There is a lot of discussion lately that we are reaching the peak of a dreaded “triple top.” Here are just a couple of the many warnings from market experts… #-ad_banner-#– If the S&P 500 and other major U.S. indexes are turned back at today’s critical, even historic, juncture, we could see a significant upcoming decline in the U.S. stock market as history repeats and also rhymes. – MarketWatch, “Is this the biggest triple top ever?” — A third top… Read More
There is a lot of discussion lately that we are reaching the peak of a dreaded “triple top.” Here are just a couple of the many warnings from market experts… #-ad_banner-#– If the S&P 500 and other major U.S. indexes are turned back at today’s critical, even historic, juncture, we could see a significant upcoming decline in the U.S. stock market as history repeats and also rhymes. – MarketWatch, “Is this the biggest triple top ever?” — A third top has now formed, and a 60% stock market drop is inevitable – and it could strike at any moment. – MoneyNews, “Market Collapse Predicted By Scientist” That’s just a sampling of the reports that are being released almost every day. In 2000 and 2007, the S&P 500 peaked near current levels. The market then plummeted, causing long and agonizing bear markets. These crashes eliminated trillions of dollars in wealth and eroded investor confidence. J.P. Morgan Asset Management recently published this chart highlighting… Read More