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The S&P 500 will collapse to 800: Stock market earnings could be in big trouble, billionaires dumping stocks, and a massive round of layoffs occu

 
waht

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09/24/2012 09:04 PM
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The S&P 500 will collapse to 800: Stock market earnings could be in big trouble, billionaires dumping stocks, and a massive round of layoffs occu
The S&P 500 will collapse to 800: Stock market earnings could be in big trouble, billionaires dumping stocks, and a massive round of layoffs occurring



abomb abomb abomb

Rosenberg says earnings are far too optimistic and likely to be ratcheted down. It's very early in earnings season, but this is a trend we've already noticed in some bellwether names like FedEx and Norfolk Southern.

BOB JANJUAH: The S&P 500 will collapse to 800

Billionaires Dumping Stocks In Food, Pharmacy, Computer Parts, Banks: What Do They Know That We Don't?

More Bank Layoffs Coming: ‘Bad as I’ve Seen It’: Whitney

Read full article: [link to investmentwatchblog.com]

Last Edited by waht on 09/24/2012 09:20 PM

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