UK 08:51 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I am a bear at a macro level. I see the global economy slowing and heading towards recession as we approach 2027 and that will be reflected in stockmarket weakness. When the tide goes out you get to see who is swimming with no trunks. Those who will be exposed at that point are the frauds, those with no earnings visibility, those running out of cash and those whose valuations are fueled by hopium and are just crackers.
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