For those of you who might be wondering if Mike finally missed a market downturn, after having accurately nailed every single selloff and rally since March 2009.
The answer is NO.
Mike has been warning precisely about what we recently experienced this week in the stock market.
In fact, he has been stressing that China would continue to devalue the yuan, causing big problems for Asia and emerging markets.
Accordingly, without going into too much detail, Mike has been advising his research clients to build a very large cash position for several months.
(we do not have time to illustrate this right now)
What does the future hold for the capital markets?
If you want to lose your ass, pay attention to the media. We have proven this to be the result.
No one has a crystal ball, but if anyone knows it’s Mike Stathis.
His forecasting record is already legendary. See for yourself below.
July 2015 Global Economic and Market Forecasting
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