Will the Economic Collapse happen soon? These 10 well-known expert and strategists predict when will the U.S. economy collapse.
There are ongoing speculations by the financial strategists that the stock market crash can begin as early as 2019. Therefore, the Federal Reserve will have to raise the interest rates to control the expected inflation. Could this be the end of the bull market? Some financial experts argue that the stock market has improved in performance, but they are no insensitive of the impending economic threat. According to a survey conducted by Bank of America on money managers, only 18% of them believe that the stock performance has improved. Historically, the stock market has been frothy but a bull performance has been sustained for the last 9 years. If history teaches right, the key determinant to successful investment is going against the normal. And this is what the strategists behind the survey are known for. Therefore, their warning about the potential economic crash should not be ignored.
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►Title: Deutsche Bank turned over massive amounts of financials to Mueller, revealing unexpected new target
►Summary: Deutsche Bank has handed over evidence of these transactions to BaFin, which is the German equivalent of the FDIC. According to Manager Magazin, “Achleitner’s internal detectives were embarrassed to deliver their interim report regarding real estate tycoon Kushner to the financial regulator BaFin.”
First Son-in-Law Jared Kushner is also, albeit inexplicably, President Trump’s Senior White House Advisor. Deutsche Bank has a long history of doing business with both Trump and Kushner.
Back in November 2008, an attorney for Deutsche Bank wrote a letter to the Supreme Court of New York about $640 million that Donald Trump had borrowed in 2005. The loan was supposed to fund construction of a new hotel in Chicago. Trump had defaulted on his payment… while still owing $330 million. Deutsche Bank was seeking an immediate $40 million payment, in addition legal fees.
More than any condemnation by BaFin, Deutsche Bank is concerned about the likelihood that special counsel Robert Mueller will request the transaction records as part of his special counsel investigation.
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Feb.21 -- Mark Kiesel, global credit chief investment officer at Pimco, discusses peak growth in the U.S. and global economies, China's economy, and his firm's current investment strategy. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg Markets: The Open."
Feb.22 -- Scott Mushkin of Wolfe Research discusses his "outperform" rating on Kraft Heinz Co. and the company’s plunge to a record low after writing down the value of some of its best-known brands by $15.4 billion. He speaks with Bloomberg's Jonathan Ferro on "Bloomberg Markets: The Open."
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Oil is currently in a bear market, after prices crashed from the high over the past couple of months. But what is behind this big decline?
Prior to this sharp fall in prices, oil had enjoyed a bull run over the past 3 years, with WTI going from below $30 per barrel to over $70 per barrel. So why is it now reversing those gains?
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China stocks surge. Will a potential trade deal spark a global rally? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Dan Nathan and Guy Adami.
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Oct.11 -- Bloomberg Opinion columnist John Authers examines how the Federal Reserve factors into the current stock market selloff and explains why he sees the "twilight" of FANG stocks. He speaks on "Bloomberg Markets." His opinions are his own.