Could lead to further weakness in oil prices, recession and a serious equity bear market, strategists warn
2/5/16 – (CNBC) “The world appears to be trapped in a circular reference death spiral,” Citi strategists led by Jonathan Stubbs said in a report on Thursday. Continue reading “Citi: Wold economy seems trapped in a ‘death spiral’”
“Watch commodity prices very closely, watch currency and watch China because we’re going to see a lot of broken china.”
“We’re in the midst now of a global economic slow-down, a meltdown, that’s gonna be worse than the crash of 1929 because it’s been artificially inflated since the panic of ’08 with trillions of dollars of cheap money to pump up the equity markets so the big guys can make a lot of dough as everybody else loses money. The average American family has lost 6K dollars since ’08.” Continue reading “9/14/15 Inverview with Gerald Celente – “It’s Going To Be Worse Than the Crash of ’29””
Calstrs to discuss shifting up to $12 billion to Treasurys, hedge funds, other investments
The nation’s second-largest pension fund is considering a significant shift away from some stocks and bonds, one of the most aggressive moves yet by a major retirement system to protect itself against another downturn.
Top investment officers of the California State Teachers’ Retirement System have discussed moving as much as 12% of the fund’s portfolio—or more than $20 billion—into U.S. Treasurys, hedge funds and other complex investments that they hope will perform well if markets tumble, according to public documents and people close to the fund. Its holdings of U.S. stocks and other bonds would likely decline to make room for the new investments. Continue reading “9/3/15 “Giant U.S. Pension Fund Calstrs to Propose Shift Away From Stocks, Bonds””
Something is afoot as de-dollarization escalates around the world. With CNY/RUB trading volumes up a stunning 400% year-over-year to record highs, and hot on the heels of China’s (and much of EM Asia) dumping dollar assets, Russian President Vladimir Putin has just unleashed a new bill aiming to completely eliminate the US dollar from the trade of goods. Continue reading “9/2/15 Putin Targets US Monetary System: “Aims To Eliminate US Dollar From Trade””
Here are some recent quotes and headlines. Everything continues to speed up so this is just a couple of days of news. Gerald Celente, Coming Stock Market Crash, Russian Troops in Ukraine, Doomsday Clock Closer to Midnight, Silence of the US Media, California Drought, Russia and NATO Preparing for War.
Continue reading “News Update 8/18/15”
Here are some important quotes from the past week on the topic of financial issues. Open eyes, repentant hearts!
“I happen to think we’ve started the next bear market…The key you have to watch out for, when Mr. Fisher…comes out, takes to the podium and says we are going to do another round of QE and that sends stocks lower, that’s when you know it’s time to take cover. I think that day is coming where investors and citizens throughout the world will finally lose all faith in central bankers.” Continue reading “News Update 8/16/15”