GOLD BANK RUN ACCELERATING: First Venezuela, Then Germany, The Netherlands, And Now Switzerland Want Their Gold Back!!
The Start Of A Historic Global Financial Meltdown: US Economy Is Slipping Into Reverse, Europe Goes Back Into Collapse Mode, And Hyperinflation Is Coming To Every “Developed” Country Near You!!
World’s central bankers at Davos warn cheap money’s blowing a new asset bubble. Dr. Doom, Marc Faber, “loves the high odds of a ‘big-time’ [...]
10 signs Wall Street’s soul sickness grows worse
By Paul B. Farrell, MarketWatch
Yes, the Dow and S&P500 hit new highs. But the rally’s hiding huge risks: “GDP turns negative as U.S. economic recovery stalls,” screams one headline. Another hears a “Ticking Time Bomb.”
World’s central bankers at Davos warn cheap money’s blowing a new asset bubble. Dr. Doom, Marc Faber, “loves the high odds of a ‘big-time’ market crash.” [...]
Legendary investor Doug Kass of Seabreeze Partners thinks that by the end of this week, investors will see the top in the S&P 500 for the rest of the year.
In his “15 Surprises for 2013,” published today on TheStreet.com, Kass writes:
Once again, the bullish consensus is tightly grouped with the expectation that the S&P 500 will close the year at 1550-1615 (up from 1425 at the close of 2012) and that the 10 year U.S. note [...]
Bottom line: nothing now, QE3 now expected to be delivered Sept. 20? or not…
BERNANKE SAYS FED HAS LIMITED ABILITY TO ENSURE LONG-RUN GROWTH
BERNANKE DOESN’T SIGNAL NEW STEPS FOR PROMOTING U.S. GROWTH
BERNANKE SAYS EXTRA DAY TO ALLOW `FULLER DISCUSSION’ OF TOOLS
BERNANKE SAYS FED TO EXTEND SEPT. FOMC MEETING TO TWO DAYS
BERNANKE SAYS FED HAS `RANGE OF TOOLS’ FOR STIMULATING GROWTH
BERNANKE SAYS `FINANCIAL STRESS’ WILL BE A `DRAG’ ON RECOVERY
Readers can [...]
Just when you thought investors couldnâ€™t possibly get more bullish they surprise to the upside.Â This morningâ€™s Investorâ€™s Intelligence survey showed a fresh high bullish reading of 58.8%.Â This is the highest reading since the second week of October 2007 â€“ just one week shy of the all-time market high of 1565 on the S&P 500.