Join John Adams, world renowned Intl Matchmaker, Monday nights 8:30 EST for Live Webcasts!
And check out Five Reasons why you should attend a FREE AFA Seminar! See locations and dates here.
View Active Topics View Your Posts Latest 100 Topics FAQ Topics Mobile Friendly Theme
Discuss issues related to business, finance, taxes, investments, cost of living in different countries, etc.
Last year, 2017, was a not a normal year for stocks. Stocks as an asset class are not meant to go straight up without even a 1% pullback. But that is precisely what happened for nearly an entire year.Now that massive market rig is over. And anyone who continues to invest as though it’s 2017 is going to get annihilated in the coming weeks.
Interbank lending crashed a month ago that's one of the reasons for the recent -10% stock market correction. Its getting bad when even the banks don't trust each other enough to loan money to one another. Those who believe the economy is about to lift off have it ass backward. The economy is on its final legs.
Here's the long term chart and its ugly...
The volatility index is now at multi year highs.
“Every time a President leaves the White House after two terms, there is a recession within the next year"
Source? I can't find anything like this on google news.