Caveat Emptor: Equities On Fire After U.S. Indices Hit New Highs

by Pinchas Cohen

Key Events

Global stock momentum is heating up. Asian equities advanced for a ninth consecutive day, fired by yet another US equity record, and after the Bank of Japan, as expected, kept its unprecedented monetary stimulus. European stocks followed global counterparts higher.

Continue reading

Advertisements

When will Stock Market Crash? This Guy Predict One Possible Scenario…

Full credit to: Charles Hugh Smith

The one thing we can know with certainty is it won’t be easy to profit from the crash.

After 8+ years of phenomenal gains, it’s pretty obvious the global stock market rally is overdue for a credit-cycle downturn, and many research services of Wall Street heavyweights are sounding the alarm about the auto industry’s slump, the slowing of new credit and other fundamental indicators that a recession is becoming more likely.

Few have taken the risk of projecting a date for the crash, this gent being a gutsy outlier: Hedge Fund CIO Sets The Day When The Next Crash Begins.

Next February is a good guess, as recessions and market downturns tend to lag the credit market by about 9 months.

Continue reading