jack chambers

Steep Sell-off Makes Chinese Equities More Attractive

China and all emerging markets have yet to be priced for a deep and long recession in the US and EU. These markets could easily drop 50% from here if we have a deep recession and lower still if the world has a depression. Only a idiot would look for a bottom at these levels.

NABE Forecasts Recession

I will go out on limb and predict a depression by this spring.

Surviving the Financial Nuclear Winter

The EU is a sham. Each country is now on thier own trying to protect their own banks from cash runs by depositors. This is very bad.
Look for a continued big moves down in EU stock prices. Worse will be bank share prices. By Friday several EU banks will taken over by thier goverments and the smaller ones will go bust.

Not Quite the Capitulation We've All Been Awaiting

We are months from capitulation. Most folks believe this is only a market correction. They do not understand that the banking and finacial system is frozen and a depression is around the corner.
This is not like any market correction we have seen since in our life times.
This has nothing to do individual

Roubini Was Right

The worlwide banking system is totally frozen. This may last 4-5 months.

This will cause a worldwide recession. Emerging market economies will be savaged be this depression. China and India will be especially hurt with no country to export their products to. These two countries will see their economies pushed back 20 years.

Surviving the Financial Nuclear Winter

My deep concern is greater than stock prices but the worldwide banking system. Banks are not lending and bank share prices are all going to single digits worldwide. Finally we are beginning to see bank runs. All this elements make a set for a deprrsiion. This crisis is still in the early innings.