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Keyword: market

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  • The market is going to suck for the next 10 years, you're going to have to double your life savings

    04/27/2016 5:26:17 PM PDT · by SeekAndFind · 37 replies
    Business Insider ^ | 04/27/2016 | Rachel Butt
    The "golden age" of stock market returns is over.That's the summary of a big piece of research from the McKinsey Global Institute (MGI), which estimated returns over the next 20 years in US and Western European markets under two scenarios. The first assumes that today's slow-growth environment remains, while the second models faster growth as technology improves.It concluded that in neither case would returns match those of the past 30 years. For US and European stocks, the difference between past and future annual returns could range from 1.5 percentage points to 4 percentage points. The gap for fixed-income could be...
  • NYT Best-Selling Author Predicts Significant Stock Market Decline in 2016

    04/15/2016 12:51:36 PM PDT · by Innovative · 30 replies
    Fox Business ^ | March 28, 2016 | Fox Business
    Indeed, thanks to a number of global pressures including fears of a worldwide economic slowdown, Wall Street saw the worst-ever 10-day start to a year in January. The major averages saw steep declines that sent the Dow Jones Industrial Average and the Nasdaq Composite into correction territory. However, Wall Street has managed to claw back from steep year-to-date losses – with the Dow back in positive territory for the period -- as U.S. economic data show the domestic economy remains on the path to recovery and the Federal Reserve continues to hint more rate hikes are in store for the...
  • Business in America: The problem with profits (lack of competition)

    03/29/2016 2:19:55 AM PDT · by BlackAdderess · 13 replies
    The Economist ^ | March 26, 2016 | From the print edition
    AMERICA used to be the land of opportunity and optimism. Now opportunity is seen as the preserve of the elite: two-thirds of Americans believe the economy is rigged in favour of vested interests. And optimism has turned to anger. Voters’ fury fuels the insurgencies of Donald Trump and Bernie Sanders and weakens insiders like Hillary Clinton. The campaigns have found plenty of things to blame, from free-trade deals to the recklessness of Wall Street. But one problem with American capitalism has been overlooked: a corrosive lack of competition. -snip- The second step is to make life easier for startups and...
  • I Believe a Broadening Market Top Is In Place

    03/16/2016 5:08:54 AM PDT · by expat_panama · 3 replies
    Real Clear Markets ^ | March 16, 2016 | Doug Kass
    "Can I get an amen?" -- Reverend LeRoy, The Church of What's Happening Now, The Flip Wilson Show As I've previously noted, I believe a broadening and important market top is in place, and that a relatively meaningful portion of stocks' daily moves are exaggerated by gamma hedging, risk parity and other quant strategies. If I'm correct, buying on strength in an attempt to sell on more strength isn't advisable -- and it's certainly not the route that I'm taking in today's market. Let's look at why: Fundamentals I remain cautious on a market that's characterized by: * Wobbly fundamentals...
  • Humanity At A Crossroads: Deliberately Created Systemic Risk Coming Apart

    02/11/2016 11:35:42 AM PST · by IDontLikeToPayTaxes · 12 replies
    youtube.com ^ | 11 Feb 2016 | Gregory Mannarino
    I've been watching this guy for a few years. He's a market analyst type that does a lot of commentary about the direction of the stock market and the economy in general. He's one of the few guys whose opinion I trust. He's been doing financial commentary for years and is also a medical doctor. Quite a resume! Anyway, enjoy! Here is the link: Today's market analysis: Humanity at a Crossroads
  • Stock Market in 2016 compared to 2008

    02/06/2016 1:38:37 PM PST · by entropy12 · 13 replies
    Feb 06, 2016 | Self
    Chart comparing 2008 market behavior with 2016. But it is still too early in the year and 2016 may not repeat the stock market of 2008.
  • Wall Street braces for more big losses after China rout

    01/07/2016 4:47:31 AM PST · by MeneMeneTekelUpharsin · 7 replies
    CNN Money ^ | 8 January 2016
    Wall Street braces for more big losses after China rout... more at link
  • The Stock Markets of the 10 Largest Global Economies Are All Crashing (And the media is silent)

