We are living in exciting times. The Signposts point to Jesus soon return.

Tuesday, January 5, 2016

Global Stocks Sink on China, U.S. Growth Concerns

Prophecy Sign:  The coming global economic collapse, (and re-set)

Wail, you who live in the market district; all your merchants will be wiped out, all who trade with silver will be destroyed. Zephaniah 1:11 NIV

Global Stocks Sink on China, U.S. Growth Concerns
Stocks were pummeled on the first trading day of the year, sending the Dow Jones Industrial Average down as much as 467 points before recouping some of those losses as a selloff in Chinese equities spread amid anxiety over the outlook for global growth. While the U.S. blue-chip index had almost halved its decline by the end of Monday trading, the Dow still capped its worst start to a year since 2008. Banks and health care shares led the Standard & Poor’s 500 Index to a 1.5 percent slump, and a gauge of global equities posted its worst inaugural session in at least three decades. Emerging-market shares slid the most since August as evidence of slowing manufacturing in China triggered a selloff that halted trading in Shanghai

What Really Happened In 2015, And What Is Coming In 2016…
A lot of people were expecting some really big things to happen in 2015, and most of them did not happen.  But what did happen?  It is my contention that a global financial crisis began during the second half of 2015, and it threatens to greatly accelerate as we enter 2016.  During the last six months of the year that just ended, financial markets all over the planet crashed, trillions of dollars of global wealth was wiped out, and some of the largest economies in the world plunged into recession.  Here in the United States, 2015 was the worst year for stocks since 2008, nearly 70 percent of all investors lost money last year, and it is being projected that the final numbers will show that close to 1,000 hedge funds permanently shut down within the last 12 months.  This is what the early stages of a financial crisis look like, and the worst is yet to come.

No comments:

Post a Comment