Will our Relationship with China Cause Another Bubble on Wall Street and Shanghai

Our relationship with China is very important at this stage of the game.  Lets hope they continue to buy US Treasury Bonds. Gary Dorsch ( Global Money Trends ) submits:   Since the historic 1987 stock market crash, the Federal Reserve has responded to every recession in the United States economy by cutting interest rates, and funneling cash to the hands of the people that had a major hand in getting us in this mess.  (Yes, the Wall Street Fat Cats and the ruling class that dominates the two political parties in Washington). The Federal reserve's cash injections have usually found their way into assets, including commodities, stocks, and mortgage-backed securities, and often fueling speculative binges into stratospheric heights. There are some good charts in the rest of this article. Tags: , ,

Tudor Jones suspends withdrawals from flagship fund

Paul Tudor Jones, who shot to fame and made a fortune when he predicted the 1987 stock market crash, has suspended withdrawals from his $10bn flagship hedge fund and plans to split out toxic assets into a new fund with lower fees. Tags: , ,

The 1987 Stock Market Crash And Saving Citibank in 2008

The core of the problem in the stock market today is not the economy. It is not the drop in home prices. It isn’t even the overplayed “mortgage crisis”. It is SHORT SELLERS! From the theliepolitic.com Really?  Are you sure?  What spikes up will spike down.  Do the short sellers increase the speed of the spike down?  Of Course.  But I don't see that being the core problem.  The real reason is that the market as been on the edge for a downturn for the past 15 years, and the powers at be have been propping it up.  It's simple physics at the most basic level.  And supremely complicated at the other end.  What ever has gone up for this long must come down.  Just look at the historical charts.  You'll be amazed how we lasted this long. Tags: ,

Animal spirits are weakening

'Animal spirits' are weakening The Gazette (Montreal), Canada - 12 hours ago For example, the Oct. 19, 1987, stock market crash was the biggest one-day drop ever. The Standard & Poor's Composite fell by 20.5 per cent, the FTSE 100 by ...
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Food Riots and Tax Rebellions By 2012

The man who predicted the 1987 stock market crash and the fall of the Soviet Union is now forecasting revolution in America, food riots and tax rebellions - all within four years, while cautioning that putting food on the table will be a more pressing concern than buying Christmas gifts by 2012. Tags: ,

The anatomy of a crash: What the market upheavals of 1987 say about today

Twenty years ago on Friday , traders in New York arrived for the start of the working week in a worried frame of mind. Wall Street stocks had shed more than 5 per cent the previous Friday, leaving them with a weekend to ponder where the market would go from there. Tags: , ,

The first circuit-breaker rules were implemented following the 1987 market crash

With this morning's carnage in overseas markets and the triggering of the Chicago Mercantile Exchange's (CME) circuit-breaker rules to limit losses, we decided to take a quick look at circuit breakers in this commentary.According to the New York Stock Exchange's (NYSE) website, circuit breakers were instituted in 1988 following the 1987 market crash...( Read More ) Tags: , , , , ,

A Look Back at the 1987 Market Crash

The increased volatility in the US Stock markets over the past few weeks has scared investors, now may be a good time to look at what happened in the 1987 market crash. In the days between October 14 and October 19, 1987, major indexes of market valuation in the United States dropped 30 percent or more. On October 19, 1987, a date that subsequentl Tags: , , ,