Boeing Disaster: Revenue Plunges 18% – Will Dow Crash Next?

By CCN: Boeing, the largest aircraft manufacturer in the world alongside its rival Airbus, has recorded an 18 percent year-over-year (YoY) drop in quarterly operational earnings. While strategists see a fine future ahead for Boeing in the long run, some fear it could hinder the momentum of the Dow Jones. The global aircraft manufacturing industry is largely dominated by Boeing and Airbus. Hence, over the next decade, Boeing is expected to recover gradually from the company’s recent struggles. But, some researchers like Goldman Sachs analyst Noah Poponak said that in the medium-term, at least in the next few years, the

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Bitcoin ‘Misery Index’ Flashes Highest Since Mid-2016; Crash Coming?

While bitcoin hovers near its highest price in months, you may not have noticed a big move in Fundstrat Global Advisors’ Bitcoin Misery Index. Fundstrat head and perma-bull Thomas Lee tweeted the news on April 11: The Bitcoin Misery Index reached 89 on 4/2. Highest reading since June 2016. Means good and bad. Good–> Since 2011, BMI >67 only seen during $ BTC bull markets. More evidence bull starting. Bad –> BMI >67 after peak, $ BTC falls ~25% = Profit taking ST.#bitcoinmiseryindex pic.twitter.com/X55q2ypiCA — Thomas Lee (@fundstrat) April 11, 2019 Key Indicator Flashes Warning Sign for Bitcoin’s Price The index, known

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Asset Manager Warns of ‘New Lows’, Predicts Bitcoin Price Crash to $1,000

According to Tyler Jenks, the president of Lucid Investments, bitcoin could fall back to $ 4,200 in the near future and may eventually drop to $ 1,000. He said: I have not commented on Bitcoin since we broke up through the $ 4,000-4,200 resistance zone. I believe we are headed back down to that zone and it will not hold. New lows coming. Target of $ 1,000 unchanged. The prediction of Jenks was released as the bitcoin price showed signs of a retracement on April 11. In the last 24 hours, the bitcoin price dropped from its 2019 high at over $ 5,400 to briefly

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After years of reading economics, I’m still impressed by Central Bankers’ ability to take the simplest of ideas (deflationary money) and obfuscate it with word-garbage in order to hide a simple fact – that they are thieves rationalizing a century-long robbery that’s finally about to crash the World.

After years of reading economics, I'm still impressed by Central Bankers' ability to take the simplest of ideas (deflationary money) and obfuscate it with word-garbage in order to hide a simple fact - that they are thieves rationalizing a century-long robbery that's finally about to crash the World. submitted by /u/bearCatBird
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Bitcoin – The Currency of the Internet

BMO Warns US Stock Market Could Crash to ‘Ugly’ December Lows

A critical re-test of December lows could place severe pressure on the US stock market. With the Dow already reeling from five straight days of losses, BMO’s chief analyst Russ Visch warns things could get “ugly” for the index and its peers, the S&P 500 and Nasdaq. BMO: S&P 500 Crosses Critical Selling Trigger ZeroHedge outlined the S&P 500’s drop below 2,750 as a “critical selling trigger,” warning that commodity traders have now started to sell. Adding to the bearish outlook, the Bank of Montreal’s Russ Visch proclaims that the “goldilocks” rally has ended – “goldilocks” referring in economics to

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Wealth Manager: Pot Stocks Will Mimic Crypto Bubble – But Won’t Crash Like Bitcoin

Wealth manager Carol Pepper says cannabis stocks are the next “huge growth area” in alternative investing. With an actual physical product, pot stocks could soar like Bitcoin in 2017, but unlike the cryptocurrency, they won’t follow that boom with a bust. Pot Stocks Earn Bump from Legalization Progress Recreational cannabis was legalized in Canada on October 17, 2018, opening the North American market to pot companies and laying the groundwork for cannabis-infused drinks and other products. The US could quickly follow Canada’s trailblazing. Though it’s still banned at the federal level, ten US states and the District of Columbia have

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Swiss Franc Plummets – Here’s What Caused the Haven Currency’s Mini ‘Flash Crash’

On Monday during the Tokyo session the Swiss franc (CHF) was aggressively sold. The USD/CHF pair for instance touched the 1.0106 level. This was a high that the pair last reached in November last year. On the other hand the Euro/Swiss Franc (EUR/CHF) pair touched the 1.1422 mark. Against the Japanese yen the franc fell to 108.80 while against the sterling pound it touched the 1.3056 level. Swiss Franc Rises Sharply Then Fills Gap, Breaking its Average Trading Range But within a matter of minutes the sharp moves were reversed. For the USDCHF it resulted in a trading range of

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Dow Jones Rally Just a ‘Dead Cat Bounce,’ US Stock Market Could Crash 30%: David Tice

The recent Dow Jones rally is a “dead cat bounce” because the stock market is going to tank and a recession will eventually cast a dark shadow over the US economy. That’s the bleak prediction of investment perma-bear David Tice, who previously managed the aptly-named Prudent Bear Fund. A dead cat bounce is a brief recovery from an extended bear market that’s followed by a prolonged downturn. Basically, that’s where Tice thinks the US stock market is right now. ‘We Are Now in a Bear Market’ Looking ahead, Tice claims a 10 to 30 percent market plunge looms on the horizon,

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