Paul Farrell prognostiziert auf Grund von 13 "kritischen Indizien/Warnungen" (teils im Artikel unten genannt), dass die Aktienmärkte in 2013 austoppen und crashen werden. Den Monat lässt er zwar offen, er schreibt jedoch, dass Bernanke nicht - wie gewünscht - als Held, der "USA vor dem finanziellen Untergang rettete", in die Geschichtsbücher eingehen wird. Der Crash soll demnach noch zu Bernankes Amtszeit (endet im Jan. 2014) erfolgen. Das Timing sei jedoch, betont Farrell, trickreich - wie immer bei großen bärischen Wenden.
[Auslassung der ersten Artikel-Seite zur verfuschten Geldpolitiks Greenspans und seines in dem Sinne "würdigen" Nachfolgers Bernanke...]... Six new ‘critical warnings’ confirm 2013 is topping, at turning point
In the years leading up to the 2008 meltdown we reported on a couple dozen major warnings. Turns out that most leaders “can’t handle the truth.” Paulson, Bush, Greenspan, Bernanke were all in denial: “Best economy in my professional life,” said Paulson.
Today we see how Bernanke does the same, just keeps on ignoring new warnings, stuck in his rigid ideology. He seems to have reverted to the professor doing research, pulling together eight years of data, as if working on a book about his grand legacy. Greenspan did it. Unfortunately that will end the same, as Icarus’s flight to the Sun.
So it’s time to add the new shocker, a black swan of global macroeconomic events, to our list of critical warnings. Here are 2013’s prior warnings: [Auslassung: Aufzählung von Farrells "kritischen Warnungen" Nr. 7 (Jan. 2013) bis 12 (März 2013...]....
This sequence of critical warnings evolved unplanned. We realized it earlier this week with what’s now our Critical Warning No. 11: In our column “Bond Crash Dead Ahead: Tick, Tick ... Boom!” we covered a dark warning from InvestmentNews, perhaps the most trusted news source for America’s 90,000 professional financial advisors. INews predicts a bond crash coming that will rip though the stock market, Fed rates and the American economy. As one expert put it, “investors have no idea what’s about to happen.” Besides, they can’t handle the truth.
Now we have arrived at Critical Warning No. 12: The “dramatic shock,” a black swan expected later in 2013.
In his recent Insight newsletters Gary Shilling, contrarian economist, long-time Forbes columnist and author of the “Age of Deleveraging,” made fascinating observations about investor denial: “investors are paying little attention to weak and declining economies around the world, and concentrating on the flood of money being created by central banks.”
That’s Shilling “The Grand Disconnect” driving “stocks around the world while the zeal for yield, amidst low interest rates, benefited junk bonds and other low-quality debt. The recent rush into equities by individual investors, after consistently liquidating them since 2008, suggests an expanding bubble.”
Get it? Wall Street is now blowing a bigger, nastier new bubble, repeating the mindless run-up to the 2008 crash. And Shilling sees the shift, a black swan, a grand shocker coming before year-end 2013, not after Bernanke retires.
And after the shocker Shilling warns of 11 sectors to avoid: commodities, developed-country stocks. home builders, your own home, big-ticket consumer-discretionary equities, consumer lender stocks, selected bank stocks, junk securities, developing-country bonds, developing-country stocks and old-tech capital-equipment producers.
One final word: Timing is critical at a turning point. We warned of the coming crash well in advance in 2008. We picked the bottom in March 2009. We are in the fifth year of an aging bull.
These six Critical Warnings tell of a hard turning point dead ahead. Wake up. It takes time to restructure a portfolio. If you think you can do nothing and just wait for another year, you are like most investors: You just “can’t handle the truth.” Or you “have no idea what’s about to happen.” Or you believe “this time really is different.”
www.marketwatch.com/story/...warning-as-2013-shocker-looms-2013-03-23
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