Saturday, July 12, 2014

The Coming Stock Market Crash Prediction


gold-eagle.com / By Vronsky / 
There are many irrefutable signs a US stock market crash is imminent. However, THREE of the most compelling are the following:  Dow Index/US T-Bond Ratio and; the S&P500 PER/VIX Ratio, and London’s FTSE Stock Index. Each of these indicators heralded the market crash of 2000-2003 and 2007-2008.  Like they say a picture is work a 1,000 words.
1- Dow Index/US T-Bond Ratio has formed a bearish Triple Top.  Notice that the ratio peaked in 2000 and again at the same level in 2007, which sparked the crash in US stocks. Well again recently the Dow Index/US T-Bond Ratio has peaked. Consequently, history is testament a stocks’ crash is highly probable.
2- S&P500 PER/VIX Ratio (Price Earnings Ratio of S&P500) divided by the Volatility Index) is signaling a market crash….take careful notice of this in 2000 and 2007, which signaled SELL SIGNALS FOR STOCKS.
IMPERATIVE to notice we have the exact same topping level today as in 2000 and 2007, which means stocks may SOON CRASH.
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While Argentina Celebrates, Government Quietly Slides Towards Default. Again.

by Simon Black
Sovereign Man

The first recorded sovereign default was in the 4th century BC when ten Greek cities failed to honor loans from the temple of Delos.
Most of the borrowers could not pay back what they owed and the temple took an 80% loss on its principal.
(Clearly they did not have Janet Yellen or Ben Bernanke to print money and bail out the system…)
As the saying often attributed to Mark Twain goes, “History doesn’t repeat itself but it often rhymes.”
Continue Reading at SovereignMan.com…
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Warning: A serious financial storm could be coming. And almost no one is prepared.


investmentwatchblog.com / July 11th, 2014
Steve Sjuggerud: Get ready… A serious financial storm could be coming
It is so easy for a country to print money…
Said another way, it is so easy for a government to create inflation.
Because it’s so easy, nobody believes that DEFLATION – the opposite of inflation – is possible.
But it is…
Earlier this week, Republican politicians proposed a bill that would limit the powers of the Federal Reserve (more on thathere).
Don’t get me wrong, I’m all for limiting the powers of government… But if the Fed’s powers are limited, its ability to print money would be limited… If this happens, persistent deflation could be an outcome – and that could trigger a financial storm that nobody is expecting.
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German Municipals In Trouble

by Martin Armstrong
Armstrong Economics


Part of our job is monitoring everything everywhere. We are gathering data om whatever moves on a global basis. I have stated numerous times, it is IMPOSSIBLE to forecast a single market in isolation because the wildcard comes from contagions set in motion elsewhere. It is like sunning on the beach and there is a tidal wave coming because of an earthquake you didn’t know happened. Unless you monitor the world, you cannot even forecast the weather for tomorrow. It would all be just dumb-luck and chance.
I have been warning that about 50% of the municipal governments in Germany are on the verge of bankruptcy. This is part of the reason they are looking for bail-ins and even Merkel has determined they cannot allow any referendums fearing the people will vote against the EU.
Continue Reading at ArmstrongEconomics.com…
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Mortgage Bankers: ‘Unsustainable Housing Bubble Is Inflating’

by Wolf Richter
Wolf Street


Observations about a housing bubble being once again inflated in many areas in the US have transitioned from bloggers throwing around unpleasant party-pooper data to mortgage bankers.
In a survey conducted by the Professional Risk Managers’ International Association for FICO – the same company after which the infamous and ubiquitous FICO score is named – found that industry insiders directly involved in mortgage lending are now on edge. They’re seeing from the close-up viewpoint what we have seen for over a year, and what the Fed still refuses to see – while it categorically declares that it cannot be seen by anyone in the first place.
So 56% of the mortgage banker respondents fretted that “an unsustainable real estate bubble is inflating.”
Continue Reading at WolfStreet.com…
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WTI Crude Drops Below $101 – Lowest in 2 Months


zerohedge.com / by Tyler Durden
Worried about tensions in Kuwait, Jordan, and Iraq… the ‘market’ is not. With the spec positioning significantly net long, it appears ‘they’ have found another pain trade… as WTI Crude loses $101 and drops to 2-month lows…

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Introducing Ghost Skyscrapers – NYC Real Estate Goes Full Retard

by Michael Krieger
Liberty Blitzkrieg


Late last month, New York Magazine published a lengthy and very important article titled: Stash Pad – Why New York Real Estate is the New Swiss Bank Account. The entire article is well worth a read, and left me shaking my head in disbelief the entire time. As someone who grew up in New York City, it’s a real shame to see the continued transformation of Manhattan into nothing more than an oligarch playground, or as I sometimes like to call it, “Disneyland for Wall Street.”
One of the most shocking and disturbing revelations from that article was the fact that:
“The Census Bureau estimates that 30 percent of all apartments in the quadrant from 49th to 70th Streets between Fifth and Park are vacant at least ten months a year.”
Continue Reading at LibertyBlitzkrieg.com…
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