XJO - Week-end Charts and Chat. 13/14/June, page-15

"Dow and global stock markets will grind lower for the next 18months,"

I doubt that. Even the FED is predicting GDP growth in 2021 to be 5% and that's not far away. Also, this is an election year and Trump has his man in the FED with trillions ready to pump into the market. If the market is up and the virus is down Trump will landslide back in. If the opposite is true, Trump has no chance. No doubt, Trump will be loading up during the shakeout, so will I.