Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
What warning signs are you looking for?
19 September 2013, 15:49,
#5
RE: What warning signs are you looking for?
My view is the financial meltdown is the most likely crisis, so I like to watch the financial news. Right now the US stock market is near record highs, but the Federal Government says the economy stinks so they need to continue the QE charade. (that's where the fed is buying treasury bonds). yesterday the US market soared on the "good" news that the economy stinks and QE will continue. Admittedly, I am no expert. Watching the markets going up and up for no real reason other than the government is printing more money just doesn't make sense to me.
I like to keep an eye on the 10 year US treasury bond rate. Now it is at 2.73pc. From what I've read if this goes to over 3 pc that may be a sign the crash is very close.

If the worldwide financial markets have a major correction that could lead to the other signs: riots, hyper inflation, even greater unemployment.

Just for the record, I sincerely hope the market crash doesn't happen. Sure wont help my family. I fear the underlying issues (too much debt) are worse now than in 2008 when we were on the precipice of another depression. (according to TPTB) They postponed the inevitable correction by pouring more money into the system. Hope I'm wrong.
Reply


Messages In This Thread
What warning signs are you looking for? - by Scythe13 - 19 September 2013, 14:48
RE: What warning signs are you looking for? - by Sunna - 19 September 2013, 15:24
RE: What warning signs are you looking for? - by Rush2112 - 19 September 2013, 15:49
RE: What warning signs are you looking for? - by Nix - 19 September 2013, 18:30
RE: What warning signs are you looking for? - by Jonas - 19 September 2013, 19:05
RE: What warning signs are you looking for? - by Jonas - 19 September 2013, 19:09
RE: What warning signs are you looking for? - by Bucket - 19 September 2013, 22:55
RE: What warning signs are you looking for? - by Binnie - 20 September 2013, 06:53
RE: What warning signs are you looking for? - by MaryN - 20 September 2013, 21:19
RE: What warning signs are you looking for? - by MikeA - 20 September 2013, 21:24
RE: What warning signs are you looking for? - by Sunna - 21 September 2013, 00:41

Forum Jump:


Users browsing this thread: 1 Guest(s)