If you think the recent bounce in the Dow and other world markets means an end to this year’s opening curtain of turbulence, think again and instead, fasten your seatbelts. The fact is you haven’t seen anything, yet.
In the weeks ahead, the Dow Industrials will fall as low as 13,938 … the S&P 500, as low as 1,353.00.
After some pullbacks, the dollar will stair-step higher this year to over 112 on the Dollar Index, roughly a 13% gain. The euro, conversely, will plunge to 0.91, or worse. The pound sterling will crash into the 1.30 level. And even the Chinese yuan will suffer one blow after another.
