Enjoy the market highs while they last:
HSBC Holdings Plc, Citigroup Inc. and Morgan Stanley see mounting evidence that global markets are in the last stage of their rallies before a downturn in the business cycle.
Analysts at the Wall Street behemoths cite signals including the breakdown of long-standing relationships between stocks, bonds and commodities as well as investors ignoring valuation fundamentals and data. It all means stock and credit markets are at risk of a painful drop.
Ron Paul says the drop could be up to 50%. He and Jim Rogers, etc. have been saying this for a while now. Even the Fed has begun issuing CYA statements. Nothing lasts forever and we’re overdue for a correction. Prepare now if you can.