    09/28/2015 6:25:25 AM PDT · by xzins · 55 replies
    Charisma News ^ | 28 Sep 15 | MICHAEL SNYDER
    You would think that the simultaneous crashing of all of the largest stock markets around the world would be very big news. But so far, mainstream media in the United States are treating it like it isn't really a big deal.Over the last 60 days, we have witnessed the most significant global stock market decline since fall 2008, and yet most people still seem to think that this is just a temporary "bump in the road" and that the bull market will soon resume. Hopefully they are right.When the Dow Jones Industrial Average plummeted 777 points on Sept. 29, 2008,...
  • DOW, S&P CLOSE LOWER IN BIGGEST REVERSAL SINCE OCT. 08

    08/25/2015 1:46:38 PM PDT · by familyop · 38 replies
    CNBC ^ | Aug 25, 2015 | Evelyn Cheng, Peter Schacknow
    The Dow Jones Industrial Average closed down 204.91 points, or 1.29 percent, at 15,666.44, with Merck plunging 5.2 percent as the greatest laggard and Apple and Walt Disney the only advancers. The Dow transports also reversed intraday gains to close down 1.7 percent, solidly in correction territory. The S&P 500 closed down 25.6 points, or 1.35 percent, at 1,867.61, with utilities plunging more than 3 percent to lead all 10 sectors lower. The Nasdaq closed down 19.76 points. or 0.44 percent, at 4,506.49.
  • DONALD TRUMP Weighs in on Market Crisis: “I’ve Been Telling Everybody… China Could Bring Us Down”

    08/24/2015 12:21:48 PM PDT · by Enlightened1 · 71 replies
    Gateway Pundit ^ | 08/24/15 | Jim Hoft
    Donald Trump weighed in on the market crisis today. He even dropped the “d” word. "Depression- be careful of China! https://instagram.com/p/6xT08ZGhQc/" Donald Trump warned Americans on Instagram: “I’ve been telling everybody for a long time China is taking our jobs and taking our money. Be careful they’ll bring us down. You have to know what you’re doing. We have nobody that has a clue.” Donald also posted about the crisis on Twitter: "@ZephyrusMatrix: Will you finally get respect for predicting U.S. concerns even weeks before disaster strikes.The country needs a visionary"
  • BLACK MONDAY: CHINA STOCKS LEAD GLOBAL COLLAPSE

    08/24/2015 7:43:54 AM PDT · by Biggirl · 36 replies
    breitbart.com ^ | August 24, 2015 | Breitbart News,David Scutt,Business Insider
    The global market crash continued on Monday, starting with China and then continuing around the world.
  • Market Liquidity Worse Than During The Flash Crash; 4500 Crash Events; Constant Halts And Unhalts

    08/24/2015 7:40:42 AM PDT · by Enlightened1 · 17 replies
    Zero Hedge ^ | 08/24/15 | Tyler Durden
    Curious why few if any traders can actually execute any trades, whether buys or sells? The reason is that despite the relative calmness of the index prints, what is going on beneath the surface is an unprecedented wave of constant halt and unhalts as all stop levels were taken out, many in circuit breaker territory, making it virtually impossible for any matching enginge to, well, match buyers and sellers. Here is a sample:
  • GREAT FALL OF CHINA SINKS WORLD STOCKS DOW FUTURES -666 (Drudge Headline)

    08/24/2015 5:40:42 AM PDT · by tired&retired · 41 replies
    Drudge Report ^ | August 23,2015 | Drudge
    LONDON (Reuters) - Alarm bells rang across world markets on Monday as a near 9 percent dive in China shares and a sharp drop in the dollar and major commodities panicked investors.
  • Dow futures fall 160 points (possible massive sell off today)

