GOLD 0.51% $1,391.7 gold futures

'. . no one can predict anything in the market. . ' Agreed: but...

  1. 1,630 Posts.
    '. . no one can predict anything in the
    market. . '
    Agreed:
    but -
    'A new global recession has begun. The collapse in commodity prices and the slump in the emerging market economies will inevitably lead to a sharp drop in global investment and a new surge in unemployment. Moreover, the recent stock market selloff is making matters much worse by creating a negative wealth effect that will cause consumption to fall.'
    http://wolfstreet.com/2015/09/11/a-worrying-development-for-stock-market-bulls/

    Not mentioned:
    Massive human displacement,
    (feeding, housing, etc.).
    'Syrian +' conflict,
    (guns or butter?
    Frightening!).
    etc.

    The headlines cry wolf.
    Are the headlines correct?
 
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