Category: Financial Crash
The analysis published under this category are as follows.Wednesday, October 14, 2009
Stock Market Crash, Banking on a Repeat of 2008 / Stock-Markets / Financial Crash
It’s happened before, it can happen again. - In mid 2008 I accurately predicted the collapse of major US and European bank stocks, based in part on the analysis of my long term hand drawn Point & Figure charts. These same charts are now indicating a bull trap in the making and a probable return of the bear some time over the next six months. The V-shaped patterns on the higher performing banks together with the predominance of upward wedge patterns throughout the broader US market also indicate that we are entering an extremely high risk time even now.Read full article... Read full article...
Tuesday, October 13, 2009
Conquer the Crash, The Next Down leg of the Great Depression, New 2009 Second Edition / Stock-Markets / Financial Crash
Today's financial and economic tribulations were a long time in the making. Many people ask, "Why didn't someone see it coming?"
But a New York Times best selling book did see it coming. More than 100,000 people read it in time to protect their wealth.
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Tuesday, October 13, 2009
Stock Market Bubble Now the Most Expensive US Market Of All Time / Stock-Markets / Financial Crash
140…
That’s the current P/E for the S&P 500 based on reported earnings (earnings that include write-downs). According to David Rosenberg of Gluskin Shef (and former Chief Economist of Merrill Lynch), no US market has ever been this expensive in history. The Tech Bubble, which by all accounts was an extraordinarily overpriced market traded around a P/E of 40 during its peak.
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Tuesday, October 13, 2009
Stock Market Bull Trap Heading for a 50% Crash to 5,000 / Stock-Markets / Financial Crash
At the risk of getting ahead of myself prior to being able to confirm the turn, I am suggesting stock market action over the past week bears the distinct odor of a bull trap, with even informed technicians still waiting for a push to 50% retracements on the indexes. In this respect then, you should realize the context of such a bull trap would be profound in that we are talking about the March lows being tested and violated, meaning for example the S&P 500 (SPX) could be on its way down to test its namesake at 500 before this next sequence is all over. You will remember from previous discussions, and in framing context correctly here, it’s possible we could be looking at a Supercycle Degree Affair lower in global stock markets directly ahead, implying 500 on the SPX would be an optimistic target for a low.
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Sunday, October 04, 2009
Dr Doom Marc Faber Forecasts Worse Financial and Economic Crisis Ahead / Stock-Markets / Financial Crash
Marc Faber, Dr Doom in this 4 part video interview skeptical on the stock market rally and states that the the U.S. economy will not recover and a far larger economic and financial crisis lies ahead and discusses the zero yield boosting asset classes.
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Friday, October 02, 2009
Another October Stock Market Surprise? / Stock-Markets / Financial Crash
I have been asked countless times in the past month why it is that share markets seem to have a difficult time navigating the autumn months. Obviously, there is a healthy amount of fear regarding the next 29 days, as the memories of last year are still firmly intact. Yesterday’s 203-point drop in the Dow Jones Industrials Average has done nothing more than rekindle those sour memories. While the question ‘Why October?’ is largely rhetorical in nature, we can certainly take a look at history for some potential causes for the blowups.
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Friday, October 02, 2009
CAUTION: Stock Market Crash /Collapse Dead Ahead Say Faber, Rogers, Dent and Celente / Stock-Markets / Financial Crash
After a massive upswing in US stocks over the last six months, the recent rally may finally be coming to an end. It seems that the trend of rising stocks on bad or better than expected news may be in a reversal, as evidenced by market participants’ caution over the last couple of weeks. For those that follow contrarian investors like Marc Faber, Jim Rogers, Gerald Celente and Harry Dent, this should come as no surprise.
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Friday, September 25, 2009
Global Stocks Markets Navigating Eye of the Financial Crisis Hurricane / Stock-Markets / Financial Crash
As global stock markets navigate through the eye of the ongoing financial hurricane, it becomes increasingly important for investors still impacted by these markets to be able to gauge when the storm’s fury will reassert itself and plan accordingly. By all measures, there are a healthy number of individual investors still in the stock markets in one way or another who are hoping to recover everything lost in 2008.
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Thursday, September 24, 2009
140th Year Anniversary of Black Friday 1869 Banking Panic, History Repeating? / Stock-Markets / Financial Crash
Today is the 140 Year Anniversary of the original Black Friday on September 24th, 1869. Since then the word ‘Black’ has been used to describe any day that the stock market, currencies or financial markets have crashed. There have been many, many such crashes but the one that birthed the term happened on this day 140 years ago.
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Monday, September 21, 2009
Stock Market Crash and Market Efficiency / Stock-Markets / Financial Crash
The share market crashes that reverberated around the world confirmed the prejudices of many (some of whom are paid to know better) as to the irrationally of markets. There was much gleeful parroting of Keynes' misleading comments stating that share markets were nothing but casinos that graphically demonstrate the excesses of capitalism. Of course there has been a great deal said in recent years about the efficiency of markets and the cause of fluctuations. Since the 1960s the efficient-market hypothesis has held sway among a great many people. This thesis holds that markets are extremely efficient in the sense that all information about the past, the present and the future are swiftly built into share prices.
