Scots Warn: Big Crash Coming!
The Royal Bank of Scotland is forecasting a major crash in global stock and credit markets within the next three months! The cause, they say, is inflation. A report by the research department of the bank goes so far as to warn that Wall Street’s S&P 500 index may lose 300 points or more by September.
The report also calls for a brief rally early in July.
We all know, of course, that none of the experts can predict a crash or a rally with absolute certainty. But the S&P, the Dow and the Nasdaq have been falling in fits and starts for the last eight months.
You might want to check out our previous posts, “Seeing Bubbles Before They Burst” and “Time to Let the Dog In.” Or
look into this book by David Wiedemer, America’s Bubble Economy: Profit When It Pops
Do your own due diligence and be very careful when making investment decisions.