Art Hogan predicts market instability in June
The financial markets have taken a predominantly bullish stance but this market bull is saying investors should not get too comfortable yet.
The managing director of the National Securities Corporation, Art Hogan, is calling the attention of investors to an incoming bearishness that he says will affect stocks, cryptocurrency, FOREX, and more.
Hogan said that the incoming inflation is a major contributor to the pending decline in the financial markets at large. Other contributing factors are the excesses incurred in the valuation of the opening trades of companies within the technology, electronic vehicles, and cryptocurrency market/industry.
Art Hogan’s counsel to investors is to stay away from placing large and aggressive trends on assets regardless of how promising they look, particularly if they have experienced bearishness in recent times.