Where Is The Stock Market Turmoil Taking Us? - Audio
Stock-Markets / Stock Markets 2016 Jan 25, 2016 - 01:54 AM GMTBy: John_Rubino
On Monday, stocks tanked around the world and so did oil, breaking $27. On Tuesday things looked better. Central banks were jawboning, with Mario Draghi making noises about intervening. The Chinese were also busy buying stocks. The true test is when the banks really start intervening and whether they will be able to reflate another cycle. At some point this strategy is bound to fail. Will it be now or the next time? That past couple of weeks have seen a very brutal bear market. If you look at the average stock, it has lost more than 20 percent. Sounds like a bear market in the making with tech stocks leading the way.
By John Rubino
Copyright 2016 © John Rubino - All Rights Reserved
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