temperament5 Posted April 1, 2015 Report Share Posted April 1, 2015 The Economic Collapse By Michael Snyder March 31, 2015 Are we watching a replay of the last financial crisis? Over the last six months the price of oil has collapsed, the US dollar has soared, and a whole bunch of other patterns that we witnessed just before the stock market crash of 2008 are repeating once again. But what we have not seen yet is the actual stock market crash. So will there be one this year? In this article, I am going to compare the performance of the Dow Jones Industrial Average during the first three months of 2008 to the performance of the Dow Jones Industrial Average during the first three months of 2015. As you will see, there are some striking similarities. And without a doubt, we are overdue for a major market downturn. The S&P 500 has risen for six years in a row, but it has never had seven up years consecutively. In addition, there has not even been a 10 percent stock market "correction" in almost three and a half years. So will stocks be able to continue to defy both gravity and the forces of economic reality. Only time will tell. Complete article can be found on http://theeconomiccollapseblog.com/archives/the-stock-market-in-2015-is-starting-to-look-remarkably-similar-to-the-stock-market-in-2008. Very interesting article, with charts to validate the information being provided. There is definitely a financial crisis coming, just when exactly is the question! 2 Link to comment Share on other sites More sharing options...
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