Search Result for “Stock markets are crashing”

You would think that the simultaneous crashing of all of the largest stock markets around the world would be very big news. But so far the mainstream media in the United States is treating it like it isn’t really a big deal. Over the last sixty days, we have witnessed …
Read More

In 2008, we experienced a nightmarish financial crisis that was felt in every corner of the globe.  Is such an event about to happen again?  On Friday, the Dow Jones Industrial Average plunged 1,008 points as panic swept through Wall Street in the aftermath of Jerome Powell’s dramatic speech in …
Read More

Is this “the Big One”?  On Wednesday, I warned that the Federal Reserve had made a “colossal mistake” when it increased its benchmark interest rate by 50 basis points, and it looks like investors on Wall Street fully agree.  We just witnessed one of the largest single day stock market crashes in …
Read More

Even though there have been so many problems with the economy over the last 12 months, many Americans continued to believe that everything would eventually be okay because stock prices remained stubbornly high.  But now that stock prices are crashing, the cold, harsh reality of what we are facing is …
Read More

Is the party finally over on Wall Street?  So far this month, the Dow is down more than 4 percent, the S&P 500 is down almost 8 percent, and the Nasdaq has fallen over 12 percent.  In fact, the Nasdaq dropped almost 4 percent on Tuesday alone, and at this …
Read More

A stock is only worth what someone is willing to pay for it at a particular moment in time.  Sadly, this is a lesson that many GameStop traders are learning right now.  Just a few days ago, GameStop had surged above $300 a share and a lot of investors that …
Read More

The insanity that we are currently witnessing in the financial markets is difficult to believe.  Personally, even though I operate a website called “The Economic Collapse Blog” and I write about these things every day, when someone told me that the price of oil had fallen below minus 30 dollars a barrel …
Read More

At least for the short-term, the Federal Reserve could have calmed the markets and encouraged economic activity by leaving interest rates alone. In the end, they decided not to do that, and that makes one wonder what they are really trying to achieve.
Read More

The truth is that nothing has changed as far as the long-term outlook is concerned. Without a doubt we will pay a very great price for our mistakes, and a day of reckoning is inevitably coming.
Read More

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.
Read More