Sunday, June 25, 2017

Stock Market Crash Predicted for Valentine's Day 2018

One River Asset Management's CIO Eric Peters broke with that tradition and dared to "pin a tail on the donkey" of when the next market crash - one which he agrees with us will be driven by a collapse in the global credit impulse - will take place. His prediction: Valentine's Day 2018. “But when the global credit impulse reverses, it’ll be a cascade, an avalanche. And I pin the tail on that donkey to be Valentine’s Day 2018.”

So we have about 7 months left to party.  I think it will be a few months longer than that but I wouldn't bet on it.  So eat, drink and be merry, for next year we will die!

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