HERE WE GO AGAIN: A MAJOR STOCK MARKET SELL-OFF COMING SOON!
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Manage episode 229869800 series 1165508
Our FEATURE today focuses on the global equity markets and the economy. We cite a major US economist Martin Feldstein who wrote a feature article this past weekend in the Wall St Journal titled "THE DEBT CRISIS IS COMING SOON" as well as 3 other analysts and journalists that voice a similar opinion. Dr David Eifrig of Stansberry & Associates says we're headed for a "Train Wreck". Justin Lahart of the WSJ says corporate "profit margins are getting squeezed". David Leonhardt of the NY Times cites a number of sources that bolster the left's desire to see the Republican economy tank prior to the election. Dr Eifrig's message is aimed at those nearing or at retirement who do not have the luxury of time to restore their equity portfolio. Other topics include: "FED SLOWDOWN SIGNAL HITS STOCKS", DOW & S&P break 200 day moving average, 7 million auto buyers 90 days or more past due on loans, Gold rallies, Palladium is a sell, Who's to blame for the trade deficit? , Dem's seismic changes, "WHY NEW YORKERS FLEE TO FLORIDA, The Midwestern floods and massive water in the west looming large. "Disclaimer: This commentary is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of this date and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. H. L. Quist is an Investment Advisor Representative."
466 episodes