The “Stock Market Crash Of 2018” Is Rapidly Transforming Into “The Financial Crisis Of 2019”

Stock markets are crashing all over the world, we are seeing extremely violent “flash crashes” in the forex marketplace, economic conditions are slowing down all over the globe, and fear is causing many investors to become extremely trigger happy.  The stock market crash of 2018 wiped out approximately 12 trillion dollars in global stock market wealth, but things were supposed to calm down once we got into 2019.  But clearly that is not happening.  After Apple announced that their sales during the first quarter are going to be much, much lower than previously anticipated, Apple’s stock price started shooting down like a rocket and by the end of the session on Wednesday the company had lost 75 billion dollars in market capitalization.  Meanwhile, “flash crashes” caused some of the most violent swings that we have ever seen in the foreign exchange markets… (Read More...)

A Surprise Announcement Has Just Unleashed Another Wave Of Panic On Wall Street

Well, that sure didn’t take long.  Many had been hoping that 2019 would be a calmer year for Wall Street, but so far that has not materialized.  In fact, a surprise announcement by Apple has just sparked another wave of panic selling on Wall Street.  In a letter to shareholders, Apple CEO Tim Cook admitted that first quarter revenue is going to be way, way below expectations.  That immediately set off “flash crashes” all over the globe as investors reacted to this unexpected news.  According to Cook, the primary reason for the coming “revenue shortfall” is a slowing economy in China(Read More...)

An Inside Look At The Social Decay That Is Eating Away At America Like An Aggressive Form Of Cancer

The character of a nation is a reflection of the character of millions of individual people, and one of the fastest ways to get a sense of the character of individual people is to visit their homes.  It is said that a picture is worth a thousand words, and if that is true then a home visit has got to be worth a million.  Sadly, there is a reason why so many Americans that make a living making service calls in other people’s homes absolutely hate their jobs.  Way too often they are confronted with the worst that America has to offer, and many of them end up psychologically scarred for life as a result.  For example, the following is from an article in which Lauren Hough described her time as a cable installer(Read More...)

2018 Was The Worst Year For The Stock Market Since The Financial Crisis Of 2008

Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade.  Not since the last financial crisis have we had a year like this, and many believe that 2019 will be even worse.  And of course the truth is that stocks are still tremendously overvalued.  Stock valuation ratios always return to their long-term averages eventually, and if the Dow Jones Industrial Average plunged another 8,000 points from the current level that would begin to get us into that neighborhood.  Unfortunately, the system is so highly leveraged that it will not be able to handle a price decline of that magnitude.  The relatively modest drops that we have seen already have caused a tremendous amount of chaos on Wall Street, and a full-blown meltdown would quickly result in a nightmare scenario potentially even worse than what we experienced in 2008. (Read More...)

44 Numbers From 2018 That Are Almost Too Crazy To Believe

Was 2018 everything that you expected it to be?  Every year contains surprises, but 2018 truly turned out to be a year that we will never forget.  Over the past 12 months we witnessed great political shaking, Wall Street experienced the worst downturn that we have seen since 2008, the crust of our planet was rattled by an increasing number of major seismic events, social decay spread like wildfire, and America continued to become even more divided as a nation.  In comparison, 2017 was rather bland and boring, and I truly believe that one day we will look back on 2018 as a major turning point. (Read More...)

This Is Exactly The Kind Of Behavior That You Would Expect During A Stock Market Implosion…

If a doctor tells you that his patient’s condition is swinging up and down wildly, is that a good sign or a bad sign?  Of course the answer to that question is quite obvious.  And if a doctor tells you that his patient’s condition is “stable”, is that a good sign or a bad sign?  Just like in the medical world, instability is not something that is a desirable thing on Wall Street, and right now we are witnessing extreme volatility on an almost daily basis.  On Thursday, the Dow was already down several hundred points when I went out to do some grocery shopping with my wife, and at the low point of the day it had fallen 611 points.  But then a “miracle happened” and the Dow ended the day with an increase of 260 points.  As I detailed yesterday, this is precisely the sort of behavior that you would expect during a chaotic bear market. (Read More...)

U.S. Stocks Just Had Their Best Day Ever – And Here Is Why That Is A REALLY Bad Sign…

The Dow Jones Industrial Average just posted its biggest single day point gain ever.  On Wednesday, the Dow shot up 1,086 points, which shattered the old record by a staggering 150 points.  It truly was a remarkable day, and this is the sort of “Santa Claus rally” that investors had been hoping for.  Many are convinced that this rally is an indication that the crisis of the last three months is over, but as you will see below, this sort of extreme volatility is actually a really bad sign.  But for the moment, the mainstream media is pushing the narrative that everything is once again peachy keen in the financial world.  Just consider the following quote from CNN(Read More...)