Change in Global Markets is Now Happening Violently, Look for More Carnage, Plus a Note from Fred Hickey
from King World News
With the Nasdaq falling nearly 2 percent, while gold and silver surged, today one of the greats in the business warned that change in global markets is now happening violently but there will be even more carnage, plus a note from Fred Hickey.
By Bill Fleckenstein President Of Fleckenstein Capital
February 8 (King World News) – I’m going to begin a bit differently today and cut right to the chase. One hour into the day the Dow, S&P, and Nasdaq were about 2% lower. One recent excuse that was not the culprit in this case was China, whose markets are closed this week. I bring that up because people in America are constantly trying to find the reason why our stock market has declined and blaming it on anything except the facts. (That’s not to say there aren’t problems in China that will have an impact here, because there are, and they will — ditto Europe.)…
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Source: http://financialsurvivalnetwork.com/2016/02/change-in-global-markets-is-now-happening-violently-look-for-more-carnage-plus-a-note-from-fred-hickey/?utm_source=rss&utm_medium=rss&utm_campaign=change-in-global-markets-is-now-happening-violently-loo
