The Dow Jones industrial average is tracking for its worst week since October 2008, during the financial crisis.
“Anything risk is breaking down and true flight to quality is happening,”
“It will fuel inflationary pressures,” Zandi said in an email. “How much inflation accelerates depends on how aggressively the Fed responds.”
It’s hard to tell which is worse, Republicans and Democrats doing the opposite of what they “campaign on,” or voters always falling for it.
“The intention is to release more details as the launch date approaches,”
As the Dow Jones Index continues to drop like a rock, the worst is yet to come. Today, investors once again plowed into the markets because they are following the Mainstream Financial advice of BUYING THE DIP
Rogers not surprised to see widespread selloff, "expects the rout to continue."
U.S. stocks tried for gains Friday, a day after both the Dow Jones industrial average and the S&P 500 fell into correction territory.
The bond market has done the Fed’s job for it. The reality is that the Fed is way behind the curve. True, the Fed is raising rates, but it is not raising them fast enough. The market was CLEARLY in a parabolic rise based on the fact financial conditions were too loose. So what happened?
The colossal bill, which lawmakers have been negotiating for months, is a game-changing piece of legislation
Eric says that relatively, the the midst of the price suppression and the stock market crash, gold & silver have done well. Here's the details...
The convulsions rocking U.S. equity markets continued Friday, with major indexes headed for the worst week in almost seven years after falling back from early gains. Treasury declines eased as investors sought havens from gold to the yen.
"An authentic strong dollar policy would mean that no dollar can be created that did not have an equal amount of gold/silver in bank vaults."
(As Dow Tanks 1,033 Points) The Federal Reserve left their $4.4 trillion balance sheet alone this week. Especially after what happened last Thursday. And the Dow had tanked 1,033 points before the Fed on NY announced no balance sheet shrinking for the week. Will The Fed attempt to shrink the balance sheet by next Thursday? Or was this The Last…
Did The Fed go “a bridge too far“? In other words, will they be able to unwind further?
"So this is the first central bank-created stock market bubble in history, and central banks have just had the first stock market crash where the blame is entirely theirs."
Gold is falling even as equities sell off; some market watchers are bullish on gold despite its recent decline.
"It now appears that the velocity of money has finally bottomed and is rebounding. It couldn’t come at a worse time."
Rising Deficit equals global financial meltdown.
The ECB has pledged to buy EUR30 billion ($37 billion) a month of eurozone bonds at least through September under its EUR2.5 trillion quantitative easing program