By Michael Snyder There are some who believe that the next great financial crash will not begin in the United States. Instead, they are convinced that a financial crisis that begins in Europe or in Japan (or both) will end up spreading across the globe and take down the U.S. too. Time will tell if they are ultimately correct, but even now there are signs that financial trouble is already[...]
Tag: crash
Dow 17,000 is on the wrong side of history – MarketWatch
David Weidner's Writing on the Wall - July 8, 2014, 6:16 a.m. EDT Opinion: Since 1929, stock-market rallies have had things in common that this one doesn’t SAN FRANCISCO (MarketWatch) — Today’s bull market is the fourth biggest since the 1929 crash after stocks have nearly tripled since the financial-crisis low set in early 2009. But more than any modern bull market, this one stands[...]
Why interest rates may stay very low for a lot longer – LA Times
By Tom Petruno July 6, 2014 Since the financial crash of 2008, one of the biggest guessing games in the U.S. economy and markets has centered on interest rates — and when they would finally rise from the historic lows that followed the Great Recession. But year after year, analysts who predicted a sustained rebound in rates have been foiled. The long stretch of rock-bottom rates has been[...]