your own minds accordingly.

If you have any comments or observations, regarding the above, then please use the contact us form Here.

Mick (29th June 2020)

Coordinated Central Bank Intervention! (15th March 2020)

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Mar 152020
 

Coordinated Intervention in Markets

This evening, Sunday 15th March 2020, five central banks across the World took coordinated action… see the BBC report below!

I’ll be setting up an interim webinar for Inner Circle members to discuss the ongoing situation, so watch out for an e-mail with registration details tomorrow morning.

Mick (Sunday 15th March 2020, 22:45 GMT)

Interest Rate : Emergency Cut (11th March 2020)

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Mar 112020
 

Bank of England Cuts Interest Rate by 0.5%

At 7am this morning, in a response to the economic impacts of the Coronavirus, the Bank of England Monetary Policy Committee (MPC) has cut interest the BoE interest rate by 0.5% (from 0.75 to 0.25%) matching the record low level that was set in August 2016 (and lasted until November 2017). Mark Carney, the outgoing BoE Governor sets out the MPC’s reasons in the BBC presentation (below)…

Mick’s Thoughts

Even before the Coronavirus came along, there were stress signs beginning to emerge in the economy and the stock market had been on a record bull run. Covid-19 has provided the ‘supply shock’ that has pricked the economic bubble – that has been continually pumped up by the endless printing of new money. IMHO, there could be a lot of shrinking to do. Using this interest rate ‘weapon’ now and no doubt, with the spending spree shortly to be announced in the budget… inflation will likely become an increasing threat. If the virus does have anything more than a short-term affect on output, contributing to loss of confidence and ultimately a (possible global) recession and an increase in unemployment, could we end up with a bad dose of ‘Stagflation’?

As ever, please do your own research (DYOR) and make up your own minds accordingly.

If you have any comments or observations, regarding the above, then please use the contact us form Here.

Mick (11th March 2020)