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Podcast: ITM Trading Podcast
Episode: 2008 on Steroids: Global Financial Reset, Millions of Retirements at Risk
Description: "What’s coming up is gonna destroy millions—tens of millions—of retirees’ retirements if they are not careful,” warns Chris Vermeulen, founder and chief investment officer at TheTechnicalTraders.com. In an interview with Daniela Cambone, he lays out a highly bearish outlook for financial markets, forecasting a severe economic downturn that he believes could rival or surpass the 2008 financial crisis. “To me, it looks like a stage four, which is a financial reset—kind of like the tech bubble, the 2008 financial crisis."Vermeulen predicts the S&P 500 could decline by as much as 47–55%, echoing the scale of past collapses. He al...