BREAKING NEWS

The S&P 500 could crash nearly 50% as a brutal recession takes hold, veteran technical analyst warns

Veteran technical analyst Milton Berg warns of a potential 50% crash in the S&P 500 as the US economy heads into a severe recession. Highlighting concerns about Wall Street's complacency regarding recession risks and noting the economy's weakness could worsen. Berg also points to potential losses in fixed-income portfolios due to rising interest rates, with Silicon Valley Bank's troubles as an early warning. He cites technical indicators suggesting a bear-market rally and a rare money supply decline as worrisome factors. Berg anticipates a recession and a possible banking crisis that could lead to a 20% to 45% drop in the S&P 500.


TO READ MORE VISIT: https://markets.businessinsider.com/news/stocks/stock-market-outlook-crash-berg-economy-recession-svb-banking-crisis-2023-9

Trader who predicted 2008 financial crisis bets $1.6bn on stock market crash by end of 2023

Michael Burry, known for correctly predicting the 2008 housing market collapse and portrayed in "The Big Short," is now forecasting a Wall Street crash by the end of this year. Burry has reportedly placed bets exceeding $1.6 billion on this event occurring in 2023. Recent SEC filings reveal his negative options on the S&P 500 and Nasdaq 100, both representing the broader US economy. Burry is said to be committing over 90% of his portfolio to this market downturn prediction. His fund, Scion Asset Management, has acquired substantial stakes in put options for these stock-market indexes, providing the right to sell assets at specific prices.


TO READ MORE VISIT: https://www.independent.co.uk/news/world/americas/michael-burry-stock-market-big-short-b2395947.html

The S&P 500 is massively overvalued - and likely to plunge like it did last year, top economist David Rosenberg says

David Rosenberg, President of Rosenberg Research, is warning investors to prepare for a potential repeat of last year's stock market slump, citing factors like China's deflation, US government credit rating downgrade, and a looming credit crunch. He highlights overvaluation in US stocks, low equity-risk premiums, and suggests investors consider undervalued US Treasuries, stocks in Canada and Asia (excluding China), and gold. Rosenberg has been cautioning about economic risks and consumer debt amid rising inflation and interest rates, comparing the current market hype to historical market crashes.


TO READ MORE VISIT: https://markets.businessinsider.com/news/stocks/stock-market-outlook-crash-spx-david-rosenberg-china-downgrades-2023-8