    08/24/2015 2:24:49 AM PDT · by Enlightened1 · 35 replies
    CNBC ^ | 08/23/15 | Fred Imbert
    U.S. stock futures opened lower on Sunday after Wall Street recorded its worst day since 2011. Dow Jones industrial average futures opened down about 80 points and shed as much as 163 points before holding at about 124 points lower. S&P 500 futures opened down 12.50 points and fell as much as about 18 points before holding at about 14 points lower. Nasdaq futures fell 33 points at the open before falling as much as 44 points and were last down about 35 points. Asian shares sold off dramaticallyat their open as well, with Tokyo sharply lower and all eyes...
  • We Have Already Witnessed The First 1300 Points Of The Stock Market Crash Of 2015

    08/21/2015 8:51:46 AM PDT · by Enlightened1 · 50 replies
    The Economic Collapse ^ | August 20th, 2015 | Michael Snyder
    What has been happening on Wall Street the past few days has been nothing short of stunning. 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 more than 1300 points from the peak of the market. Just yesterday, I wrote about all of the experts that are warning about a stock market crash in 2015, and after today I am sure that a lot more people will start jumping on the bandwagon. In particular,...
  • How Systems Get Tired

    08/20/2015 8:50:18 PM PDT · by TigerLikesRooster · 26 replies
    Pajama Media ^ | August 19, 2015 | Richard Fernandez
    How Systems Get Tired by Richard Fernandez August 19, 2015 - 2:42 am One of the arguments for the impossibility of an event is lack of previous failure. “It never failed before and thus can never fail ever”. The Washington Post’s editorial board invokes a variant of this logic to refute Donald Trump’s border policy, arguing there are so many illegal immigrants it is too expensive to deport them all, leaving no alternative but to accept more. Besides, America is still standing so what can be the harm in admitting more? The same argument is used to justify other policies....
  • Asian stocks swoon, with Shanghai Comp down 6.1% (Chinese stock market TANKS! Down 6.1%)

    08/18/2015 5:45:51 AM PDT · by Enlightened1 · 5 replies
    CNBC ^ | 08/18/15
    Mainland markets fall China's Shanghai Composite index accelerated the pace of decline in the afternoon session, closing down 6.12 percent at its lowest level since August 7, as concerns over the yuan eclipsed data which showed monthly home prices up for a third straight month in July, indicating that country's all-important property sector may be finally bottoming. Prior to the market open, the People's Bank of China (PBOC) set the midpoint rate at 6.3966 per dollar, firmer than the previous fix of 6.3969. However, the yuan fell against the greenback, slipping modestly to last change hands at 6.4011. Among the...
  • Doomsday clock for global market crash strikes one minute to midnight as central banks lose control

    08/16/2015 5:01:08 PM PDT · by Perseverando · 45 replies
    The Telegraph ^ | August 16, 2015 | John Ficenec
    China currency devaluation signals endgame leaving equity markets free to collapse under the weight of impossible expectations It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations. Photo: Reuters When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same...
  • N. Korea: 'Grasshoppers' make Pyongyang tick

    08/05/2015 7:55:21 PM PDT · by TigerLikesRooster · 9 replies
    Strait Times ^ | Aug 5, 2015
    'Grasshoppers' make Pyongyang tick published Aug 5, 2015, 5:00 am SGT North Korea's tough market rules forcing small traders to become illegal street vendors SEOUL • From the dark alleys of Pyongyang, the showpiece North Korean capital, tiny specks of torchlight shine carefully into the eyes of passers-by, leading to bustling and illegal street markets where traders, usually women, call out: "Buy, buy!" The maeddugi shijang, or "grasshopper markets", get their name from the lightning-quick way traders must pack up and hop from place to place to evade the authorities in a country making a grudging embrace of free enterprise....
  • US STOCKS-Wall St. Lower as Apple Slips to 6-month Low

    08/04/2015 1:30:48 PM PDT · by Up Yours Marxists · 49 replies
    Reuters ^ | August 4, 2015 22:42 UTC | Tanya Agrawal
    Aug 4 (Reuters) - Wall Street fell on Tuesday as Apple's shares remained under pressure, hitting their lowest in more than six months, and investors digested earnings reports from a host of companies. The iPhone maker's shares fell as much as 4.4 percent to $113.25, slipping firmly below their 200-day daily moving average, a key technical level closely watched by traders. The stock was also the biggest drag on the three major U.S. indexes. While there was no clear trigger for the selloff, traders said worries over a slowdown in China and skepticism over demand for iPhone 6s were likely...
  • Did China's Stock Market Crash Just End Economic Reform?

