“When the pin finds this bubble it’s going to take down not only our stock market, but unleash a destructive force on the global economy.”
Another Stock Market Bubble Looking for a Pin – Crash Forecast 2014
By: Toby Connor
Dec 26, 2013
Well the Fed in its infinite wisdom has gone and done it again. They’ve created another bubble. And this bubble is arguably the 6th in the last 13 years (tech, real estate, credit, bond, oil, and now stocks – again). And let’s footnote the Fed’s creation of the present echo bubble in housing, for good measure.
If one steps back far enough they can see what’s really happening. The Fed has now manufactured a parabolic move in the stock market. This parabola is much more aggressive (and thus even more unsustainable) than witnessed at either the 2000 or 2007 stock market tops.
Now here is the problem – parabolas always collapse. There are never any exceptions. When the pin finds this bubble it’s going to take down not only our stock market, but unleash a destructive force on the global economy.