Here’s a quick, executive summary of stories from this trading week, with a link to the full articles online.
The Next Big Bubble Ready to Burst
In normal times, most investors considered junk bonds to be forbidden fruit. But that all changed when the Fed introduced its zero-interest rate policy. Dr. Martin Weiss explains the unintended consequences.
Where Markets Stand Since the Flash Crash
On Aug. 24, the Dow swooned 1,000 points at its worst. Jon Markman explains how the market has reacted since then, and gives you his projections for the end of the year. Read more here.
Dying Empires
America is on the road to economic decline, destined to go the way of other historical empires like Rome, Byzantium and Spain, writes Larry Edelson. Read his explanation here.
Is the Stock Market Close to a Bottom?
The stock market came within inches of testing the August panic lows earlier this week. Could a bottom be close? Mike Burnick takes a look.
Bond Market is SCREAMING! Please Listen!
All of the signs are there, writes Mike Larson. Junk bonds have now given up every single penny of gains they racked up in the entire post-recession bull market. Read on to find out how that negatively impacts investors everywhere.
The Week’s Hot News
Money and Markets columnist Mike Larson takes a look at key financial and political events around the globe after the market close. Here are the week’s highlights:
Glencore Gored as Commodities Rout Roils Markets
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| The continued weakness in commodity prices is taking a toll on many sector-related companies. |
The mining company employs 181,000 workers in more than 50 countries around the world. Mike explains why its shares have been plunging nonstop all year, and why it’s causing a giant ripple effect.
Will Earnings Save the Bulls’ Bacon? Nope!
Corporate America is about to add up the third-quarter results — and the outlook isn’t good. Mike explains why Q3 may be even worse than Q2.
Why This Will Be the Last Strong Jobs Number for a LONG Time
The Fed continues to believe we can remain a relative island of prosperity in a tumultuous world. So do a lot of mainstream economists and reporters. Mike explains why they’re wrong.
Manufacturing is Such a Drag … for the Economy
Manufacturing, transporting and exporting goods are still big industries, even as the service sector has accounted for a larger slice of the economic pie over time. But the growth outlook for these industries isn’t good. Mike explains.
Best wishes,
The Money and Markets Team
