Market Bloodbath Ahead as New Tariffs Hit
The S&P 500 just flashed a signal that could make 2000 and 2008 look tame. Gareth Soloway, Chief Market Strategist at Verified Investment, tells Daniela Cambone that “blood is in the water.” Monday’s reversal—a gap above all-time highs collapsing into a close below recent lows—is the classic trap: institutions dumping into retail FOMO.
Soloway sees a potential 30–50% drawdown, dot-com style, as “buy the dip” finally fails. Gold may wobble before surging, silver eyes $34.65, and Bitcoin could crater with equities. His contrarian bet? Chinese stocks in H2. The herd still cheers—just as the trap door creaks open.
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