That’s the new thinking about the markets in a crummy global economy where everything is overvalued.
His impeccable sense of timing appears to have kicked in.
If you’re in and out fast, you can make money just by stock arbitrage. Smart players know that. Corporations that work to please them know it too.
Undetectable “kill switches” built into semiconductors.
Job cut announcements in tech doubled from a year ago. Worst year since 2009.
Once soaring revenues in the world’s largest gambling hub are plunging faster than during the financial crisis. This indicator of the Chinese economy is flashing red.
Just when you thought we’ve reached the peak of craziness, it gets even crazier.
And it’s one ugly dude.
Instead of a global recovery, a sudden, broad slowdown – with a plunge in China.
It was a leading indicator of investor exasperation when it started to crash in December 1999. Now, with today’s plunge, it’s down 30% from its February high.