    07/05/2015 6:43:39 PM PDT · by BenLurkin · 22 replies
    forbes ^ | 7/05/2015 @ 9:59AM
    The beauty of markets is that they have a mind of their own. For the Chinese government, this has been a tough pill to swallow. Try as it might, the Chinese government was unable to arrest the decline in the domestic stock market last week. The central bank cut benchmark interest rates and the amount of money banks must keep with it on reserve. A government investment vehicle made it known that it was buying ETFs. The securities regulator eased regulations on margin trading and the Stock Exchange cut transaction fees. Despite this, the benchmark Shanghai Composite Index declined 12%...
  • Chinese Stocks Are Collapsing, Despite PBOC Hail Mary

    06/28/2015 8:40:36 PM PDT · by tcrlaf · 19 replies
    Zerohedge ^ | 6-28-2015 | Durden
    The bounce is dead. CHINEXT - China's tech-heavy high beta 'Nasdaq' - is down 5-6% today, 19% in 3 days, and 33% from highs in early June! All that pent-up demand to be ignited among the farmers and housewives of China thanks to a double rate cut (RRR and benchmark) enabled a mere 2.5% bounce in Chinese stocks at the open which has now completely been erased as Shanghai enters a bear market. Decidely not what the doctor ordered. And as The South China Morning exclaims, many Chinese investors who have a planned economy mindset, believing government should help them,...
  • China Stock Markets Witness Biggest 1-Day Point Crash Since 2008

    05/28/2015 7:46:31 PM PDT · by tcrlaf · 10 replies
    NDTV ^ | 5-28-2015 | NDTV
    China's stock markets plunged on Thursday, with indexes dropping over 6 per cent in record high turnover as investors rushed to sell after more brokers tightened margin trading requirements for clients and the central bank drained money market liquidity. The CSI300 index and the Shanghai Composite Index both slumped in late afternoon trade, ending down and 6.5 per cent, respectively, their worst day since January 19 when markets fell over 7 per cent on an earlier crackdown on margin trading. In terms of points shed, the two indexes suffered their heaviest single-day loss since 2008. The Shanghai Stock Exchange saw...
  • Thinking About China

    05/21/2015 6:39:18 AM PDT · by Sean_Anthony
    Canada Free Press ^ | 05/21/15 | Al Caruba
    China’s economic clout is real and growing rapidly, especially since the 2008 financial crisis. China has been the main engine of growth for the world’s economy since that time and, by some measures, has become the world’s number one trading state Napoleon Bonaparte purportedly said “Let China sleep, for when China wakes, she will shake the world.” As Thomas J. Christensen, the author of his recently published “The China Challenge: Shaping the Choices of a Rising Power”, reminds us, “For millennia China was arguably the greatest civilization on the planet and for many previous centuries its most powerful empire.” China...
  • Fed Chair Yellen says stock market prices 'quite high'

    05/06/2015 10:49:36 AM PDT · by xzins · 70 replies
    Yahoo Finance ^ | 6 May 15 | Martin Crutsinger
    Federal Reserve Chair Janet Yellen on Wednesday described stock market valuations as high and said the central bank was carefully monitoring their impact on financial stability. "I would highlight that equity market valuations at this point generally are quite high," Yellen said in conversation with Christine Lagarde, managing director of the International Monetary Fund, at an economics conference. Coupled with weak economic reports in the morning, her remarks drove stocks broadly lower in Wednesday trading. Yellen added, however, that the overall risks to financial stability are "moderated, not elevated" and she does not see the hallmarks of any bubbles. She...
  • Four signs that U.S. market momentum may be losing steam

