With the Dow comfortably above 18,000 and the Nasdaq near 5,000, today a 50-year market veteran warned King World News that with 93 million people already unemployed in the United States, the coming nightmare will be multiples of the Great Depression. He also spoke about the action in the gold and silver markets. John Embry: “I’m so frustrated by the bogus market action that I don’t[...]
Tag: stock market crash
Richard Russell – World’s Disastrous Situation To Produce The Greatest Bear Market In History
As people continue to digest breaking news out of Greece and around the world, the Godfather of newsletter writers, 90-year-old Richard Russell, warns that the world's disastrous situation will produce the greatest bear market in history. Russell also shares his strategy for surviving the coming chaos. Richard Russell: "Today everybody watches the news with the intensity of a barn owl[...]
50-Year Veteran – This Global Crisis Is Incredibly Dangerous And More Western Government Theft Is On The Way
With continued uncertainty in global markets, today a 50-year market veteran warned King World News that people should not believe the Western mainstream media because this crisis has now become incredibly dangerous. He also discussed the coming theft of people's money by Western governments. John Embry: “I must say that the current news in virtually all areas must be very troubling for[...]
‘Near Perfect’ Indicator That Precedes Almost Every Stock Market Correction Is Flashing A Warning Signal
By Michael Snyder, on December 4th, 2014 Are we about to see U.S. stocks take a significant tumble? If you are looking for a “canary in the coal mine” for the U.S. stock market, just look at high yield bonds. In recent years, almost every single time junk bonds have declined substantially there has been a notable stock market correction as well. And right now high yield bonds are steadily[...]
What Bond Traders Are Saying: “It Won’t Be Pretty”
With rates seemingly flip-flopped today (yields higher as stocks drop), we thought it worth skimming what the smart money in the bond market is thinking. As RBS Strategist Bill O'Donnell warns, "Janet must act like a diving instructor, hoping to bring levels to the surface without giving the economy the bends. What makes it really risky for Janet is that financial sector regulation has created a[...]
Another sign the bull market (in stocks) is nearing its end
Analysis: Companies no longer want to buy their own shares, a worrisome sign By: Mark Hulbert - MarketWatch CHAPEL HILL, N.C. (MarketWatch) — Here’s another sign the bull market in stocks may be nearing an end: Companies have dramatically reduced share repurchases. New stock buybacks fell to $23.2 billion in June, the lowest level in a year and a half, according to fund tracker TrimTabs[...]