GAAP Earnings Collapse 18% As Valuations Approach “Insane Levels”

3/14/2016 – A positive day with the Dow Jones up 16 points (+0.09%) and the Nasdaq up 1 point (+0.04%) 

David Stockman delivers a very simple message. While the US Economy is hitting a major deceleration point and GAAP earnings are down 18%, the stock market is being driven ever higher into a fantasy land. And that can only end one way. I couldn’t agree more with David’s view and I highly recommend you watch the video below.

This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2015-2017. 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 2015-2017 will start (to the day) and its internal composition, please CLICK HERE.

(***Please Note: A bear market might have started already, I am simply not disclosing this information. 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. March 14th, 2016  InvestWithAlex.com

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