CNBC Gang's 5th Year of Predicting Economic Armageddon

[drivebymedia]

Now comes a 5 year Bear Market 2013-2018 - maybe the new Pope can bring them at least a scary correction!




Bear Market to Take Hold in 2013: Expert

 

[editec]

The stock market will not cause the next economic meltdown.

Neither is it any real indicator of the true nature of the health of the macroeconomy.

But the stock market will be the victim of the next balance sheet meltdown, just as it was in 2007-2008.

 

[william the wie]

The stock market will not cause the next economic meltdown.

Neither is it any real indicator of the true nature of the health of the macroeconomy.

But the stock market will be the victim of the next balance sheet meltdown, just as it was in 2007-2008.

Also the US stock market is not being driven by US causes. As the best safe haven left more than a trillion a year is flowing into our asset markets. The slowdown of the various bubbles in China and the spread of fracking overseas are creating lowering input costs. However the indirect national debt of China through state owned banks and enterprises plus provincial and local debts may be larger than ours. When China and Japan tank that will be bad.

 

[SteadyMercury]

You can find self proclaimed experts pointing to every direction of the compass in both good markets and bad markets.

 

[Mad Scientist]

Now comes a 5 year Bear Market 2013-2018 - maybe the new Pope can bring them at least a scary correction!




Bear Market to Take Hold in 2013: Expert

I agree and I recommend Americans put all their money in Stock Market.

 

[william the wie]

You can find self proclaimed experts pointing to every direction of the compass in both good markets and bad markets.

Totally true.