What has been happening on Wall Street the past few days has been nothing short of stunning. By Michael Snyder On Thursday, the Dow Jones Industrial Average plummeted 358 points. It was the largest single day decline in a year and a half, and investors are starting to panic. Overall, the Dow is now down … Continue reading
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. By Michael Snyder The truth is that what matters to people in this country is the health of their … Continue reading
Yields on the riskiest junk bonds are absolutely soaring and the price of copper just hit a fresh six year low. To most people, those pieces of financial news are meaningless. But if you understand history, and you are aware of the patterns that immediately preceded previous stock market crashes, then you know how how huge … Continue reading
By Erik Feyen, Swati Ghosh, Katie Kibuuka, and Subika Farazi In the wake of the Global Crisis, various developed economies pursued unprecedented, extraordinary monetary policies (EMPs) to rekindle domestic economic growth and battle disinflationary pressures. This was done mainly via (promises of future) ultra-low policy rates and large-scale asset purchasing programmes (LSAPs) designed to lower long-term … Continue reading
In an eerie repeat of what we witnessed in 2008, U.S. stocks are steadily sliding throughout the summer as we head toward the month of September. By Michael Snyder From August 1st, 2008 to September 1st, 2008 the Dow fell by nearly 700 points. And of course we all remember what happened the following month. … Continue reading
Will there be a financial collapse in the United States before the end of 2015? By Michael Snyder An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis. Of course that doesn’t mean that it will happen. Experts have been wrong before. But … Continue reading
The month of August sure has started off with a bang. Tech stocks are crashing, oil is crashing, industrial commodities are crashing, Greek stocks crashed the moment that the Greek stock market reopened for trading, and Chinese stocks continue to crash. By Michael Snyder At this point we have not seen a broad crash of … Continue reading
Are you ready for what is coming in August? All over America, economic, political and social tensions are building, and the next 30 days could turn out to be pivotal. By Michael Snyder In July, we saw things start to turn. As you will read about below, a major six year trendline for the S&P … Continue reading
Can you feel the panic in the air? CNN Money’s Fear & Greed Index measures the amount of fear in the financial world on a scale from 0 to 100. The closer it is to zero, the higher the level of fear. Last Monday, the index was sitting at a reading of 36. As I … Continue reading
Was last week a preview of things to come? There are quite a few people out there that believe that the stock market would begin to decline in July, and that appears to be precisely what is happening. By Michael Snyder Last week, the Dow Jones Industrial Average fell by more than 530 points. It … Continue reading