Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By John Rolls (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Navy Seal Michael Jaco: The Market Is Positioning For A More Epic Great Depression Crash! Position Yourself For Success! - Must Video

% of readers think this story is Fact. Add your two cents.


***Support BeforeItsNews By Trying HerbAnomic Natural Health Building Products Including Humic & Fulvic Liquid Trace Mineral Complex & UltraCur Bio-Available Curcumin—NOW NEW HNEX HydroNano Extracellular Oxygen Delivery System Product–SEE BELOW! Click Here For More Information & To Order!***

EXPERIENCE OXYGENATION AT THE CELLULAR LEVELClick Here

The market is positioning for a more epic Great Depression crash. Position yourself for success.

(Natural News) Financial experts, including some who accurately predicted previous crashes, see the current tumult in the stock market as a sign of a coming massive crash, the likes of which history has never seen before and could result in America losing $35 trillion in wealth.

One of the people predicting the coming crash is author and economic analyst Michael Snyder, who wrote that the inevitable stock market crash is already on its way here, and the catastrophe that follows it would be several magnitudes worse than the financial crisis of 2008.

Over the week, the Dow Jones lost around a thousand points each day before rallying. This week, the S&P 500 plummeted more than 10 percent. The Nasdaq-100 fell more than one percent in every session of the week – a feat that it has not done since the dot-com bubble burst over 20 years ago. (Related: “Massive meltdown:” 40% of Nasdaq companies are down more than half from their highs.)

Tech stocks were hit particularly hard during this tumultuous week for the stock market. Netflix shares fell by 21.8 percent on Friday, the company’s worst showing since 2012. Amazon shares fell 12 percent, its worst one-week performance since late 2018. This actually resulted in founder and executive chairman Jeff Bezos losing over $20 billion of his immense wealth.

“Could you imagine losing that much money in a single week?” asked Snyder, who predicted that a similar fate might affect most Americans who are caught unprepared for the coming crash.

Stock market woes to continue for the next few months

Many financial analysts believe the disorder in the stock market will continue for some time, at least partially caused by the Federal Reserve increasing its borrowing rates.

Brighteon.TV

“There’s probably more downside over the next few months as the market adjusts to the reality of the Fed removing accommodation, earnings slow down and much less federal stimulus,” said Ed Clissold, chief U.S. strategist for capital market company Ned Davis Research. He is predicting the stock market will plummet by more than 20 percent from its peak in early January.

“We can see this downward pressure on the equity markets being relatively sticky unless there is a catalyst for a much less hawkish Fed and general global central bank reaction,” said Peter Chatwell, an executive for Japanese banking holding company Mizuho. “The market stress scenario is what we think is happening now.”

Chatwell predicts the S&P 500 could plummet by 12 percent from current levels, and the Nasdaq-100 by 15 percent of current levels.

Jeremy Grantham, co-founder of Boston-based investment manager GMO and a famed investor who, for decades, has accurately predicted the collapse of market bubbles, believes America is now in a “super-bubble.” He compared this bubble to the ones that preceded the Wall Street crash of 1929, the Japanese 1989 stock and housing market crashes, the dot-com crash and the housing market crash of 2006.

“All five of these super-bubbles corrected all the way back to trend with much greater and longer pain than average,” said Grantham.

The coming crash, which Grantham called the “wild rumpus,” has already begun, and it can be seen in how housing prices, commodities and bond prices are already blowing up.

“For the first time in the U.S., we have simultaneous bubbles across all major asset classes,” he said, believing that the U.S. could lose $35 trillion in wealth should the crash correct valuations by two-thirds of the way to historical norms.

Snyder believes Americans still have some time to prepare before the crash inevitably comes. How long it will be until that inevitable collapse remains to be seen.

“Unless there is some sort of an unexpected trigger event, I think that it is likely that we will get some sort of a bounce this week,” he wrote. “Of course, nobody should take a bounce as a sign that the pain is over. Ultimately, Grantham is quite correct that our ‘super-bubble’ is going to spectacularly burst. The only question is timing.”

“Once the inevitable implosion takes place, things will start to change in this country at a pace that is absolutely breathtaking, and nothing will ever be the same again.”

***Support BeforeItsNews By Trying HerbAnomic Natural Health Building Products Including Humic & Fulvic Liquid Trace Mineral Complex & UltraCur Bio-Available Curcumin—NOW NEW HNEX HydroNano Extracellular Oxygen Delivery System Product–SEE BELOW! Click Here For More Information & To Order!***

EXPERIENCE OXYGENATION AT THE CELLULAR LEVELClick Here

 

 

 



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

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)

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

MOST RECENT
Load more ...

SignUp

Login

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.