7 reasons for a September crash
A historically weak month for stocks faces a perfect storm of factors that could produce a significant selloff.
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The United States is in for a rude awakening and SOON. The idiot that runs the treasury and keeps printing Billions of dollars that have no reserve to back it up, is only making matters worse. The whole world is laughing at the United States because they know what's about to happen. We were the world reserve. But now we're the laughing stock of the world. The government is lying it's **** off to the people to cover up the borrowing it's doing when they know damn well that there is no way at all to pay any of it back. All the countries we stiff will eventually have their day. I pity the government when it completely folds. I really feel sorry for America and it's people when it and they become third world. I really think we the people should vote out all of the government and reelect a totally new bunch that don't have their greedy hands in everybody's pockets. Wake up people before its too late.
Maybe not in Sept. but it will happen...........why?
1. The spending habits of this administration mirror, almost exactly, the Detroit habits the last 20 years.
2. We have doubled our debt in the last 5 years.
3. Without revenue to sustain REDICULOUS spending (you can't tax enough) we can't just sell USA to China outright.
4. Food stamps and giveaways have MORE than doubled and the working class, the middle class can't afford it.
5. The majority of TAX PAYERS, that's us who FUND the govt. are NOT confident in our leadership and will quit buying non-essentials very soon.
This country was built on HARD WORKING people, NOT hard-working for 2 hours, then break time, then 11/2 hours then 2 hour break, then a rest, then bitch about something, and same thing the next day.
It's not a question of "if" but of "when" equities will have a major pullback.
Shiller says the P/E ratios are high historically.
October is coming and usually bad for stocks.
September is coming... The Fed Taper.
Interest rates are on a climbing trend.
Revenues and Net Income have stalled.
Consumer sentiment down tick.
The hoard will buckle once one of the herd starts significant selling.
Stocks have no where to go but sideways or lower. And if they go sideways for too long -- down it shall be.
If it does happen, I hope it takes you and this fear monger site with it....you idiots act as if you have a crystal ball and we should give a sh*t ....
Admit it, you don't know what the hell is going on or what the future holds ....yuk yuk
“Like an oversexed guy in a harem,” he shot back. “This is the time to start investing.”
Wall Street is never satisfied, they want your Medicare dollars, Social Security dollars, your 401K until there is
nothing left - it is all consuming.
They are counting on the stupidity of Americans to keep choosing R's of D's to bicker against each other and name call while they steal the rug out from underneath you but until we wake up - if we ever do - we will be responsible for our own demise.
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