The world economy’s uncertain outlook could prompt a second stock market crash in 2020. Risks such as political challenges in North America, Brexit and the ongoing coronavirus pandemic may contribute to weaker investor sentiment that sends share prices lower.
Furthermore, market declines have taken place fairly frequently in the past. Therefore, planning ahead for their occurrence could be a prudent strategy.
Through buying the best companies at the lowest prices today, you may be in a strong position to survive a market downturn and prosper from its recovery.
The risk of a second stock market crash
As mentioned, a second stock market crash could realistically occur in the near term. Although many stock prices have rebounded…