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Investors are staring at the bleakest future since the Great Depression — here's why one market bear thinks a crash could wipe 60% from stocksJohn Hussman says a stock market drop of 60% is coming, and explains why traditionally diversified portfolios are in their toughest position since 1929. Bollocks I’m seeing leading indicators of this in my own consulting business. Yea right.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tying American Stocks to the Rest of the WorldThe great decoupling of the American stock markets from the rest of the world was the story last summer. Was last month the start of a great recoupling, where investors should bet on the U.S. falling back in line with global market performance? jmackin2 Samsung predicted a drop in profits of 29% in the IV quarter. The company's forecast was more than 18% worse than experts' expectations. jmackin2 On Thursday, January 3, Apple shares fell 9.6 percent on the New York Stock Exchange, Boomberg reported. This is the biggest fall in a single trading day in the last three years. At the moment, they have risen slightly - to minus 8.3 percent.
Source: WSJ - 🏆 98. / 63 Read more »