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Out of Control

This is the scariest market I have ever seen. How can anyone be expected to trust their investments when the market can drop 300 points in less than 30 minutes? Day after day after day this is happening, and if you’re wondering ...

Posted On December 04, 20086 MIN Read
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This is the scariest market I have ever seen. How can anyone be expected to trust their investments when the market can drop 300 points in less than 30 minutes? Day after day after day this is happening, and if you’re wondering what the heck is going on….what’s causing this massive, never before seen volatility…here’s the answer; The stock market is expecting something big to happen, and that something “big” is not a positive expectation. As I’ve been writing, the economists and Wall Street analysts are way off on how bad this economy is…it’s almost like they are forecasting a completely different economy, maybe on planet Utopia.

The economist’s projections…90% of them… are still projecting just mildly negative GDP growth for the next two to four quarters. What do you think they will do when they see consecutive quarters with -5% growth? That is, if the numbers that the government puts out can even be trusted. Much like they’ve done with the CPI, Unemployment and M1, our friendly go...

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