• 5 hours The Real Estate Reality Of America’s New Boom Cities
  • 1 day Most Americans Don’t Have Their Dream Job Just Yet
  • 2 days Buffett Bets Big On Banking Stocks
  • 2 days Gold Miners Face More Bearish Pressure
  • 3 days NATO Hits Up Startups For Tech Evolution
  • 3 days Italy’s Budget Defiance Sends Bond Yields Soaring
  • 3 days Iran Turns To Crypto As SWIFT Cuts Off Central Bank
  • 4 days Chinese Gold Demand On The Rise
  • 4 days IMF Calls On Central Banks To Consider State-Backed Crypto
  • 4 days Why Are Wall Street Banks Fighting Over Gamers?
  • 4 days An Army Of ‘Verified’ Twitter Accounts Is Promoting Bitcoin Scams
  • 5 days New A.I. Virtual Assistant Gives Traders An Edge
  • 5 days How To Play The 5G Revolution
  • 5 days China’s “Singles’ Day” Sees $31 Billion In Sales
  • 5 days Can Big Oil Save Brazil From Its Crushing Debt?
  • 6 days IBM Launchs Global Payments System With New Stablecoin
  • 6 days Trump Lashes Out As Stocks Slip
  • 6 days Dollar Rally Drags Down Commodities
  • 6 days 5 Signs Pointing To A Gold Rally
  • 7 days Low Oil Prices Weigh On Stock Market
Saudi Stocks Plummet As Foreign Investors Bail

Saudi Stocks Plummet As Foreign Investors Bail

The death of journalist Jamal…

EU Weighs New Payment System With Iran To Skirt U.S. Sanctions

EU Weighs New Payment System With Iran To Skirt U.S. Sanctions

Demonstrating its eagerness to continue…

John Rubino

John Rubino

John Rubino edits DollarCollapse.com and has authored or co-authored five books, including The Money Bubble: What To Do Before It Pops, Clean Money: Picking Winners…

Contact Author

  1. Home
  2. Markets
  3. Other

Where Is The Market Turmoil Taking Us?

On Monday, stocks tanked around the world and so did oil, breaking $27. On Tuesday things looked better. Central banks were jawboning, with Mario Draghi making noises about intervening. The Chinese were also busy buying stocks. The true test is when the banks really start intervening and whether they will be able to reflate another cycle. At some point this strategy is bound to fail. Will it be now or the next time? That past couple of weeks have seen a very brutal bear market. If you look at the average stock, it has lost more than 20 percent. Sounds like a bear market in the making with tech stocks leading the way.

 

Back to homepage

Leave a comment

Leave a comment