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STUNNING! Stock market collapse called by WELLS FARGO!

 
Mastabanna
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09/20/2013 12:12 PM
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STUNNING! Stock market collapse called by WELLS FARGO!
The banks are admitting it and the media is now paying attention which is absolutely unprecedented. The depression is coming and now the big players are admitting it. Get ready folks its going to be a wild ride.

The Wells Fargo strategist has been bearish on stocks all year, even as she watched the S&P 500 (^GSPC) add 21 percent. And on Thursday's " Futures Now ," Adams reiterated her call that the index would close out the year at 1,440.

"Our target is based on fundamentals," Adams insisted. "We're basing our target on typical valuation measures, given the level of interest rates and also on earnings forecasts. And that's why our target is relatively low."

In fact, "low" is somewhat of an understatement. Adams' target implies that the market will drop 16 percent in little more than three months, erasing everything that stocks gained after the year's first day of trading. This makes her one of the lone bears on the Street.


link:
[link to finance.yahoo.com]

Last Edited by Mastabanna on 09/20/2013 12:12 PM
Alpacalips
Well La Di Friggen Da

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09/20/2013 12:13 PM

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Re: STUNNING! Stock market collapse called by WELLS FARGO!
bump

for later
farley chipndale
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09/20/2013 12:19 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
:dude1:
RelentlessDespot

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09/20/2013 12:20 PM

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Re: STUNNING! Stock market collapse called by WELLS FARGO!
Market goes up 21% and then drops 16%..
Clearly you don't know, but that's not a collapse...
I am not an anarchist because I despise government. I am an anarchist because I trust you.
Gunnz, lots of Gunnz

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09/20/2013 12:21 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
Market is for the %1 monopoly, not the average citizen.
Corp/o/Ration
A Single Entity (group with the same paragon) Restricting consumption of scarce commodities.
Anonymous Coward
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09/20/2013 12:21 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
Market goes up 21% and then drops 16%..
Clearly you don't know, but that's not a collapse...
 Quoting: RelentlessDespot


I think he's referring to the last sentence in his OP.
Anonymous Coward
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09/20/2013 12:27 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
bsflag
Mastabanna (OP)

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09/20/2013 12:28 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
Market goes up 21% and then drops 16%..
Clearly you don't know, but that's not a collapse...
 Quoting: RelentlessDespot


16% isn't a collapse? No matter how high it went this year a 16% drop in stocks would be devastating to the entire nation. Everyone would lose and there would be losses effecting retirees to the big banks and that's just this year. This could continue into next year and god knows what will happen then.
Ostria1

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09/20/2013 12:30 PM

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Re: STUNNING! Stock market collapse called by WELLS FARGO!
and why DOW goes down today? any reason?
the european market was mixed too
Ostria
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09/20/2013 12:31 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
It will go lower than that. Printing money only works for a little while, and then it all unwinds. See the NIKKEI index for what will play out after all the money printing wore off, this happened about 20 years ago I believe.
Mastabanna (OP)

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09/20/2013 12:33 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
and why DOW goes down today? any reason?
the european market was mixed too
 Quoting: Ostria1


The fed came out today and said it could still taper its bond buying program at the end of October so the market reacted. It's pretty much BS and they will probably continue the QE but the markets aren't based on reality and over reacted.

Here's a link to the feds statement:
[link to finance.yahoo.com]
Anonymous Coward
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09/20/2013 12:36 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
and why DOW goes down today? any reason?
the european market was mixed too
 Quoting: Ostria1


Quadruple Witching

google it.
Anonymous Coward
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09/20/2013 12:39 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
it's a-gonna be a blue-blue Festivus!
Ostria1

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09/20/2013 12:42 PM

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Re: STUNNING! Stock market collapse called by WELLS FARGO!
Ok thank you both
Ostria
pmb1

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09/20/2013 12:42 PM

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Re: STUNNING! Stock market collapse called by WELLS FARGO!
Well at least Wells fargo let the cat out of the bag. Most banks keep their mouths shut
Anonymous Coward
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09/20/2013 12:42 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
yawn
DJDOG

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09/20/2013 12:44 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
The banks are admitting it and the media is now paying attention which is absolutely unprecedented. The depression is coming and now the big players are admitting it. Get ready folks its going to be a wild ride.

The Wells Fargo strategist has been bearish on stocks all year, even as she watched the S&P 500 (^GSPC) add 21 percent. And on Thursday's " Futures Now ," Adams reiterated her call that the index would close out the year at 1,440.

"Our target is based on fundamentals," Adams insisted. "We're basing our target on typical valuation measures, given the level of interest rates and also on earnings forecasts. And that's why our target is relatively low."

In fact, "low" is somewhat of an understatement. Adams' target implies that the market will drop 16 percent in little more than three months, erasing everything that stocks gained after the year's first day of trading. This makes her one of the lone bears on the Street.


link:
[link to finance.yahoo.com]
 Quoting: Mastabanna


Even the sheep's mouth pieces are doing what TPTB have dictated as their MO; tell them what's going to happen before it happens then do it.... 5 and a bump.. bump
Master Jedi Powers

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09/20/2013 01:03 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!


