Is the Stock Market about to Crash?

Zach DeGregorio, CPA
www.WolvesAndFinance.com

The stock market has been very volatile. It has been up. It has been down. One question I receive a lot is, “what should people do with their investments?” Those of you who watch my channel know, I do not give investment advice on this channel or predictions for stocks. So I cannot help you out there. But I do know a lot about accounting history, and so I want to talk in this video about how market crashes work. And hopefully you will be able to take this information and make your own investment decisions for what makes sense for your own situation.
If you go back through all the market crashes that have happened in the United States, there are three main things that always happen.
1) The stock market crash is a front-page story in the New York Times
2) A Fortune 500 company goes bankrupt
3) Someone goes to jail
So far we have not had any major company go bankrupt or anyone go to jail. As I said before, next week will be week 4 of the National Emergency, which will be a very important week for the United States. So it is up to you to decide if the current market crash of 2020 will follow the pattern of history, or rebound on it’s own in a brand new way. I am going to leave this up to you guys. Why don’t you leave your prediction in the comment section down below. Will the market go up? Stay flat? Or go down?

Neither Zach De Gregorio or Wolves and Finance shall be liable for any damages related to information in this video. It is recommended you contact a CPA in your area for business advice.