A quick update on new warnings sent by the Weiss Research team...
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Heads up people. Something very big is happening in the global credit markets — something you darn well better pay attention to.
The very same “Credit Crisis” indicators that were flashing red before the stock market meltdown of 2007-2008 — the ones Martin and I used to get our subscribers out of almost all stocks, and “short” the market via inverse ETFs — are flashing red again.
Pay attention and you might save your portfolio. Ignore them and you could get slaughtered. (Mike Larson, "Credit Crisis Indicators Going Bonkers Again! Batten Down the Hatches!" 05-28-10)
The very same “Credit Crisis” indicators that were flashing red before the stock market meltdown of 2007-2008 — the ones Martin and I used to get our subscribers out of almost all stocks, and “short” the market via inverse ETFs — are flashing red again.
Pay attention and you might save your portfolio. Ignore them and you could get slaughtered. (Mike Larson, "Credit Crisis Indicators Going Bonkers Again! Batten Down the Hatches!" 05-28-10)
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Additionally, the Fitch's credit rating for Spain was downgraded this weekend, so the European sovereign debt issue continues to spread. Meanwhile, American political and government financial leadership continue to tell us that the economic recovery is still doing well. Who do you want to put your money on?
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