Celente: They Are Hiding The Truth – This Is How Bad Things Are In The United States
KingWorldNews.com
November 21, 2019
hey are hiding the truth. This is how bad things are in the United States.
The Truth About The U.S. Is Hard To Believe
November 21 (King World News) – Gerald Celente: The S&P 500 and Nasdaq hit record highs (earlier) this week, with the Dow jumping more than 200 points, continuing its four-week run.
Could they be rising because economies are contracting around the world? The U.S.-China trade war? The unrest in the streets in every hemisphere?
The real answer was found in a survey that polled investors with a combined worth of $574 billion in assets.
Their behavior can be explained, as Michael Hartnett, Chief Investment Strategist at Bank of America said:
“Investors are experiencing Fomo – the fear of missing out – which has prompted a wave of optimism and jump in exposure to equities and cyclicals.”
Simply stated, cheap money encourages further gambling.
Disconnected from the rising inequality, frustrated and struggling citizenry, and collapsing economies around the globe, the survey respondents expect stocks to perform even better next year…
The Rest…HERE