MORE NEWS

02 Oct, 2023
A handful of countries from the BRICS alliance are cutting ties with the U.S. Treasury by offloading Treasury bonds. BRICS is increasingly looking to diversify its portfolios with gold, local currencies, and other commodities such as oil and gas. The move is a hedge against U.S. economic policies that will narrow down the dollar’s ability to fund its deficit. Recent data from the U.S. Treasury Department shows that BRICS dumped $18.9 billion in U.S. Treasury bonds just this month.
02 Oct, 2023
The BRICS group of emerging nations may have wrapped up its annual summit with no common currency last month and members issuing contradictory commentary about the greenback — but it doesn't mean its drive to de-dollarize is over.
02 Oct, 2023
European countries, including France, have shown interest in joining the BRICS alliance, according to South African BRICS ambassador Anil Sooklal. This development coincides with French President Emmanuel Macron's call for Europe to reduce reliance on the U.S. dollar in global trade, citing the associated risks and the need to avoid being entangled in dollar-related crises.
02 Oct, 2023
The BRICS (Brazil, Russia, India, China, and South Africa) alliance is undergoing significant changes, with the addition of six new nations: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. This expansion reflects a geopolitical shift away from Western economic dominance and towards a more multi-polar world.
24 Sep, 2023
Fisher Capital Group, one of the fastest growing precious metal retailers in the US, has once again proven its commitment to conservative values and support for the American spirit by announcing its Diamond Sponsorship for the 2023 Turning Point Action Conference in West Palm Beach, Florida.
24 Sep, 2023
The success of being an elite precious metals retailer is about serving clients over selling products. That has been the formula Spellane has followed since Day 1 – “and so,” he says, “far has seen no reason to change.”
31 Aug, 2023
From the streets of Cleveland to the top echelons of the precious metal retail industry, Alexander Spellane’s journey is a testament to how passion, perseverance, and expertise can transform a dream into reality. Today, as the CEO of Fisher Capital Group, Spellane is at the helm of one of America’s fastest-growing precious metals companies, a hub of economic prosperity that is rapidly emerging as a haven for military veterans, Christians, and conservatives who value a nurturing, inclusive work environment. Founded in 2007 by a group of U.S. military veterans, Fisher Capital was originally an ambitious initiative that aimed to offer clients an avenue for secure investments, specializing in the provision of bullion coins—a rare commodity in the open market. But under the visionary leadership of Alexander Spellane, the company has rapidly grown, catapulting it to national prominence.
31 Aug, 2023
In the ever-changing financial landscape, individuals often find themselves navigating through unfamiliar territory. In this journey, the need for trusted guides is imperative. One person who has established themselves as a trusted guide is Nick Durst, the Vice President of Sales and a renowned precious metals expert. Durst, through his unique background and unyielding dedication, has firmly established himself as a beacon of leadership in the precious metals and sales industries. Born and raised in Los Angeles, California, Durst’s journey began far from the world of finance. His first allegiance was to his country; he served a full term as a Paratrooper in the US Army. His transition from military service to finance was not immediate, but his commitment to helping his fellow Americans remained steadfast. After his service, Durst, along with a group of military friends, embarked on a mission to seek out opportunities that aligned with their love for America and a desire to make a tangible difference.
21 Aug, 2023
High-profile conservatives Mike Lindell, Alexander Spellane, Roger Stone, and Donald Trump, have reportedly faced targeted actions by government enforcement agencies. The sense of being under siege has galvanized their followers, amplifying the voices of those who believe in a concealed power structure, often referred to as the ‘deep state,’ operating within the US government. The deep state, according to American political conspiracy theory, comprises a covert network of federal government members, notably within the FBI and CIA, collaborating with top-tier financial and industrial figures. This unofficial alliance supposedly wields power parallel to, or even within, the elected United States government.
21 Aug, 2023
In an era of unpredictable economies and digital currencies, many high net-worth individuals are steadfast in their preference for gold.
10 Aug, 2023
Alexander Spellane has invested in gold and is leveraging this to build generational wealth. He is the CEO of Fisher Capital, a precious metal retail company helping investors who want to diversify their portfolios by expanding into precious metals.
09 Aug, 2023
Originally from: ideamensch.com
08 Aug, 2023
With people becoming disillusioned with the stock market and the crypto industry, another option attracting attention from central banks and individuals alike — gold.
07 Aug, 2023
Fisher Capital, " the fastest growing precious metals retailer in America ", is the Diamond Sponsor for this year’s Turning Point USA’s America Fest in Phoenix, Arizona.
03 Aug, 2023
Alexander Spellane is the CEO of Fisher Capital, a full-service, conservative-owned and operated retail precious metals company specializing in IRAs.
03 Aug, 2023
Fisher Capital Group, a leading financial firm offering a strategic marketing approach to conservative audiences, is proud to announce its partnership with Salem Media Group, America's leading media company serving the nation's Christian and conservative communities.
01 Aug, 2023
Alexander Spellane is a renowned figure in the U.S. precious metal sector.
31 Jul, 2023
One person who has followed gold’s value and importance over the last few years is Alexander Spellane, a young entrepreneur and CEO based in Beverly Hills.
25 Jul, 2023
These rising entrepreneurs are on a mission to build the world’s largest precious metal retailer.
25 Jul, 2023
The 2022 Turning Point USA AmFest was sponsored by Fisher Capital Group, one of the fastest-growing precious metal retailers in the US.
25 Jul, 2023
Fisher Capital is a company founded by a group of US military veterans. The company stands out in the industry for offering bullion coins, which are rarely available in the open market.
25 Jul, 2023
Fisher Capital, "the fastest growing precious metals retailer in America", is the Diamond Sponsor for this year's Turning Point USA's America Fest in Phoenix, Arizona.
20 Jul, 2023
Michael Burry, known for correctly predicting the 2008 housing market collapse and portrayed in "The Big Short," is now forecasting a Wall Street crash by the end of this year.
18 Jul, 2023
The S&P 500 could crash nearly 50% as the US economy sinks into a severe recession, a veteran technical analyst has warned.
13 Jul, 2023
Fisher Capital, a full-service, conservative owned & operated precious metals company, has made a notable impact on the precious metals industry in the United States.
12 Jul, 2023
Get ready for a repeat of last year's slump in stocks, as investors wake up to the mounting risks in markets today, David Rosenberg has warned.
20 Jun, 2023
Donovan Southwood Strydom is the Senior Vice President of Fisher Capital. Donovan has excelled in the gold and silver industry and is respected as a leader in the space. He has an incredible story to share about how he rose to success. Donovan entered the sales industry at a very young age and quickly excelled in his career. He graduated high school in 2012 at 18 years old and opted for a non-traditional route. Instead of going to college, Donovan immediately entered the workforce in search engine optimization and paid advertisements. This is where his beginnings in sales and working with sales organizations was born. He quickly transitioned into loans and mortgage refinancing, then planted his feet in the gold and silver space. With a natural knack for sales, Donovan became a top-performer scaling his way to becoming Senior Vice President.
florida
27 Apr, 2023
This Fisher Capital Group review will discuss the company’s history, pros, cons, pricing, reviews/ratings, and what you will need to open up an account.
18 Mar, 2023
Founded by Alexander Spellane in 2020, the CEO of Fisher Capital is a highly accomplished American media contributor, public speaker, and entrepreneur.
05 Sep, 2022
Fisher Capital was mentioned as one of America's Top 5 Fastest-Growing Precious Metal Companies!
finance ticker
15 Jul, 2022
Gas. Groceries. Diapers. Everyday items are skyrocketing in cost and hitting the wallets of every working American.
American Flag
26 Jun, 2022
Everyone is feeling higher gas prices at the pump and bigger bills at the checkout line. But when does painful inflation turn to hyper-inflation?
new york
31 May, 2022
Fisher Capital has taken over the former New York Times Office located in Los Angeles. The 5000 square foot building is well known for its exclusivity and class.
26 May, 2022
Research is a great way to learn more about what is happening. View some collected links we’ve found to be useful starting points.
Handshake
26 Apr, 2022
Influential figures have been sounding the alarm on The Great Reset for several years now.
26 Mar, 2022
There’s a lot of misinformation spreading around the Internet. Time to shatter some common myths about the World Economic Forum and The Great Reset.
26 Feb, 2022
In June 2020, the so-called “Great Reset” initiative was launched by the World Economic Forum.
16 Feb, 2022
Every day, the earth experiences tragic, but unforeseeable news events. Pandemic, mass shootings, hurricanes, and sudden war.
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