Vigilante
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- Mar 9, 2014
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- Not a market crisis, it’s an outright ‘selling stampede’
Market Watch ^ | January 7 2016 | Mark DeCambre
DOW -393 NAD -147 SP-47 The market is currently in panic mode. Investors across the globe are wading in a sea of deep red, sparked by concerns about slumping global growth — otherwise known as China. But Jeff Saut, chief investment strategist at Raymond James, appears to be suggesting that the selloff that has gripped markets over the past several days is equivalent to what he describes as a “selling stampede” that could last about a month before it’s exhausted.In other words, he (unlike George Soros) is holding off before calling this a crisis. “For whatever reason, our stock market,...
Profit Confidential - 6 hours ago
George Soros predicts a global financial crisis and U.S. stock market crash on par with 2008.