    03/25/2015 11:38:02 AM PDT · by george76 · 4 replies
    Financial Post ^ | March 23, 2015 | Martin Pelletier
    I think about myself as like an ocean liner that’s been going full speed for a long distance, and the captain pulls the throttle back all the way to ‘stop,’ but the ship doesn’t stop immediately, does it? It has its own momentum and it keeps on going, and I’m very flattered that people are still finding me useful.” — Leonard Nimoy. There are many different factors that can influence markets, but among the most powerful is momentum for the simple reason that people find comfort and safety in doing what everyone else is doing. Investing professionals are well aware...
  • Il Silenzio

    03/15/2015 5:11:44 PM PDT · by Vanders9 · 30 replies
    About six miles from Maastricht, in the Netherlands, lie buried 8,301 American soldiers who died in "Operation Market Garden" in the battles to liberate Holland in the fall/winter of 1944. Every one of the men buried in the cemetery, as well as those in the Canadian and British military cemeteries, has been adopted by a Dutch family who mind the grave, decorate it, and keep alive the memory of the soldier they have adopted. It is even the custom to keep a portrait of "their" soldier in a place of honour in their home. Annually, on "Liberation Day," memorial services...
  • Is the stock market set for a major correction?

    The three most recent U.S. economic bubbles are Nasdaq dotcom (1995-2001 and peaked March 2000 [Beware the ides of March.]), housing (2001-2005), and Fed-O-Mania (2009 - ?).
  • Let's Talk Red Flags

    02/28/2015 9:54:41 AM PST · by Kaslin
    Townhall.com ^ | February 28, 2015 | Charles Payne
    The market has started to spin its wheels and that makes people nervous. I will lay out the red flags. I am not talking about the $18 trillion in government debt, the Fed's balance sheet, or the ticking time bomb of pensions, but trends that could arguably derail the stock market rally.Earnings are beating lowered estimates, but are yielding less than the twenty-year average. Sure, stock yields are attractive versus bond yields, but are they good enough to justify higher share prices? Here is the rub: consensus on earnings points lower and lower for this year, but it should reverse and...
  • In This Market, Don't Drink the Kool-Aid

    02/15/2015 11:20:15 AM PST · by Signalman · 8 replies
    Monday Morning ^ | 2/15/2015 | Michael Lewitt
    Stocks hit new records last week as central banks around the world continued writing checks to prop up still struggling economies, the price of oil stabilized, Vladimir Putin lured the West into a phony truce in the Ukraine, and Athens and the EU tried to pretend that Greece isn't hopelessly insolvent or that it even matters if it is or isn't. In other words, investors were once again all too willing to ignore economic reality and drink the Kool Aid being served by central bankers and politicians. We might as well call this the "Jonestown Market" because the cult leader...
  • Foreclosures skyrocket, jump 100 percent in Phoenix, Arizona

    02/12/2015 9:12:47 AM PST · by george76 · 30 replies
    Phoenix Business Journal ^ | Feb 11, 2015 | Mike Sunnucks
    There were more than 2,300 homes and condos in the foreclosure process last month. That is up 104 percent from December. Statewide that increase is 109 percent from January 2014. The jump in foreclosures comes as the Phoenix housing market tries to shake off a slow 2014 where low demand for homes and tough mortgage qualifications stymied sales. Foreclosure activity was also up in states such as Ohio, New Jersey, Maryland and California and metropolitan areas such as St. Louis, Los Angeles and San Francisco. The worst cities for foreclosures include Atlantic City, Las Vegas and eight Florida markets including...
  • What Experts Say about This Past Week--Investment & Finance Thread Jan. 25

    01/25/2015 10:11:11 AM PST · by expat_panama · 107 replies
    Weekly investment & finance thread ^ | Jan. 25, 2015 | Freeper Investors
    Considering the top headlines were about soft footballs this has to have been an easy no-brainer week for investments.  Maybe; here's what he experts are telling us:                     [excerpt from Investors Business Daily At Davos, Hypocrites Tell Rest Of Us To Lower Expectations]Former Vice President Al Gore listens to singer Pharrell Williams... [snip]...talking, of course, about the annual confab at Davos, Switzerland, ...[snip] "The purpose," said former vice president and climate-change entrepreneur Al Gore, standing with hip-hop star Pharrell Williams, "is to have a billion voices with one message, to demand climate action now." OK, so how about you flying commercial,...
  • Hundreds of body parts discovered in federal raid on suburban Chicago crematorium

