By Michael Snyder Those that watched their stocks steadily increase in value for years are now seeing all of that “wealth” disappear at a staggering pace. The only way you actually make money in the stock market is if you get out in time, and many Americans are discovering that all or most of … Continue reading
Michael Snyder, the author of The Economic Collapse Blog, has been bearish across different asset classes for a long time now and the recent months prove, with high probability, his predictions could be extremely accurate this time. In his latest piece he says the following: After enduring their worst August in 17 years, U.S. stocks are … Continue reading
By Michael Snyder After enduring their worst August in 17 years, U.S. stocks are off to their worst start to a September in 13 years. Just yesterday, I declared that we would be entering the “danger zone” this month, and it didn’t take long for the action to begin. Historically, this month is the worst month … Continue reading
By Michael Snyder On Monday, the Dow Jones Industrial Average plummeted 588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days. But the amazing thing is that the Dow … Continue reading