T.H.E.M. ¨We believe in the judgment; we believe this first judgment will take place as God revealed, in America...¨

T.H.E.M. ¨We believe in justice for all, whether in God or not; we believe as others, that we are due equal justice as human beings.¨

“Panic-like selling” grips Wall Street as the economic numbers point to “a lot of unpleasant things that nobody wants to admit”

Fear is spreading like wildfire on Wall Street, and on Friday we witnessed yet another wave of panic selling. The Dow Jones Industrial Average fell another 559 points, closing at 24,389. Previously I had warned that once we solidly broke through 25,000 that it could trigger an avalanche of panic selling, and that is precisely what has happened.

The Dow is now down more than 9 percent from the peak in early October, but the S&P 500 is doing even worse.

The S&P 500 is now down 10.2 percent from the September peak, and that means that it is officially in correction territory. It has now been two solid months, and the sell-off on Wall Street shows no signs of abating. (Read More…)

Social

“Panic-like selling” grips Wall Street as the economic numbers point to “a lot of unpleasant things that nobody wants to admit”