News
news New biometric database can identify people through scars, tattoos and even their voice
news Cattle Are Being Mutilated And Killed In Eastern Oregon
news Insider Interview on Skinwalker Ranch History
news Squirrels Can Speak Bird
news US Navy pilot says mystery ‘dark mass’ emerged from ocean and swallowed torpedo
news Cognitive scientist says we see things as we need to, rather than as they are.
news A Movie You Control With Your Mind
news Radioactive Cloud That Blanketed Europe Traced to Russian Nuclear Facility
news Organization Says It’s Obtained ‘Exotic’ Metals Unknown to Science
news The frightening supernatural story of the Black Bird of Chernobyl
news Recent UFO Encounters With Navy Pilots Occurred Constantly Across Multiple Squadrons


Username:
Password: or Register
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

Expert who called the 2008 crisis says repeat of December meltdown is inevitable
LoP Guest
lop guest
User ID: 511640
10-13-2019 03:49 AM

 




Post: #1
Expert who called the 2008 crisis says repeat of December meltdown is inevitable
Advertisement
It will be much worst than a meltdown. IT WILL BE THE CRASH. Source. The cover of the economist magazine for 2019. Look it up. November to remember 5/11.
Buckle up.




Edge of your seat or under your seat may both be good spots to watch the U.S.-China trade talk-show this week.

There’s been a stream of news reports, and many of them thus far have been positive.

And then earnings season kicks off next week with some big banks. Before you know it, we’re hitting the holidays and maybe some uneasy flashbacks to last year’s December stock meltdown.

A repeat of that rout may be unavoidable, warns our call of the day from Goldman Sachs alumnus Raoul Pal. “We’re coming into a period of illiquidity for equities,” the author of the Global Macro Investor newsletter, followed by the world’s biggest hedge funds, told MarketWatch in a recent interview.

He cites three reasons why a repeat of that stock selloff may be inevitable. The first is the blackout period for companies, which hits around earnings time when their share buy backs start to slow. Secondly, he notes that this year has also seen problems with the short-term borrowing market, or repo market, that the Federal Reserve has been trying to tackle. It could mean less buying from market makers — who help create liquidity for markets by bringing buyers and sellers together.

Pal says the third biggest issue facing stocks involves the baby boomers, Americans born between the mid 1940s and mid 1960s. They face an annual requirement to sell about 5% of their individual retirement accounts, loaded with stocks in some cases, as they reach 70.5 years old.

“The problem is the gap between this year and last year is huge. It’s like 50% increase in the amount of selling that has to be done,” said Pal, who was among the few investors who predicted and profited amid the 2008-09 mortgage meltdown. “They have to start selling by year-end. If you take out the Christmas week and you’re a financial adviser, and you want to get this done early, you will start in October.”



marketwatch.com/story/expert-who-called-the-2008
Quote this message in a reply








Contact UsConspiracy Forum. No reg. required! Return to TopReturn to ContentRSS Syndication