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George Soros avoided a loss of more than 17 million dollars by dumping shares of Facebook, Netflix and Goldman Sachs just before the big crash started happening.
Think trade wars are easy to win? Think again.
FANG Stocks Now In A Bear Market – Facebook Investors Have Already Lost 39 Percent Of Their Paper Wealth
Many just keep believing that their beloved tech stocks will eventually bounce back because they just can’t accept the fact that the party is over.
Global economic activity is slowing down, and things are shifting very rapidly now.
We haven’t seen anything like this since 2008, and many believe that the economic downturn that is now upon us will ultimately be even worse than what we experienced a decade ago.
The price of just about everything is set to increase in the coming months. Part of this is because manufacturers and suppliers are facing rising costs, just like the rest of us.
If this reminds you of 2008, it should, because that is precisely what we witnessed back then.
We could have made much different choices as a society, but we didn’t, and now we are going to have a great price to pay for our foolishness…
Just weeks before Americans will go to the polls, the Fed has been making headline after headline with talk about interest rate hikes. And they very well understand that interest rate hikes will rattle investors and slow down the economy. In fact, every Fed rate hiking cycle since 1957 has ended in either a stock market crash or a recession. So could the Federal Reserve be doing this on purpose in order to sabotage Donald Trump and the Republicans?