The major U.S. stock market indices finally corrected after a 9-month sideways trend. The ‘big’ news this week for stocks was undoubtedly that the four indices all closed below their 200-day moving average, which IS an important breakdown.The key observation on the chart below, is the violation of the steep uptrend (highlighted with the rising green dotted line), which started […]
*)Making Sense Of The Sudden Market Plunge; The global deflationary wave we have been tracking since last fall is picking up steam. This is the natural and unavoidable aftereffect of a global liquidity bubble brought to you courtesy of the world’s main central banks. What goes up must come down, and that’s especially true for the world’s many poorly-constructed financial […]
Submitted by Chris Martenson of PeakProsperityMaking Sense Of The Sudden Market PlungeThe global deflationary wave we have been tracking since last fall is picking up steam. This is the natural and unavoidable aftereffect of a global liquidity bubble brought to you courtesy of the world’s main central banks. What goes up must come down – and that’s especially true for […]
This 2 Day Stock Market Crash Was Larger Than Any 1 Day Stock Market Crash In U.S. History
By Michael Snyder, on August 21st, 2015We witnessed something truly historic happen on Friday. The Dow Jones Industrial Average plummeted 530 points, and that followed a 358 point crash on Thursday. When you add those two days together, the total two day […]
Stock Market Tanking, Dow Slips Below 17,000 for First Time in 10 months
“Panic sets in, not over yet,” claims CNBC as major indices tumble worldwide.
Nick Gillespie|Aug. 21, 2015 4:22 pm
Spritz
Not a good Friday for Wall Street:
Fears of a China slowdown ripped through global markets and sent U.S. stocks to their lowest level of the year on Thursday.
All the major indexes […]
Wikimedia CommonsWe just witnessed the worst week for the US stock market in four years. The blue-chip Dow fell more than 500 points Friday and entered correction territory on an intra-day basis — defined as a 10% drop from recent highs. Major stock markets across Europe and Asia also closed sharply lower.First, the scoreboard:Dow: 16,459.75, -530.94, (-3.12%)
S&P 500: 1,970.89, -64.84, (-3.19%)
Nasdaq: 4,706.04, -171.45, (-3.52%)
And […]
(NaturalNews) Amid a global financial system that remains in flux, oil prices tanked Friday as well, sending prices below $40 a barrel for the first time since the Global Recession was at its peak in 2009.Prices touched a six-and-a-half year low of $39.86 a barrel for a brief period, rising above $40 to settle around just above that mark by […]
We Have Already Witnessed The First 1300 Points Of The Stock Market Crash Of 2015
By Michael Snyder, on August 20th, 2015What has been happening on Wall Street the past few days has been nothing short of stunning. On Thursday, the Dow Jones Industrial Average plummeted 358 points. It was the largest single day decline in a year and a […]
The Tokyo stock market fell due to worries about China. Photograph: Kimimasa Mayama/EPA
Sell in May and go away, don’t come back until St Leger Day. So goes the old stock market adage and rarely has the first part of that advice been more apposite than this year. The FTSE 100 index peaked on 27 April, just before the general election, […]
Sometimes it helps to take look the world through an unconventional perspective when thinking about the size of things.So here’s a pretty awesome map from Bank of America Merrill Lynch’s Chief Investment Strategist Michael Hartnett that shows the world according to free-float equity market capitalization in billions of dollars measured by the MSCI.The US, with a market cap of $19.8 trillion, is the […]
