Hi Selfmaderishes, Not sure if anyone answered this but generally it takes some sort of significant event to create a down turn. In 08/09 it was the GFC which was created due to some major USA banks bundling bad mortgages and selling them to buyers around the world. In Feb/Mar this year as we all now know it was Covid. When ever there is a threat to an economies ability to create revenue and grow, a down turn is likely.
Current price is amazing but it is due to fundamentals in the US being weak and fears over a slowing growth which may not start recovering until 1st or 2nd quarter next year, We still may have room to head up...
Price at posting:
1.3581 Sentiment: None Disclosure: Held
