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October 10, 2018 | 800+ Point Collapse – More to Come! Why?

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

A silent crash of some 832 points reveals that our stock markets are now heading down.This signal today was significant and reveals that our markets are now changing from positive to negative. This is likely to continue and we could witness new point drops much more severe in the coming days and weeks. A trend in motion will continue until it ends.

 

Our Central Banks may try to reverse this downward trend with pump priming of their counterfeit digits. But the change today is significant as the drop was over 3%. This reveals that our markets are changing from positive to negative. Sentiment is key to what happens going forward. I now sense that sentiment has changed permanently.

 

Our economy has peaked and this is evident in our stock and real estate markets. I am not an expert on our bond markets, but I sense that this market is also in turmoil. Emerging countries can not survive with these higher interest rates. Their debt is too high. The only solution to our current dilemma is to lower interest rates and reinstall more QE (counterfeit money).

 

Will our Central authorities reverse the policy of stopping QE and increasing interest rates so a new policy of pump priming can begin? I doubt that this will happen. This means that we will witness more crashes within our electronic stock markets in the coming days and weeks. Expect that equities will drop in value for months (maybe years).

 

Today’s 832 point drop is likely a change in trend going forward. See this website for new  data:

https://www.upi.com/Dow-Jones-drops-832-points-in-third-worst-drop-in-history/4791539210978/

 

Tomorrow will reveal a change in trend IMO. Watch and act on this new data. I am: https://kingdomecon.wordpress.com.

Video from the past which foretells the situation of now: https://youtu.be/kNlnlxV2Vkg

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October 10th, 2018

Posted In: Kingdom Economics

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