Stock Market Is At Risk Of A Complete Reversal Of The Last 3 Years’s Gains Or Worse.

[Ponce]

More articles at the link........
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Profit Outlooks 90% Negative, Wages Are Down, Revenue Streams Are Drying Up, Cost Cutting Measures Are Maxed Out, And US Government Debt Threatens National Security

Earnings Cliff Ahead? Profit Outlooks 90% Negative
CNBC: Earnings conference calls are beginning to resemble crisis hotlines as corporate executives slash profit forecasts because of fears of higher taxes, a recession in Europe and slowing economy in China.

Of the 20 companies in the S&P 500 (^GSPC) that have provided guidance for the fourth quarter during the current earnings reporting season, 18 have slashed their forecasts, according to Goldman Sachs (GS).

That’s a 90 percent negative run rate that many investors and analysts have never seen before.

…

“Policy has trumped weak fundamentals since 2009,” said Brian Kelly of Shelter Harbor Capital. “If the market cannot rally with multiple central bank meetings this week, then we are at risk of then entire process reversing.”

http://investmentwatchblog.com/warning-stock-market-is-at-risk-of-a-complete-reversal-of-the-last-3-yearss-gains-or-worse/

[iOWNme]

3 year gain.....Who writes this CRAP?

The Dollar HAS TANKED in the last 3 years, hence a perceived increase in the amount of them it takes to represent the same amount of money before the devaluation.

Also, people have been conned into putting their last sheckels into this Casino Gulaug, which did increase its size.

BUT, the Stock Market is a RIGGED BUBBLE, dont be surprised when it POPS.

[chad]

i'm going with "or worse."