Mortgage Blog

Wealthy people are worried about turbulent 2020

November 12th, 2019 3:57 PM by Eric Fang

Here is the link: Some of the World’s Richest Brace for a Major Stock Sell-Off

Here is the summary:
1)They hold 25% cash now
2)They think the market will have a significant drop in 2020

Mainly they are concerned about:
1)trade war wit China
2)US Election in 2020
3)investment environment is more challenging than 5 years ago.

 


Posted in:General
Posted by Eric Fang on November 12th, 2019 3:57 PM

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