Tech stocks tumble, taking down Nasdaq as big names sink..Is the writing on the wall!

Technology stocks sold off sharply on Friday, taking a toll on the Nasdaq and dragging on other major Wall Street indexes, which touched record highs earlier in the day. The technology sector .SPLRCT, which soared this year and led the market’s rally, finished down 2.7 percent, after paring declines. But financials .SPSY and energy .SPNY, which have lagged the broader rally this year, were strong. Energy gained 2.5 percent and financials rose 1.9 percent. “It is a rotation today and it is out of tech into some of the other sectors,” said Mark Kepner, managing director of sales and trading at Themis Trading in Chatham, New Jersey. Apple Inc (AAPL.O) shares fell 3.9 percent in their biggest daily percentage decline since April 2016 and were the biggest weight on the three major indexes, after a report that iPhones to be launched later this year will use modem chips with slower download speeds than some rival smartphones……..Read More

5 Highly Respected Financial Experts That Are Warning That A Market Crash Is Imminent

If everything is going to be “just fine”, why are so many big names in the financial community warning about an imminent meltdown?  I don’t think that I have seen so many simultaneous warnings about a market crash since just before the great financial crisis of 2008.  And at this point, you would have to be quite blind not to see that stocks are absurdly overvalued and that a correction is going to happen at some point.  And when stocks do start crashing, lots of fingers are going to start pointing at President Trump, but it won’t be his fault.  The Federal Reserve and other central banks are primarily responsible for creating  ………….Read More

The Federal Reserve Must Go

IGreat-Seal-Of-The-United-States-Public-Domain-460x468f you want to permanently fix America’s economy, there really is no other choice. Even before Ron Paul’s rallying cry of “End The Fed” shook America during the peak of the Tea Party movement, I was a huge advocate of shutting down the Federal Reserve. Because no matter how hard we try to patch it up otherwise, the truth is that our debt-based financial system has been fundamentally flawed from the very beginning, and the Federal Reserve is the very heart of that system. The following is a free preview of an upcoming book that I am working on about how to turn this country is a more positive direction…Read More

Cash on Lockdown: Bankers “Want Badly to Charge YOU Interest for Depositing YOUR Funds”

dollars-lockedCash is quickly becoming a liability. SHTF has been closely following the recent calls from Wall Street to ban cash and implement a system that would force everyone to operate on the grid, even as interest rates have hit negative and customers are actually charged for keeping money in the bank. For most observers, negative interest rates signals a bizarre and unsustainable economic landscape, but for those calling the shots, the negative rates are a necessary by-products of capital injections by the Federal Reserve over the course of its quantitative easing operations. Read Article

Wall Street pummeled as traders cash-in on profits amid weak data

Wall Street pummeled as traders cash-in on profits amid weak data – finance yahoo.com

By Joseph Ciolli

th-2U.S. stocks fell, sending the Nasdaq Composite Index down the most in 11 months, as a selloff in semiconductors spread to the broader market. A gauge of semiconductor stocks dropped the most since October amid analyst downgrades on suppliers to the personal-computer business. Intel Corp., Apple Inc. and Microsoft Corp. were the biggest decliners in the Dow Jones Industrial Average. Kraft Foods Group Inc. soared 36 percent after Warren Buffett’s Berkshire Hathaway Inc. teamed with 3G Capital to acquire the company and merge it with H.J. Heinz Read Full Article

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If You Listen Carefully, The Bankers Are Actually Telling Us What Is Going To Happen Next

http://theeconomiccollapseblog.com/archives/listen-carefully-bankers-actually-telling-us-going-happen-next

Bankers-Rule-The-World3Are we on the verge of a major worldwide economic downturn? Well, if recent warnings from prominent bankers all over the world are to be believed, that may be precisely what we are facing in the months ahead. As you will read about below, the big banks are warning that the price of oil could soon drop as low as 20 dollars a barrel, that a Greek exit from the eurozone could push the EUR/USD down to 0.90, and that the global economy could shrink by more than 2 trillion dollars in 2015. Most of the time, very few people ever actually read the things that the big banks write for their clients. But in recent months, a lot of these bankers are issuing such ominous warnings that you would think that they have started to write for The Economic Collapse Blog. Of course we have seen this happen before. Just before the financial crisis of 2008, a lot of people at the big banks started to get spooked, and now we are beginning to see an atmosphere of fear spread on Wall Street once again. Nobody is quite sure what is going to happen next, but an increasing number of experts are starting to agree that it won’t be good. Read Full Article