    01/15/2015 5:19:53 PM PST · by Libloather · 24 replies
    Daily Mail ^ | 1/15/15 | Jill Reilly
    Hundreds of body parts have been discovered in a federal raid on a suburban Chicago crematorium as part of an investigation into the body part black market. FBI agents and agents with the Centers for Disease Control, wearing bio-hazard suits, raided two Cremation Services Inc. in Schiller Park on Tuesday. Biological Resource Center of Illinois in Rosemont, a body donation service, was also raided this week.
  • Possible female suspect from Kosher market in France caught on video escaping?

    01/09/2015 12:54:39 PM PST · by CivilWarBrewing · 29 replies
    CNN Video ^ | January 09, 2015 | CivilWarBrewing
    Watch the video at link, starting at 52 secs. The female shown bent down next to the motorcycle (center screen) had exited the Kosher market along with the other hostages (there is another CNN video which shows her exiting the market along with other hostages). Note that all hostages were immediately collected at the black police van, except for the woman next to the motorcycle, dressed in beige top with black skirt and stockings with white/black shoes who fled the scene, exiting out the top right hand corner of the video. I believe the other woman next to the motorcycle...
  • High school student scores $72M playing the stock market

    12/14/2014 1:14:21 PM PST · by SMGFan · 43 replies
    New York Post ^ | December 14, 2014
    He’s the teen wolf of Wall Street. A kid from Queens has made tens of millions of dollars — by trading stocks on his lunch breaks at Stuyvesant High School, New York magazine reports in its Monday issue. Mohammed Islam is only 17 and still months away from graduating — but worth a rumored $72 million. “The high eight figures,” is as specific as the shy and modest teen would get when asked his net worth.
  • Is this finally the end of the bull market?

    12/12/2014 3:07:28 PM PST · by Signalman · 24 replies
    CNNMoney ^ | 12/12/2014 | Paul La Monica
    Stocks plunged from mid-September through mid-October before staging a sharp rebound that culminated with the Dow hitting a new all-time high just a week ago on the back of a strong U.S. jobs report. Heading into this week, many investors were predicting that the Dow would soon top 18,000 for the first time. But the sharp sell-off in oil has changed all that. Crude prices are now below $58 a barrel, their lowest level in more than five years. Energy stocks have been hit hard as a result. However, oil stocks were not the only big losers on Friday --...
  • How well did the Fed's stimulus work? ($4 TRILLION quantitative easing drawing to a close)

    10/28/2014 2:56:42 PM PDT · by Libloather · 30 replies
    MSN ^ | 10/28/14 | MATTHEW CRAFT
    NEW YORK — Soaring inflation. A collapsing dollar. Bubbles in financial markets that would soon pop. One presidential candidate even suggested that the Federal Reserve chairman should be roughed up. Over the past five years, as the Fed has pumped ever-more money into the financial system, critics have warned that it would lead to all kinds of disasters. Yet the central bank kept extending its bond-buying program, known by the wonky name of quantitative easing, or QE. It was an unprecedented effort aimed at lowering borrowing costs, encouraging spending and reviving a dormant economy before it could slip back into...
  • I Don't Know…The Federal Reserve?

    10/08/2014 3:26:40 PM PDT · by Kaslin · 4 replies
    Townhall.com ^ | October 8, 2014 | Charles Payne
    Many of you may be too young to remember the American comedy duo, Abbott and Costello, and the old, infamous “Who’s on First” skit. The skit referred to nicknames of baseball players and the positions they played on the field, including “I Don’t Know” who played third base. A new survey reminded me of “I Don’t Know” is on third.Pew Research has released a survey stating that only 24% of Americans were able to name Janet Yellen as the current chair of the Federal Reserve. In some ways, it is not shocking the masses are not familiar with her; however,...
  • I have been in Europe for 5 months now and unlike the US, you can buy food everywhere!

