Crash coming this year or next

If the crash doesn’t come this year, it will come next year, warned Malcolm Penn, CEO of Future Horizons (pictured) at IFS2022. “Enjoy the Super-Cycle,” urged Penn, “if It lasts through 2022 it will crash in 2023. Capex expansion bragging rights are now out of control (Especially Intel, plus Samsung, SK-Hynix & TSMC all talking ...

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