Banks and financial services sector reeling after 80 year banking cycle top causing 28% of stock market route
Bill Jones
Jun. 23, 2007

The last time the banking and financial services sector had a mega top (part of a 80 year cycle ) was between 1926 and 1929. The banks went crazy to lend money. All the symptoms that you saw between 2003-2006 and early 2007 were present those days. The banks were funding anyone without thinking about the consequences.

Today 28% of the stock market route was attributed to banks and financial sector. Bank of America just confessed that the mortgage bond sector and the sub prime sector are in deep trouble. People are just not being able to make the payments anymore. Many households have taken several mortgages to stay afloat. Now they cannot make payments.

The mortgage defaults are skyrocketing and home foreclosures are going through the roof. The mortgage bonds are crashing as the consequence of the route in the mortgage sector.

The collapse of the banking and financial system has just started. It is expected to accelerate and create havoc by end of 2012. The after effects of the collapse will stay till 2030.

Smart money has already shorted the financial sector.

Banks and financial services sector reeling after 80 year banking cycle top causing 28% of stock market route
Bill Jones
The collapse of the banking and financial system has just started. It is expected to accelerate and create havoc by end of 2012. The after effects of the collapse will stay till 2030.
READ MORE>>

Recovery in manufacturing is not confirmed by steel and copper prices
Sonja Massey
What does that mean? We looked at the history of economic slowdowns. We found whenever manufacturing recovery is not confirmed by steel and copper prices; it is a cyclical recovery within a secular slowdown.
READ MORE>>

Beating the financial markets consistently – the secrets of commodities futures and option arbitrageur
Sam Adelton
The fact that the arbitrageur makes money if crude oil stays the same makes a big difference. Remember, 95% of the time market stays flat. If you can narrow the risk down like this, on the long run you are the winner.
READ MORE>>

Stock market poised to make a new high with serious momentum divergence – economy faces stagflation
Peter Oberois
The stock market, typical at the end of major bull cycles is resilient and is determined to make a new high. This is called a typical classic bubble blow off at the very end.
READ MORE>>

A rising leading indicator, steady Initial Jobless Claims and sharply higher Philadelphia Fed index points to accelerating GDP and inflation
Karen Zuba
The stock market does not like what it sees in the long bond market. All on a sudden the ten year more is yielding more than 5% and has started competing with the stock market as an alternative investment.
READ MORE>>

What happens to the economy between now and 2012? How can stagnation and inflation finally bring deflation and depression?
Joe Weinman
Something interesting will happen in 2010-2012 time frames. The stagnation in economy will change to deep depression due to debt burden among common people and business entities.
READ MORE>>

Are you ready for $125 crude oil and $7 per gallon gasoline?
Fred Day
The crude oil demand is rising exponentially. The demand in China and India alone is rising so fats that oil producers are receiving forward contracts far more than they can handle.
READ MORE>>

MORE ARTICLES >>