"Killer Wave" Confirms Big Bear Market Looms
Excerpted from James Stack's InvesTech.com,
Technical Evidence: Confirming a bear market
Excerpted from James Stack's InvesTech.com,
Technical Evidence: Confirming a bear market
Submitted by Stefan Gleason via Money Metals Exchange,
"The last duty of a central banker is to tell the public the truth."- Alan Blinder, former Federal Reserve Board Vice Chairman
The Federal Reserve Board finds itself back in a quandary of its own making. When Fed chair Janet Yellen pushed through an interest rate hike this past December, she confidently cited an "economy performing well and expected to continue to do so."
Via Dana Lyons' Tumblr,
The correction in the equity markets has brought the S&P 500 down close to a confluence of key technical levels.
Submitted by Christoph Gisiger via Finanz Und Wirtschaft,
Fred Hickey, editor of the widely read investment newsletter «The High-Tech Strategist», warns of more trouble to come for stocks and spots bright investment opportunities in the gold sector.
Over the past two years, Jeff Gundlach has been alternating between dispensing fire and brimstone, and doom and gloom. More importantly, he has also been right which explains why as his arch nemesis Pimco has been losing billions in AUM, Gundlach's DoubleLine has been getting bigger by the day.