2 votes

Billionaires dumping stocks, economist knows why

Key paragraphs:

"So why are these billionaires dumping their shares of U.S. companies?

After all, the stock market is still in the midst of its historic rally. Real estate prices have finally leveled off, and for the first time in five years are actually rising in many locations. And the unemployment rate seems to have stabilized.

It's very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%."

read more http://www.sott.net/article/259211-Billionaires-dumping-stoc...



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

I think they call it a

...dead cat bounce.

donvino

bigmikedude's picture

Don't buy on the thump.

Wait for the bounce & roll.