Article Index
Bear Market
The global markets are in bear market territory with the MSCI All Country World Index down more than 20% from a high set last May. It’s not surprising when you look at ongoing weakness in oil prices, weak global growth, and a growing number of global central banks…
Bear Market Coming: Analyst This $240-billion investment officer is predicting that technology stocks are poised to enter a bear market, with the NASDAQ Composite Index set to plummet further in 2016. Scott Minerd, chief investment officer for Guggenheim Partners LLC, says the NASDAQ Composite Index could crash this…
Analysts at Citigroup appear to be throwing in the towel after suggesting the global economy was caught in a “death spiral” that adds to my recent thesis that we could be in for a much bigger stock market crash. (Source: “Citi: World economy trapped in ‘death spiral,” Yahoo!…
Despite a year or more of not so subtle economic warnings, Wall Street and corporate American CEOs have been reassuring us that the U.S. economy is strong. But anyone who reads Profit Confidential knows that the U.S. economy has been charging toward a recession for a long time…
Poor economic data, signs of a slowing global economy, and tumbling oil prices have sent U.S. stock markets off on one of its worst starts in years. But according to the latest stock market outlook from one analyst, we could be on the verge of a major bear…
For a number of years now, I’ve maintained that the U.S. and global economies would be in better shape had the central banks from around the world never intervened. After eight years of manipulating interest rates and pouring trillions of dollars into the economy, with no exit plan…
There are two important stock market-related charts investors should be worried about. They will be of the utmost interest to bearish investors. Bearish Investor Sentiment Plummets The first chart has to do with the declining number of stock market bears. The best time to buy stocks is when…
This past Friday, the Bureau of Labor Statistics reported 175,000 jobs were added to the U.S. economy in the month of February. (Source: Bureau of Labor Statistics, March 7, 2014.) The way the media reported it… “Friday’s jobs market report caught the market by surprise,” was what most…
To close off the week, I’d like to offer some words of wisdom from my old friend Tony Jasansky, P.Eng. Tony has spent more than 40 years studying and analyzing the markets. He’s one of the best stock market analysts I know. Here’s what he has to say…
Back in late 2011, I created a widely circulated video that included six predictions. I hit it on the head with five of those predictions. But the winners are not what are important to my readers today; it’s the prediction I didn’t get right that’s vital now Back…
Back in April, I said gold was looking bad on the chart and that as long as the stock market continued to advance higher, the prospects for gold were dim. (Read “Is Gold’s Near-Death Crisis Over-Exaggerated? Concerns of a Market Meltdown May Not Be.”) Fast-forward two months, and…
Since the announcement from the Federal Reserve about tapering off quantitative easing, the key stock indices have been showing increased selling pressures. Just take a look at the chart of the S&P 500 below. Chart courtesy of www.StockCharts.com The S&P 500 started 2013 with momentum to the…
As of March of this year, 47.7 million Americans are now on some form of food stamps. Between 2000 and 2012, the number of Americans resorting to food stamps increased more than 171%. In 2000, there were just 17.1 million Americans on food stamps. (Source: U.S. Department of…
While an economic slowdown is looming over the global economy, no one seems to care, as stock markets continue to reach new record-highs—giving investors false hopes of economic growth. But how long can this mirage actually last? The economic slowdown in the global economy I’m talking about is…
Is it just me, or have investors completely abandoned the concept of risk and reward? The reality of the situation is that the key stock indices are treading in shark-infested waters and the risks are piling up daily. I see bearish signals all over, but the theme among…
As I have been writing in these pages, after a bull market that has gone on for 12 years, the recent pullback in gold bullion prices should be seen as a correction in an ongoing bull market in the metal. I see the pullback as a buying opportunity.…
Commodity prices have been heading lower on the charts. In fact, it has been an awful few days for gold as prices plummeted, failing to hold $1,500 an ounce. Prices dove right through support at $1,400 to $1,385.62 on Monday—the lowest level since 2011. The shiny yellow ore…
Gross domestic product (GDP) in the U.S. economy mainly consists of consumer spending. Hence, the more consumers spend and buy, the better our economic conditions become. In 2012, consumer spending in the U.S. economy accounted for more than $11.1 trillion. (Source: Federal Reserve Bank of St. Louis web…
The threat of an economic slowdown in the global economy is increasing each day, but thanks to the optimistic stock markets flaring due to easy money, the threat goes unnoticed. Copper stockpiles in the London Mercantile Exchange warehouses have reached a 10-year high. Since the beginning of this…
