Stock market to crash in 2021?
2020 has been an eventful year, to say the least. When COVID-19 strikes, we witnessed the stock market entering into a bear market territory in record time. At the height of the COVID-19 driven market sell-down back in March/April 2020, few would have expected an equally “fast and furious” stock market recovery amid a global recessionary scenario.
I wrote an article back in April 2020 titled: When to buy stocks in a recession? The ideal time to pick a bottom.
I provided 3 concrete scenarios where one can look to pick a bottom in the stock market.
Needless to say, I was one of those that was totally caught “off-guard” by the swift recovery of the stock market. I will provide an update on this matter later.
Many who exited the market during the March/April 2020 COVID-19 driven market sell-off is still sitting on the sideline, waiting for the stock market to crash to better time an entry....