Whilst us, long suffering VRC shareholders, watch the empty...

Whilst us, long suffering VRC shareholders, watch the empty space in VRC's announcement box, hoping that some good news may appear, including funding, it is also a very sound strategy to keep an eye on the ASX, the Dow and the global markets!

The Dow Jones fell 460 points Friday which triggered the ASX's fall today. Avery important US market indicator line was crossed last Friday. Called the"Yield Curve Indicator", the graph crossing the indicator line has "preceded every recession over the last 60 years!" With Australia already in one form of technical recession, and perhaps heading for a full-on recession, there is nervousness in the market that may affect investors tasking risks and their willingness to invest in spec stocks? The US declining into a recession, would be a disaster for the ASX and its share prices right across the whole board.

So, investors are being advised to maintain a vigilant approach to their investments and determine their strategies if the Dow continues to fall and if indeed the US heads into a recession.

Of course, some good news from VRC would reduce the risks of owning this stock,and with a probable recession cloud hanging overhead, the sooner that VRC can produce some good news and secure the funding, the jolly better it will be for us all!

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"A once-in-a-generation financial disaster is looming — and everyday Aussies will be caught up in the fiasco, an Australian economist has warned! The official countdown to “economic Armageddon” had now begun, with a US recession, based on the historical experience, likely to commence in the next three to 27 months."
https://www.news.com.au/finance/markets/world-markets/inverted-yield-curve-a-signal-of-looming-financial-collapse-expert-warns/news-story/7b0768a48b64236c96bfda4002024de3