Monday, July 13, 2015

This Could Trigger the Biggest Correction Since 2008

Today could be critical to your financial future.
The red flags I'm seeing right now are eerily similar to what I saw before several major corrections.
For example, on July 18, 2014, I warned that the Russian market was in trouble. Sanctions were starting to take hold, and its economy was cracking.
I predicted we would see "dramatic negative reversals in growth and earnings" of the top holdings in the Market Vectors Russia ETF (NYSE: RSX). This, I reasoned, would cause the fund to correct by at least 10% within three months.  (more)

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