Fuck you, Ron Howard!


This is no shock, OP.

Last Edited by Mad Scientist (aka AmJedi) on 09/20/2013 01:05 PM
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

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American Jedi

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Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Bear Drinker
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09/20/2013 01:04 PM

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Re: STUNNING! Stock market collapse called by WELLS FARGO!
bsflag
 Quoting: Anonymous Coward 45209871


I am glad most people, including you, are still in denial about what is coming. Why? You and anyone who thinks like you will perish.
I have the honor of creating a GLP meme so now I am waiting for my endorsement deal from Coors Light Bear

Thread: What's your favorite bear?

" It's only when you see a mosquito landing on your testicles that you realize that there is always a way to solve problems without using violence. "
Master Jedi Powers

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09/20/2013 01:06 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
bsflag
 Quoting: Anonymous Coward 45209871


I am glad most people, including you, are still in denial about what is coming. Why? You and anyone who thinks like you will perish.
 Quoting: Bear Drinker


How can you BS this? It doesn't get anymore mainstream, we aren't talkin' about Glen Beck or the Other Fat Ass from the site that shall not be mentioned!
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
Anonymous Coward
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09/20/2013 01:11 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
and why DOW goes down today? any reason?
the european market was mixed too
 Quoting: Ostria1


Quadruple witching on stocks today
Anonymous Coward
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09/20/2013 01:12 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
and why DOW goes down today? any reason?
the european market was mixed too
 Quoting: Ostria1


The fed came out today and said it could still taper its bond buying program at the end of October so the market reacted. It's pretty much BS and they will probably continue the QE but the markets aren't based on reality and over reacted.

Here's a link to the feds statement:
[link to finance.yahoo.com]
 Quoting: Mastabanna


The threat of taper is a tool to control prices, stocks and bonds.

a tool !
Anonymous Coward
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09/20/2013 01:13 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
"Stock market collapse"
This is not a "collapse"..wait a few months..
Mastabanna (OP)

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09/20/2013 01:14 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
and why DOW goes down today? any reason?
the european market was mixed too
 Quoting: Ostria1


The fed came out today and said it could still taper its bond buying program at the end of October so the market reacted. It's pretty much BS and they will probably continue the QE but the markets aren't based on reality and over reacted.

Here's a link to the feds statement:
[link to finance.yahoo.com]
 Quoting: Mastabanna


The threat of taper is a tool to control prices, stocks and bonds.

a tool !
 Quoting: Anonymous Coward 43914666


clappa
Anonymous Coward
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09/20/2013 01:20 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
I SAID TAKE THAT SHIT DOWN.....

DO YOU FEEL IT??? DO YOU KNOW ITS COMING.....

AGHHHHH WHOOOOOOO!!!!

Anonymous Coward
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09/20/2013 01:25 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
As long as it doesn't happen until late November/early December, I'm fine with whatever shitstorm the economy goes through.
Anonymous Coward
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09/20/2013 01:26 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
"A stock market crash does not a depression make." --one of our presidents i forget.
Bear Drinker
go fer a rip?

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09/20/2013 01:31 PM

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Re: STUNNING! Stock market collapse called by WELLS FARGO!
A Keynesian Economist would say that the FED is in a pickle. They can not keep flooding the market with new dollars without causing a weakening in the dollar to the point of collapse, yet they can not stop printing money because interest rates will explode as would the interest rates on the debt.

Either way; it will eventually collapse the economy with global reach.

The only other way out is to start a war and get the population behind them.

So looking at my simplistic analysis, there is no way out. Eventually we will be faced with global economic collapse and bloodshed. It is inevitable.

The Elitist 0.01% have caused this through manipulation of human consciousness. They will keep it up as long as possible by whatever means necessary.
I have the honor of creating a GLP meme so now I am waiting for my endorsement deal from Coors Light Bear

Thread: What's your favorite bear?

" It's only when you see a mosquito landing on your testicles that you realize that there is always a way to solve problems without using violence. "
Anonymous Coward
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09/20/2013 01:45 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
Fuck wells fargo but of thieves anyways
Anonymous Coward
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09/20/2013 01:51 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
The collapse will not take place this year (2013). The elite have not created enough debt yet. They want more "Detroit's"... more failures.

The collapse is going to happen all at one time... globally.

Make sure to buy/store food, water and firearms. Buy everything you can/need before Jan 1st 2014.

A reduction of the stock market by a few -1000 points is NOT a
collapse. When banks go under and the USD becomes totally worthless, that is a collapse.

You Warned!! take care.
Anonymous Coward
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09/20/2013 01:57 PM
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Re: STUNNING! Stock market collapse called by WELLS FARGO!
Market is for the %1 monopoly, not the average citizen.
 Quoting: Gunnz, lots of Gunnz


word...these "crashes" we've had lately are to shake the "poor" people out of the stock market

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