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ALERT! WSJ is trying to save the markets by spreading rumors!!

via WSJ:

BERLIN—Germany is sending strong signals that it would eventually be willing to back ideas such as joint European bonds or a banking union if European leaders are willing to give up more sovereignty and transfer significant powers over national budgets to Europe, a step that, if embraced, would redesign monetary union and be one of the boldest steps taken by the bloc since the euro was launched.

Europe has been [...]

Tom DeMark sees a drop of at least 11 percent in the Standard & Poor’s 500 Index.

The Market Studies LLC president told Bloomberg that U.S. stocks are within a week of “a significant market top” that is likely to precede a drop of at least 11 percent in the Standard & Poor’s 500 Index. “I’m pretty confident that in one to two weeks, the market will be in a descent,” said DeMark, founder and chief executive officer of Market Studies LLC. “It could be pretty [...]