Its Happening: America has seriously freaked out. Search Term: "Sell Stocks" breaks new highs above 2008!… “Imminent” 2018 US stock market crash of up to “50%”



h/t @StockBoardAsset
 


City of London financiers contemplate “imminent” 2018 US stock market crash of up to “50%”

A new analysis published on the website of a London-based think-tank, funded by the world’s biggest banking and financial services institutions, warns that the US stock market is on the brink of an imminent crash that could trigger another global recession.

The document by a senior US economist and former Houblon-Norman Fellow at the Bank of England is published on the website of the Centre for the Study of Financial Innovation (CSFI), which runs around 100 roundtable events a year involving financial services insiders from the UK and beyond.

The document forecasts that in 2018, US stock prices are likely to plummet by as much as “forty to fifty percent”?—?compared to the less than five percent plunge in early February. The document was published weeks before the recent stock market volatility.

The warning of a forty to fifty percent drop points to the prospect of a global financial crash worse than the 2008 banking collapse.

It comes at a time when the Federal Reserve, Bank of England and other authorities are looking to tighten up their cheap money policies, as economic growth is at its highest levels since the 2008 slump.

 
Reagan black Monday, Bush Great Recession, Trump Great Depression 2.0.

Europe’s $1 Trillion Bad Loan Headache
Tepid Loan Data Answers The Boom Narrative

645 views