Does the year 2000 and 2007 ring any bells? The drop in the #DowJones to bear market territory took 8 MONTHS. Oct 2007 – June 2008… It’s coming faster this time.

As the household net worth (purely debt) as a % of disposable income (“wealth effect”) gets above 600%, savings rates seem to drop sub-5% in unison; then net worth dissipates … Read more

Peter Schiff: The U.S. Is Headed For A Sovereign Debt And Currency Crisis…. Gundlach: The Unwind Will Be Turbulent… Jim Rogers: Next Bear Market Will Be Worst in His Life

Gundlach: Brace for Impact, “The Unwind Will Be Turbulent” We’ve said it before, we’ll say it again. You can’t exploit “emergency stimulus” level interest rates for the benefit of a … Read more