“It’s Possible The Decline Has Already Begun…”

Read more on this subject: Stock Market
News Story Source: https://www.zerohedge.com by Simon Black
The terrible stock market crash that signaled the beginning of the Great Depression was in October of 1929.

The stock market crash known as Black Monday was in October of 1987.

In 1997, the Asian financial crisis sparked another stock market crash in… you guessed it—October.

And back in 2007 at the height of the giant bubble that almost brought down the entire financial system, the stock market peaked once again in… October.

It's not that October is particular cursed. Maybe it's just a coincidence. But I do find it strangely ominous that asset prices seemed to have peaked last month (October) and have been in decline ever since.

Real estate prices are starting to show signs of strain; more than one-third of homes for sale had a large price cut in October– the most discounting in the past eight years.

Corporate and government bonds are falling.

The S&P 500 is down 7%, and the big popular technology stocks that have been fueling the b
Read More or Make a Comment

Bookmark the permalink.

Comments are closed.