Full-Blown Panic Coming As This Historic Market Bubble Implodes
KingWorldNews.com
June 14, 2015
On the heels of another chaotic trading week in major markets, today one of the top economists in the world sent King World News an incredibly powerful piece warning that a full-blown panic is coming as this historic market bubble implodes. Below is the fantastic piece from Michael Pento.
By Michael Pento of Pento Portfolio Strategies
June 15 – (King World News) – Even though the major stock market averages are flat for the first six months of the year, by nearly every measure the stock market is still extremely overvalued. This point is not lost on Ms. Yellen and company, as the Fed Chair herself has recently assented that the current value of stocks are “quite high.” Given this, the Fed must privately be afraid that even a small change in the Fed Funds Rate could serve as the needle that pops the massive bubble in the stock market.
The Rest…HERE
