Seeking Alpha
Registered investment advisor, macro, ETF investing
Profile| Send Message|
( followers)  

Modestly positive trading in international markets overnight quickly turned negative when Royal Bank of Scotland analysts put out a report advising clients to prepare for the worst market crash in 100 years.  The analysts warned that they expect inflation to paralyze economies worldwide.  In the US, they say the S&P 500 could fall by more than 300 as early as September. 

RBS has a series of commercials with the tag line "Make it Happen."  In this case let's hope they don't.

click to enlarge

Source: RBS Spoils the Fun