'Scary 60%' Market Crash Could Be Coming Warns Another Analyst
I also included an article from Forbes.com below .In the article Jesse Colombo says that coming off a market high like this and going into a historically weak season,Sept,Oct. for stocks, things could get ugly?
The 1929,1987 and 2008 market crashes all took place in the Fall after a spring/summer market rally.
Federal Reserve’s failure to raise interest rates could see a stock market slump to rival 2007, says analyst
Telegraph
Stock markets could be heading for a “scary” crash that may wipe up to 60pc off the value of the world’s leading companies, an analyst has warned.
Just a day after Amercia’s S&P 500 index closed above 2,000 for the first time, Abigail Doolittle, founder of Peak Theories Research, said the Federal Reserve’s reluctance to raise interest rates from record lows could spark a market correction to rival the slump seen in 2007, during the global recession.
“Unfortunately, I think it could come on a crash similar to what happened in 2007,” she told CNBC. “You can see that the entire bull market trend over the past five years has started to reverse.
“When you see that kind of gyration around the trend, typically it suggests you’re going to see some severe volatility. As scary as it is, I think that we could see possibly a 50pc or 60pc correction – an equal and opposite reaction to all these unusual policy moves.”
America’s central bank has kept short-term interest rates near zero since the end of 2008, as it battled to fuel growth after the financial crisis, and has indicated it may not raise them until the middle of 2015.
Are Stocks Heading For A Crash This Fall?
Forbes
At the end of July, the Dow and SP500 experienced a brief pullback of about 5 percent on rising geopolitical fears and a sell-off in the high-yield debt market. Though I believe that the bull market is another bubble, I utilize technical or chart analysis for gaining insight into short-term market direction. If I see signs that the market is likely to rise in the short-term, I acknowledge the bullish signal despite my longer-term bearish view. For example, on the night of the sharp July 31st sell-off, I published a chart analysis of the major U.S. stock indices and explained why a short-term rebound was likely. Since then, the Dow, SP500, and Nasdaq have erased their losses and rose by roughly 6 percent to hit fresh highs.
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
| Online: | |
| Visits: | 1,603,458,547 |
| Stories: | 8,150,148 |
Whistler Blowers, Insiders
