David Stockman: Stocks are heading for 40-70% plunge
- kirtland r.m.
- Level 34 Illuminated
- Posts: 5149
David Stockman: Stocks are heading for 40-70% plunge
I have warned about this, but I thought it would have happened some months ago. We are overdue and it won't be pretty.https://www.cnbc.com/2017/09/29/david-s ... rcent.html
- GrandMasterB
- captain of 1,000
- Posts: 1125
Re: David Stockman: Stocks are heading for 40-70% plunge
I agree. I am just watching in amusement. The longer this goes on the worse it will be.
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- captain of 1,000
- Posts: 1795
Re: David Stockman: Stocks are heading for 40-70% plunge
My prediction for Oct 2017 crash is a scary reality. Big mess in Spain with independence vote, that could be a trigger.
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- Level 34 Illuminated
- Posts: 9935
Re: David Stockman: Stocks are heading for 40-70% plunge
Luckily after Elder Ballard's talk, the church will pull out of stocks and invest in something that's not so risky and such a "quick rich" scheme. I hope.
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- captain of 1,000
- Posts: 1795
Re: David Stockman: Stocks are heading for 40-70% plunge
http://www.zerohedge.com/news/2017-10-0 ... eating-pea
Spain in big chaos
http://www.zerohedge.com/news/2017-10-0 ... r-showdown
NK options for war, is al that is left
Spain in big chaos
http://www.zerohedge.com/news/2017-10-0 ... r-showdown
NK options for war, is al that is left
- GrandMasterB
- captain of 1,000
- Posts: 1125
Re: David Stockman: Stocks are heading for 40-70% plunge
Well looks like they voted for independence. We shall see!Spaced_Out wrote: ↑October 1st, 2017, 2:34 pm My prediction for Oct 2017 crash is a scary reality. Big mess in Spain with independence vote, that could be a trigger.
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- captain of 1,000
- Posts: 4066
- Location: Vineyard, Utah
Re: David Stockman: Stocks are heading for 40-70% plunge
Why do you think investing in the stock market is a "quick rich" scheme?
- DEEPER storm
- captain of 100
- Posts: 107
Re: David Stockman: Stocks are heading for 40-70% plunge
My prediction for 2017-2050 stock market will rise to 50,000. We are in a 'Melt Up'. A dramatic and unexpected improvement in the investment performance of an asset class driven partly by a stampede of investors who don't want to miss out on its rise rather than by fundamental improvements in the economy. Gains created by a melt up are considered an unreliable indication of the direction the market is ultimately headed, and melt ups often precede melt downs.
https://www.cnbc.com/2017/07/28/market- ... -says.html
https://www.cnbc.com/2017/07/28/market- ... -says.html