Thucydides’s Trap (foto Financial Times)
Dow Jones Industrial Average February 2020 (foto Life And My Finances)
👉Black Monday | Markets Crashing World wide!!!
22 uur geleden in première gegaan
A rain of sales on Wall Street that starts sharply down, following in the footsteps of the EUropean stock exchanges and the Asian markets. It is the collapse of oil prices, after the failure to reach an agreement within OPEC Plus, and the worsening of the Corona Virus emergency all over the World.
Oil business stocks plummet. All earnings of 2019 are zeroed.
The World Stocks Crash Most Since 2008.
The perfect storm on the markets: not only the expansion of the Corona Virus in Italy and EUrope in general but also the oil war started because of the lack of agreement between OPEC and RUssia on cuts in crude oil production to support the price of the barrel.
A terrible Black Monday for the western stock exchanges is staged.
WALL STREET LOSES 7%, AND THE TRADE IS SUSPENDED FOR 15 MINUTES.
IT’S THE FIRST SUSPENSION SINCE 2008.
ON THE RECOVERY OF THE TRADE THE DOW JONES is even worse.
It has lost 7.8% or more than 2,000 POINTS.
Black Monday? Wait till Friday the 13th.
The Yield Curve is literally crashing. We are making history. I am out of words. $ 2.5 Trillion already Wiped Out.
Crude oil prices collapsing. Boeing stock down 11%.
The DJIA and S&P500 are suffering their worst day since the financial crisis.
MOREOVER, WE ARE IN A FINANCIAL CRISIS RIGHT NOW.
I have never seen anything like this watching the DOW. This is History!
We at The Atlantis Report already warned you, time and again, to get out of the stock market and save your money in real assets, precious metals , farmland, et cetera.
And prepare because this is still nothing compared with what’s coming .
This is THE bear market. It is a system changing. Bank failures occur next, look at Deutsche Bank chart, broken wedge, target equals ZERO. Those hoping for a quick end to this are going to be very disappointed. The Dow isn’t the only thing cratering.
Trading is currently down. The Markets were never halted when they were going up. Let the chips fall where they may. It is only correcting to fair market value.
The greatest economy in World history is being exposed as a house of cards in an earthquake.
Be careful. Central banks are about to unleash a tidal wave of liquidity that will make 2008 look like a pebble tossed in a kiddie pool.
Of course, it won’t have much long term effect, but it will deliver a nice big dead cat bounce, which might put a wee dent in your fabulous short profits.
$ 112 billion repo so far today, and it’s only 10:30 EDT.
The crude oil War between Saudi Arabia and RUssia is plunging oil stocks.
👉 For the full transcript go to https://financearmageddon.blogspot.com
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👉Recommended Economic and Financial books
Destined for War Can America and China Escape Thucydides’s Trap?
How an Economy Grows and Why It Crashes by Peter Schiff
Bitcoin The End Of Money As We Know It
The Death of Money: The Coming Collapse of the International Monetary System
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Dow Jones Index Chart, March 2020 (foto knowyourmeme)
SPX Index Chart March 2020 (foto knowyourmeme)
Stock Market Crash Has Begun! We Have Never Seen This Since The Great Depression!!!
Gepubliceerd on 9 mrt. 2020
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The US economy has been slowing down and economists are predicting that a major economic collapse is coming. In a recent interview, Guggenheim’s Global CIO Scott Minerd said that the cognitive dissonance in the stock market is stunning as reflected by the ever rising prices and credit spreads. He expressed that this is not a buy the dip market but don’t try to catch a falling knife markets because prices have been plummeting for weeks. The stock market crash has already begun!
The global economy is already slowing down and investors have fear that this will culminate to the worse economic collapse since the Great Depression. The stock market has a potential for more downside movement and at the same time the bond market has the lowest returns in history. The 10 year treasury bonds return is now hovering at 1.3 percent level. Technical analysis shows that this decline will continue to a point where the 10 year bonds will have a 0.25 percent return while the 30 year bonds are expected to plummet to about one percent level.
It is now very clear that this bubble has begun bursting. The economy has already taken an unpredictable path and many indicators are showing that soon we might find ourselves in the middle of a horrific stock market crash. We have already reached the tipping point and if no immediate action is taken, the stock market will continue plummeting. At the moment, the S&P 500 has already shed more than 3000 points and the 10 year treasury yield is at the lowest point.
The Federal Reserve is still pumping more billions into the markets. This strategy will only help in the short term but when you look at the long term picture, the economy is headed in the wrong direction. Recently, we have also seen the central bank making interventions in the repo markets to ensure that the market remains liquid. They have pumped more than $ 62.5 billion and much more cash will be pumped by the end of the year. This intervention signals that things are not stable in the financial system and the Federal Reserve is afraid that a liquidity problem can bring the whole financial system down in a day. This will indeed cause the biggest financial collapse in history. This action by the government is just making the bubble in the American economy bigger every day and an economic collapse has just begun biting.
The stock market is now at record lows and all major stock indexes like S&P 500, Dow and Nasdaq are dropping in value every day. In the process, billions of dollars are being lost. This might end up being a worse stock market crash compared to what we had in 1929. Gloomy economic data is been released every single day and the industrial production data is dropping at an alarming rate. This signals a big economic collapse.
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Read the full transcript here
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