Stocks To Plunge As World Enters Massive Bank Panic
June 14, 2013
Top Citi analyst Tom Fitzpatrick’s team sent King World News three extraordinary charts warning that a massive stock plunge and bank panic may stun bullish market participants and send shock waves through the global financial system. KWN is pleased to share this warning with with our readers. Below is what top Citi analyst Fitzpatrick’s team had to say along with three powerful charts.
Fitzpatrick’s Team: “In the short-term we are now finally seeing some stress in the US equity markets (and more elsewhere). Good levels are now being tested, which, if broken, would suggest further losses in the region of 10%+ (high to low).
We once again articulate the dynamics we would look for to suggest that a deeper correction (20%+) may be materializing….