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Thursday, September 17, 2009
Financial Crash Anniversary- $550 Billion Electronic Run on U.S. Banks / Stock-Markets / Financial Crash
This is a short addition to the my recent article on the financial crash anniversary -Lehman Bankruptcy and Engineered Financial Armageddon Real Story, which covered the reasons behind the financial crash of 2008, time line of the crash and the geopolitical implications going forward.
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Wednesday, September 16, 2009
Stock Market Heading for an October Crash? / Stock-Markets / Financial Crash
We survived the brief market pullback so thus far September looks a bit safer than in previous years. The big question hanging over this market is whether the investment-led recovery will be given legs by a revival of consumption. The jury remains out on this as consumers are clearly saving more and undergoing an interesting transformation from spendthrift bubblemeisters to far more thrifty families. The danger is that we may catch Japan’s “paradox of thrift” disease: Japanese citizens have been so paranoid about the economy that they never spend enough to restore robust growth to the Land of the Setting Economic Sun.
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Monday, September 14, 2009
Financial Crisis Anniversary, It's Not Over Yet! / Stock-Markets / Financial Crash
In A Report for Al Jazeera, Danny Schechter Has A History Lesson
Al Jazeera Asked The News Dissector To Analyze The Occasion
The market meltdown that began in September 2007 was a 'slow-motion catastrophe', says finance journalist and author Danny Schechter.
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Monday, September 14, 2009
Stock Market Crash, Rosenberg Says this is Your Last Chance! / Stock-Markets / Financial Crash
Over the last several months, we have been very fortunate to read the missives of Gluskin Sheff's chief economist and strategist, David Rosenberg. Aside from a stellar career at Merrill Lynch, Mr. Rosenberg gained notoriety for his early "call" on the recession that began in December, 2007. Now Mr. Rosenberg is gaining notoriety as the last bear standing. Despite a 50% run in the S&P500 and a growing chorus that the economy has turned a corner, Mr. Rosenberg has been steadfast in his resolve:
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Saturday, September 12, 2009
The US Government's Journey to Economic and Stock Market Collapse, Are we there yet? / Stock-Markets / Financial Crash
Regular visitors to LRC are probably scratching their heads by now. How can the U.S. stock market continue to zoom higher each day while the best that can be said of the U.S. economy is that the pace of job losses has slowed? Why are debates over massive new government programs overshadowing the economic typhoon that is slamming tens of millions of families with legions of unemployed adults?
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Friday, September 11, 2009
Financial Collapse, Whatever Happened to the Lehman Lad? / Stock-Markets / Financial Crash
"Look what happens when you let a financial system get to the edge of collapse..."
CASTING professional Seventies' Geordie James Bolam as Bank of America chief Ken Lewis was an inspired choice. This week's ridiculous BBC drama, The Last Days of Lehman Brothers, would scarcely be funnier without him.
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Wednesday, September 09, 2009
Greenspan Warns, Financial Market Crisis Will Happen Again / Stock-Markets / Financial Crash
Former Fed Chairman Alan Greenspan says Market crisis 'will happen again'
"The crisis will happen again but it will be different," he told BBC Two's The Love of Money series. He added that he had predicted the crash would come as a reaction to a long period of prosperity.Read full article... Read full article...
Tuesday, September 08, 2009
Will The Collapse Of FDIC Insured Banks Cause Another Stock Market Crash? / Stock-Markets / Financial Crash
The problem with Banks these days is that it's hard to understand if they are solvent or not. Sometimes I suspect that the people running them don't even know, or if they do they are in denial, or lying.
Presumably, in July 2008, before Hank Paulson stood up and announced to the world "The US Banking System Is Safe And Sound One", he or his people, had looked at the audited accounts, talked to the regulators, perhaps the SEC, perhaps the rating agencies too; I mean presumably he wasn't deliberately telling a big fat lie?
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Sunday, September 06, 2009
911 OMEN Foretells the Global Economic & Financial Future / Politics / Financial Crash
A once in a millennium kairotic moment occurred on 9/11 of 2001 that still promises to usher in the most profound and fundamental societal transformation of our times. This earth-shattering event, which truly represents one the primary apocalytic prophecies of the modern era, remains pregnant with the potential to catalyze unprecedented change in every sphere of life in the USA and beyond. However, in order to take full advantage of this extremely unique opportunity for political, economic and social revolution, something must first give way.That something is nothing other that the misplaced trust that American citizens have customarily put in their government, their media, their corporations, their academic institutions, their financial institutions, etc.
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Thursday, September 03, 2009
World Wide Stock Market Crash on Pause / Stock-Markets / Financial Crash
Don't Be So Sure - Things Aren't Exactly 'Normal' - Starting in late 2007 and through 2008 a historic, worldwide market crash brought some of the largest corporations in the world to their knees. Between bankruptcies and bailouts, many massive financial institutions have been struggling simply to keep alive. Trillion dollar currency markets have been thrashing up and down like penny stocks. The largest housing bubble in history has popped with governments intervening and thereby prolonging the effects. Worldwide trillions of dollars in market equity has been lost.
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