World heading for financial crisis worse than in 2008 — China’s Dagong rating agency head

BEIJING, February 4. /TASS/. The world economy may slip into a new global financial crisis in the next few years, China’s Dagong Rating Agency Head Guan Jianzhong said in an interview with TASS news agency on Wednesday.

“I believe we’ll have to face a new world financial crisis in the next few years. It is difficult to give the exact time but all the signs are present, such as the growing volume of debts and the unsteady development of the economies of the US, the EU, China and some other developing countries,” he said, adding the situation is even worse than ahead of 2008.” Continue reading

The experts who expect bonds funds to crash in 2015

Concerns have been rumbling for some time that bonds – whether issued by companies or governments – are due for a sharp crash.

At the start of 2014 many wrote off bonds and said that private investors should sell their bond funds and move into shares or other assets.

But those who ignored this advice and kept their bonds investments have done well over the past year.

In fact, as a whole, bonds have beaten equities so far in 2014.

So what does 2015 hold? Again, opinion is divided.

Continue reading

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

Give up?

Those were the peaks of the five massive, generational stock-market bubbles in U.S. history.

And, according to a new research report, we are back there again. Continue reading