Last updated on December 17th, 2022 at 02:00 pm
Some of the most famous Fortune 500 companies will never be profitable because of the highly likely stock market collapse.
Amidst the “unprecedented” times comes a predictable stock market collapse at some point in 2022. Markets rise and fall, but this time, it’s gonna get serious.
The stock market will collapse before June 2022 as more people realize some of the most famous Fortune 500 companies will never be profitable.
88% of the companies from 1955 have either gone bankrupt, merged with — or were acquired by — another firm. Or they still exist but have fallen from the top Fortune 500 companies.
The combination of artificial intelligence, robotics, and the Internet of Things (IoT) will result in a massive dislocation of jobs over the next five years.
Many people think that the market will rebound, and we’ll be back to where we are now, but I disagree. The market is going to tank, and it will take a lot of people down with it.
Look at what’s happening in the world today
Sears is filing for bankruptcy. Toys “R” Us is filing for bankruptcy. JCPenney is closing stores. Macy’s is closing stores.
What does this tell you?
Since 2022 started, the S&P 500 has fallen 8% from its all-time highs at the beginning of January, says U.S. News. This has investors worried about the potential stock market collapse creeping up right around the corner.
“IN 2022, WE MAY WELL WITNESS A STOCK MARKET CRASH.”
Factors such as high inflation, midterm elections, rising margin debt, a crypto crash, and the rise of COVID-19 variants all play a role in our destined stock market collapse.
Nasdaq.com also says that, “We’re now 22 months removed from the pandemic bear market bottom and have yet to see a double-digit percentage pullback in the S&P 500. History would suggest it’s coming, and sooner rather than later.”
What you can do when the stock market collapses
I keep preaching about this all the time — nothing is certain.
Markets crash, go up and down, crypto even is a volatile market, and so are many other things. You have to be careful about where you’re investing your money nowadays.
One way to prepare yourself for the uncertainties of life is to educate yourself. Build a foundation for a business that consistently brings in cash flow and a reliable system that isn’t reliant on volatile markets.
Wanna learn more about how you can build a life of freedom and wealth?
At 10X Growth Conference 2022, my billionaire entrepreneur friends and speakers will tell you what you must do now to build a successful business and never rely on poor markets.