"The Everything Bubble Has Burst…The Crash Is Here"
Dec 8, 2018 14:03:03 #
"The Everything Bubble Has Burst…The Crash Is Here"
Posted: 07 Dec 2018 12:02 AM PST
by Graham Summers
"Stocks will be opening down today… as in DOWN. As bad as it’s looking, things were actually much worse a few hours ago. The initial drop was so massive that the futures exchange intervened to stop the carnage. And things are only going to be getting worse from here.
The #1 question I have received is, “How will we know when The Everything Bubble has burst?” My answer was always: “When debt contagion spreads to systemically important asset classes, the Everything Bubble has burst.” We are now there.
Floating bonds are IMPLODING.
Even worse, corporate bonds, of which the IMF believes some $1.2 TRILLION will default during the crisis, have taken out both their bull market trendline AND CRITICAL SUPPORT.
Put simply, we are now at the point at which junior debt markets are blowing up. It’s no longer a question of IF we CRASH, it’s now a question of WHEN."
- http://www.investmentwatchblog.com/
Posted: 07 Dec 2018 12:02 AM PST
by Graham Summers
"Stocks will be opening down today… as in DOWN. As bad as it’s looking, things were actually much worse a few hours ago. The initial drop was so massive that the futures exchange intervened to stop the carnage. And things are only going to be getting worse from here.
The #1 question I have received is, “How will we know when The Everything Bubble has burst?” My answer was always: “When debt contagion spreads to systemically important asset classes, the Everything Bubble has burst.” We are now there.
Floating bonds are IMPLODING.
Even worse, corporate bonds, of which the IMF believes some $1.2 TRILLION will default during the crisis, have taken out both their bull market trendline AND CRITICAL SUPPORT.
Put simply, we are now at the point at which junior debt markets are blowing up. It’s no longer a question of IF we CRASH, it’s now a question of WHEN."
- http://www.investmentwatchblog.com/
Dec 8, 2018 18:39:41 #
maximus
Loc: Chattanooga, Tennessee
pafret wrote:
"The Everything Bubble Has Burst…The Crash Is... (show quote)
The first two mentioned were Facebook and Google. After censoring only conservatives who were never violent and NEVER having censored ANY left tirade, I find it interesting that these two unconstitutional companies are even in business, much less hoping to make a profit. I don't know about Netflix, but all the other companies listed in the top 7 are liberal owned and biased...could this be a sign? Everybody should just sit back and relax and let those liberal c***ter companies reap the harvest they have sown. If you're invested in them, you should'a picked a better company and not just went for the money.
Dec 8, 2018 21:22:10 #
pafret wrote:
"The Everything Bubble Has Burst…The Crash Is... (show quote)
>>>
Well I’ve been calling it all year long and then there’s the Controlled demolition by the Bankster families...
but who knows ?
On Monday the Dow could recover 800 ?
Or crash 500 more ?
I know one guy called a 6,000 point drop and then another 5,000 to 10,000 in 2019 ...
Others say it’ going to 30,000 DOW ?
Wtf over ?
Dec 10, 2018 03:19:17 #
Black Monday? We are headed for a worse "adjustment" than 2007/2008.
The brakes should have been put on banks and the market then and they were not.
The brakes should have been put on banks and the market then and they were not.
Dec 10, 2018 15:13:35 #
woodguru wrote:
Black Monday? We are headed for a worse "adjustment" than 2007/2008.
The brakes should have been put on banks and the market then and they were not.
The brakes should have been put on banks and the market then and they were not.
>>>
Anything is possible going forward now Guru so people are going to head for the exits and start cashing out...
Let wait till the market closes today to see what happens.
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