8/12/2014 – A slight down day with the Dow Jones down 10 points (-0.06%) and the Nasdaq down 12 points (-0.27%).
As this juncture I am certain that you are sick and tired of me telling you that we are in a massive stock market bubble, a bubble that will soon implode. So, instead of sounding like a retarded parrot, I will let someone else share in the burden. Someone who is much smarter, Carl Icahn…..
Federal Reserve Chair Janet Yellen recently commented on our Monetary Policy at the International Monetary Fund saying, “Monetary policy faces significant limitations as a tool to promote financial stability.” She continued that, “Its effects on financial vulnerabilities, such as excessive leverage and maturity transformation, are not well understood and are less direct than a regulatory or supervisory approach.” Yellen’s comments suggest, and I agree, that we are in an asset bubble.
To read the rest of his analysis please CLICK HERE
His conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2014-2017 will start (to the day) and its internal composition, please CLICK HERE
(***Please Note: Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. August 8th, 2014 InvestWithAlex.com
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