Carl Icahn, who served for a short while as an economic adviser to Donald Trump before the U.S Attorney’s office in New York dumped a subpoena on him for information he has on the administration’s energy policy, called into CNBC Tuesday afternoon with some bad news for the White House: The stock market is getting ready to crash.
Is the stock market about to crash? The answer is: not unless the oligarchs want it to.
Most trades are now automated using algorithms set up by large institutional investors. These “investors” buy and sell in a nanosecond using a complicated mathematical equation.
What we may see are “bond vigilantes” selling their bonds to drive up the bond yield. They’ll be selling as a protest against rising interest rates caused by the recent tax cut.
These vigilantes will make the stock market very volatile for a time.
Todays stock market is no place for the small, individual investor to be.
Unless you’re buying some AT&T or Microsoft to hold for the long-term and then allowing your 4.5% dividend payment to be reinvested in additional shares of stock stay out of the market.
There are only four investment categories available to investors: Cash, Stocks, Bonds, or Real Estate.
There are lots of sub-categories within each group. Real estate derivatives for example.
What Imhotep said. The market is manipulated by wall street oligarchs for their own gain. They sucker Joe Salesclerk into buying stocks at these inflated prices, when they already own the majority of shares [purchased at fire sale prices in ’08-’09]. When they sell off in large quantities, the bubble pops and all the recent buyers are left holding the bag. Lather, rinse, repeat. They’ll buy it all up for pennies on the dollar once the dust settles, and start the cycle over again.
They further control this boom-bust cycle by controlling the money supply. Note that the Federal Reserve is no more a governmental agency than Federal Express. This collection of private bankers loans our money into existence by purchasing Treasury Bills with Federal Reserve Notes, collecting interest from day 1, and drying up the supply when they want to be the only ones buying….