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Why the DOW is about to CRASH

 
Anonymous Coward
User ID: 30994523
Canada
12/27/2012 11:01 PM
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Why the DOW is about to CRASH
1. Baltic Dry Index is at the lowest levels since the pre-2008 crash. The Baltic Dry Index is a measure of goods/raw materials/food stuffs being shipped around the world

[link to www.bloomberg.com]

2. Christmas sales were dismal, that will soon show up in earnings reports across a broad sector of the economy
[link to radio.foxnews.com]

3. Tax structure changes in the United States will facilitate socialist economics and a mediocre performance of the markets.
This will show up in further depleted earnings reports in the new years.

4. I can't remember the fourth reason. Somebody must remember why.. Oh! Marc Faber says so bitchez!!

[link to www.moneynews.com]
Hyman Goldstein
User ID: 16674316
United States
12/27/2012 11:06 PM
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Re: Why the DOW is about to CRASH
The Baltic Dry index is of no significance now. The Chinese Dry index is the shipping index to watch. Baltic ships only carry half of what they used to carry now that China is taking over world shipping.