Here’s why:
- 🐒 Monkeypox Global Health Emergency declared by WHO.
- 📉 Recession expected to start in 2025-2026.
- 🌍 War in Ukraine and the Middle East adding to global instability.
- 💼 BlackRock and Wall Street have bought too much Bitcoin, leading to concerns about centralization.
- 📈 Inflation is creeping back, putting pressure on the economy.
- 📊 Unemployment Rate is on the rise, signaling potential economic downturns.
- 🤖 AI stocks like NVIDIA are overvalued— a correction could pull down the S&P 500.
- 💰 Warren Buffet is holding $277 billion in cash and has sold 50% of his Apple stake.
NOT FINANCIAL ADVICE!!!
Happy Weekend, FAM! 😅
