Stock market crash is inevitable, the expert said the cause
On the background of current market dynamics, I think it necessary to reiterate his position. Donald trump with their trade barriers, the domestic political battle in the United States and rising interest rates around the world will make their bearish case. Next year, the S&P will be about 1800-2000 points, the index Masuri will be a maximum of 1500 points.
The fall into the abyss is inevitable, perhaps it will cost a Trump presidency. Russians in General stock prices are indifferent and the exchange rate will depend on the position of the Bank of Russia. Recently a statement was made about a possible Russian QE and currency intervention. At the time, Tatyana Paramonova, acting Chairman of the Central Bank of the Russian Federation in 1994-1995, was a master of such stories. It then stabilized the ruble in an almost hopeless situation and brought down inflation to acceptable values. All new – well forgotten old, do not be surprised if in 2019 against the backdrop of global crisis will be Russia introduced a currency corridor. And there will be a denomination of the ruble in the ratio of 1 to 100, and the dollar will again be at 70 cents.
The Director of analytical Department,