    09/15/2014 11:03:32 AM PDT · by not2be4gotten.com · 90 replies
    Today | Me
    One thing that is really cool about Europe and has been ruined in the US, is the ability to buy food from the common people on the street. Many are the actual farmers them selves. And we have many wonderful conversations with these remarkable people. I remember going out to Southern California as a pre-teen and experiencing all the different little grocery stands that were there in the late 60's. When I returned there in 2010, there where NO independent produce/fruit stands. It took me a while to figure out why this happened, I was stumped for a long time....
  • Two experts warn correction could total 60%

    08/27/2014 5:07:06 PM PDT · by SkyPilot · 93 replies
    CNBC ^ | 27 Aug 14 | Matthew J. Belvedere and Everett Rosenfeld
    <p>Markets could soon face a fall of up to 60 percent, two experts told CNBC on Wednesday.</p> <p>A jolt to international confidence in central banks will lead to a 30 to 60 percent market decline, David Tice, president of Tice Capital and founder of the Prudent Bear Fund, told CNBC's "Power Lunch." When this happens, he said, markets will face a "period of extreme turmoil."</p>
  • We’re in the third biggest stock bubble in U.S. history

    07/17/2014 8:19:18 PM PDT · by RC one · 21 replies
    Market Watch ^ | July 17, 2014, 7:27 a.m. | Brett Arends's ROI
    1853, 1906, 1929, 1969, 1999 Pass the question around your office. Call your money manager and ask him or her, too. Post it on your office notice board. Give up? Those were the peaks of the five massive, generational stock-market bubbles in U.S. history. Investors who bought into stocks around those peaks ended up earning terrible returns over the subsequent 30 years. Forget “stocks for the long run.” They ended up with “stocks for a long face.” The bigger the bubble, the worse returns. And, according to a new research report, we are back there again. U.S. stocks are now...
  • Did China Just Crush The US Housing Market?

    07/10/2014 7:08:23 PM PDT · by Nachum · 16 replies
    Zero Hedge ^ | 7/10/14 | Tyler Durden
    A few days ago we finally closed the door on any argument who the marginal buyer in the US luxury housing segment was - the answer: Chinese oligarchs, scrambling to launder their "hot" domestic money abroad (as we predicted first two years ago) and now that Switzerland is no longer a safe offshore venue where one can park cash, they picked US luxury housing as the best money laundering alternative. This means that far from indicating a recovery, as the recent surge in the high end of the US housing segment had long been touted, all the relentless move...
  • The Real Reason the Stock Market Is Rigged

    04/07/2014 10:47:28 AM PDT · by Errant · 18 replies
    Money Morning ^ | 7 April 2014 | Shah Gilani
    Everyone's talking about Michael Lewis' latest book Flash Boys and HFT (high-frequency trading) and whether the markets are rigged. What they're not talking about is how the markets have been set up for institutionalized rigging. I'm not kidding. The markets are rigged. You're going to have to get over it and deal with it. The rigging is in the system and that's just the way it is... As to HFT, I'll get to that... But you can't pass judgment on HFT until you understand how cascading technology and unintended consequences landed us in the deep end of the dark pool...
  • The Value of Everything: Why the price of things are a mystery ISN'T a mystery

    04/06/2014 7:10:29 AM PDT · by SeekAndFind · 10 replies
    National Review ^ | 04/06/2014 | Jonah Goldberg
    Prices are storehouses of knowledge.​ One person whose grammar is impeccable except on the rare occasions when it isn’t is Kevin Williamson. He had a great piece the other day on the mystery of prices. I loved his opening sentence: “Prices are a mystery, and why that is is a mystery.” This reminded me of a great line from this wonderful video essay on Hayek’s “On the Use of Knowledge in Society” over at the Marginal Revolution University. It’s arguably Hayek’s most important contribution — which is saying a lot. It’s like saying Michael Jordan’s best slam dunk or Bill...
  • Bitcoin Price Move Below $600 Continues

