From time to time I asked my financial advisor when she thinks the Trump Crash will come. She doesn't see one coming any time soon. I hope she's right. Do you know who Jim Rogers is? I used to see him on TV all the time when I watched financial news programs. Usually termed a "legendary investor," he was one of the founders of the Quantum Fund. He was just interviewed by Business Insider's Henry Blodget.
Percentage of S&P junk bonds and leveraged loans considered "distressed" (click to enlarge)by Gaius Publius We know that there will be another economic "big one" like the crisis of 2008. All of the pieces are in place — Wall Street greed and literal pathology, the even greater size of too-big-to-fail institutions, a literal get-out-of-jail free card that almost blesses continued financial fraud, and the like.
The price of two oil benchmarks, Brent Crude and West Texas Intermediate (WTI), in danger of collapse?
Droll washingtonpost.com caption: "The Extraordinary League of Punditry requires this stock photo of an investor looking at a red screen when writing about the ongoing turmoil in Chinese equity markets.""The rout in Chinese shares has erased at least $3.2 trillion in value, or twice the size of India’s entire stock market."-- from Bloomberg's report yesterday, "
