Are We Close To Seeing Carnage Unfold?
KingWorldNews.com
August 17, 2016
With traders around the world awaiting today’s release of the FOMC Minutes, several warnings have just been issued.
August 17 (King World News) – Gerald Celente – Global equity markets are spiking. Records are being broken…
Why? Is it strong Gross Domestic Product increases among the world’s leading economies… the United States, China, Japan and eurozone nations that are driving the frenzy?
Is it accelerating commerce that’s sending products and services far and wide across the globe that’s increasing corporate profitability — boosting trade, productivity and personal income that’s driving stock markets higher?
Remember January?
Go back to January. The equity markets were in a terrible slump. The Dow rang in the New Year on the lowest down note in its history. By late January, the Russell 2000, a broad measure of US equity markets, was down some 23 percent from its peak.
Around the world, it was more of the same but worse. Some $6 trillion of global share value was wiped from the face of the world’s equity markets. The Shanghai Composite Index fell over 20 percent from a high in late December, and Japan’s Nikkei Index was trapped in bear-market territory.
The Rest…HERE
