In an eerie repeat of what we witnessed in 2008, U.S. stocks are steadily sliding throughout the summer as we head toward the month of September. By Michael Snyder From August 1st, 2008 to September 1st, 2008 the Dow fell by nearly 700 points. And of course we all remember what happened the following month. … Continue reading
Will there be a financial collapse in the United States before the end of 2015? By Michael Snyder An increasing number of respected financial experts are now warning that we are right on the verge of another great economic crisis. Of course that doesn’t mean that it will happen. Experts have been wrong before. But … Continue reading
The month of August sure has started off with a bang. Tech stocks are crashing, oil is crashing, industrial commodities are crashing, Greek stocks crashed the moment that the Greek stock market reopened for trading, and Chinese stocks continue to crash. By Michael Snyder At this point we have not seen a broad crash of … Continue reading
Was last week a preview of things to come? There are quite a few people out there that believe that the stock market would begin to decline in July, and that appears to be precisely what is happening. By Michael Snyder Last week, the Dow Jones Industrial Average fell by more than 530 points. It … Continue reading
Have you heard of the saying “sell in May and go away”? Traditionally, the period from May through October has been a time of weakness for stocks. By Michael Snyder On average stocks hit their lowest point of the year on October 27th. And most people don’t remember this, but the Dow Jones Industrial Average … Continue reading
Is this the end of the last great run for the U.S. stock market? Are we witnessing classic “peaking behavior” that is similar to what occurred just before other major stock market crashes? By Michael Snyder Throughout 2014 and for the early stages of 2015, stocks have been on quite a tear. Even though the … Continue reading
By Michael Snyder We are really starting to see the price of oil weigh very heavily on the economy and on the stock market. On Tuesday, the Dow was down 291 points, and the primary reason for the decline was disappointing corporate sales numbers. For example, heavy equipment manufacturer Caterpillar is blaming the “dramatic decline … Continue reading