World Economy Forecasted to Shrink 6%

Today, I want to use my favorite top down analysis approach when looking at the markets -- so let's begin with the global markets.

Global shares opened lower today with investors cautious after a gloomy forecast for the economy was announced.

The Organization for Economic Cooperations and Development (OECD) had a clear message regarding the economy: This is the worst downturn it has faced in a century.

Best-case scenario is that the world economy will shrink by 6%... maybe with a modest pick-up in 2021.

And based on this estimate in their analysis, I can see why.

In today's video, I'm also covering which sector/industry will lead… which stock I like best… and a walkthrough on how to select options, strike price and expiration date.

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