(NaturalNews) Despite the recent rebound in stock values following a major plunge caused by China’s currency devaluation and resultant market losses, a number of notable economists and distinguished investors say the worst is yet to come – and it could be catastrophic.
As reported by the The Sovereign Investor web site, billionaire Carl Icahn is among those who have recently tossed red flags into the air. Icahn recently declared in a national interview, “The public is walking into a trap again as they did in 2007.” Continue reading
Tag Archives: Andrew Smithers
We’re in the third biggest stock bubble in U.S. history
Here’s a quick question for you. What do the following years have in common:
1853, 1906, 1929, 1969, 1999
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Give up?
Those were the peaks of the five massive, generational stock-market bubbles in U.S. history.
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And, according to a new research report, we are back there again. Continue reading