    03/22/2014 12:31:38 PM PDT · by Errant · 42 replies
    Market Oracle, UK ^ | 22 March 2014 | Mike_McAra
    Cutting right to the chase: we don't think going short is a good idea yet. Just when you would think the situation with Mt. Gox couldn't get any stranger, it has. Apparently, the exchange "found" almost BTC 200,000 in one of its old wallets this month. The coins would be currently worth approximately $115 million. A statement published yesterday on the exchanges website reads: MtGox Co., Ltd. had certain old-format wallets which were used in the past and which, MtGox thought, no longer held any bitcoins. Following the application for commencement of a civil rehabilitation proceeding, these wallets were rescanned...
  • New doomsday poll: 99.9% risk of 2014 crash

    03/15/2014 2:47:50 PM PDT · by Oldeconomybuyer · 22 replies
    Market Watch ^ | March 15, 2014 | by PAUL B. FARRELL
    Commentary: Black-swan crisis warning for now through mid-April. SAN LUIS OBISPO, Calif. — Global risks are accelerating. This is our fourth major poll update of industry leaders: A critical review of their warnings from early last year when we first predicted a 87% risk of a crash: Bernanke’s Fed saw an “unsustainable bubble” ... Gross: “credit supernova” ... Gundlach: “kaboom ahead” ... Ellis: “Don’t own bonds” ... Shilling: “shocker” ... Roubini: “Prepare for perfect storm” ... Shiller: “Irrational exuberance is back” ... Schiff: “Doubling down” on “doomsday” prediction ... InvestmentNews’ warning 90,000 advisers: “tick, tick ... boom!”
  • At least 3 killed in knife attack at Chinese market

    03/13/2014 10:15:17 PM PDT · by barmag25 · 7 replies
    Fox news/ap ^ | 3/14/14 | AP
    BEIJING – One person was shot dead after a knife attack that left at least three people dead in a Chinese market Friday, state media said, in the second such attack in two weeks. Another person was injured in the attack in the southern city of Changsha, according to local radio station Hunan Jiaotong.
  • Austrian School Resurgence Reflects Desire for Better Solutions to Economic Malaise

    03/09/2014 8:56:34 AM PDT · by AK_47_7.62x39 · 5 replies
    WealthCycles blog ^ | March 8, 2014 | Staff
    Mar 08 2014 The WealthCycles Staff Once virtually abandoned by the mainstream, many ideas associated with Austrian School economics have been increasingly in the spotlight, and in the public consciousness, in recent years. Some of the attention resulted from the popularity of Congressman Ron Paul, who, particularly during his third presidential run in 2012, captured the attention of the millennials, the last generation born in the 20th century. The appeal of Paul’s anti-establishment economic theories is understandable: raised on expectations of upward mobility instilled in their baby boom parents, today’s young people have emerged into adulthood to face the sad...
  • Markets plunge on Ukraine crisis; Russia’s central bank intervenes [Russian markets panic]

    03/03/2014 6:12:21 AM PST · by Alter Kaker · 64 replies
    The Globe and Mail ^ | 3 March 2014 | Eric Reguly
    Russian markets plunged Monday morning as investors reacted to the prospect of Western-led economic sanctions aimed at punishing president Vladimir Putin for Russian actions in Crimea. The selloff prompted the Russian central bank to take aggressive action to try to stabilize the markets. As the ruble sank to new lows against the euro and the dollar, the bank raised interest rate by 150 basis points (1.5 percentage points), lifting it to 7 per cent.
  • Bitcoin plunges after marketplace indefinitely halts withdrawals

    02/11/2014 7:17:33 AM PST · by Errant · 27 replies
    Reuters ^ | 11 February 2014 | Sam Forgione
    (Reuters) - The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity." The bitcoin price varied dramatically from one exchange to another, with Tokyo-based Mt. Gox, the best known operator of a bitcoin digital marketplace, recording one of the biggest drops for the day. On the Mt. Gox platform the currency plunged to as low as $500 early on Monday, down more than 27 percent from Friday's final price...