Silver flash crash, was it a glitch or was this manipulation gone crazy. June employment number are in and once again they are manipulated to make everyone believe the economy is doing well. Jobs added came from government, food and retail, so jobs added were part-time. Business and consumer are declaring bankruptcies has the economy breaks down. Junk bonds are signalling the end of a credit cycle. BofA is now predicting using their models that the market is going to crash this fall.
Consumers and Businesses Buckle under their Debts
Ray Dalio Says Central Banks Are Closer to Getting It Wrong Now
BofA: “Massive Market Inflection Point Coming This Summer: Will Lead To Fall Crash”
Europe’s stock markets CRASH: 3-month low over Euro Bank’s support withdrawal
BOJ Asserts Control Over Rising Yields With Purchase Offer
Bank of Japan offers to buy unlimited amount of bonds to calm markets
Reuters–7 hours ago
EU Rescue Fund Approves 8.5 Billion-Euro Aid Payout for Greece
Hartford Hires Restructuring Firm as Fiscal Strains Build
Hartford’s tax base of about $4.1 billion is about two-thirds that of neighbor West … been delaying its fiscal reckoning by pushing debt payments into the future, ..