Ankit Yadav Wealth Manager (USA) who never went wrong with indications predicts a possible global recession in 2023
The stock market is soon going to adjust so the investor needs to diversify their portfolio well. In economics, Ankit said that this is well going to be W shape recovery in 2025-26.
Ankit Yadav, Wealth Manager (USA), who is famous for his economic prediction, alarms the global market that a possible recession may come in 2023-24.
Ankit before the pandemic exited from his portfolio in November 2019 publicly on YouTube, saying that the market may crash in 2020. The reason he gave at that time was inverted bond yield.
The Wealth Manager in 2019 said, the yields of the USA got inverted; therefore, I’m exiting from stock market. The market may soon crash. In 2020, global stock market crashed up to extent of 30-50 per cent due to Covid outbreak.
Besides, so far, Ankit never went wrong in his economic projections. He predicted the crude oil may touch US$ 90. He was pretty right. He said inflation is forthcoming in 2020 and again he went right. Now the biggest distress and alarming condition is that Ankit rang the alarm again and said that the possible recession is approaching in 2023-24.
The reason as he earlier told is the Inverted Bond Yield.
The secret matrix that he used for economic and stock market prediction is Bond Yields.
It has been figured out that the inverted bond yield concept in past never went wrong and was accurate enough to predict the upcoming crash. The yield curve refers to the chart of current pricing on US Treasury by maturity. Yield inversion is the term which is popularized by Ankit, Wealth Manager (USA) and he used it when long term rates were lower than the corresponding short terms.
Current yield rates according to Ankit Yadav
Current rates are around 0.42 per cent as of 12.02.22 which shows the sign of flattening and could possibly invert. As soon as yield turns negative there is a 95 per cent chance of possible recession. Currently, it is sitting at 50 per cent indicating possible recession in 2023-24, which is alarming for investors and the stock market.
According to Ankit, inverted yields in history so far never ever went wrong and predicted every recession in past, whether it is 1957, 1974, 1987, 2000 or 2008.
So thinking that “This Time Is Different” is going to be very explosive words for investors.
The stock market is soon going to adjust so the investor needs to diversify their portfolio well. In economics, Ankit said that this is well going to be W shape recovery in 2025-26.
The yields are not inverted yet but this is certainly the matrix to watch in 2022 ahead of the global recession which may possible in 2023-24, asserted Ankit Yadav, Wealth Manager (USA).