Stock Collapse In China Fuels Worldwide Panic…”the worldwide panic has just begun…”
KingWorldnews.com
January 04, 2016
On the heels of Chinas stock market plunge creating panic in global markets to start the new year, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned that China’s stock collapse is just the beginning of the panic.
By Egon von Greyerz, Founder of Matterhorn Asset Management
January 4 (King World News) – Stock Collapse In China Fuels Worldwide Panic
We ended 2015 as yet another year when most investors felt safe with their stocks, bonds, property, and other investments. And why shouldn’t they? Most major investment markets are at an all-time high. US stocks are up almost three times since 2009, and prime property markets have been booming. In the short term, markets don’t reflect risk but primarily sentiment and the weight of money. But with the nearly 8 percent plunge in stocks halting trading in China and sending European stocks tumbling, the worldwide panic has just begun…
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