As the Chinese stock market plunged over 7 percent before trading was halted for the second time this week, today a 50-year market veteran warned King World News that the global collapse is accelerating as worldwide panic increases and historic super-bubbles begin to burst.
With the Dow trading down over 252 points, crude oil tumbling another $2, and gold surging, today King World News is pleased to share a fascinating piece which looks at the ongoing carnage in the crude oil market, the strength in gold, and Louise Yamada weighs in as well.
The last time this happened there was a wave of financial turmoil.
With a volatile opening to global markets to kickoff the year, today King World News is pleased to share a major warning from Peter Boockvar as well as Bill Fleckenstein’s outstanding second wrap of 2016!
After a chaotic first day of trading to open 2016, today King World News is featuring a powerful interview with one of the greats in the business that include to remarkable gold and silver illustrations that will shock people.
On the heels of the panic in China and the Nasdaq falling over 100 points, today King World News is pleased to share Bill Fleckenstein’s fantastic first wrap to start 2016!
On the heels of Chinas stock market plunge creating panic in global markets to start the new year, today the man who has become legendary for his predictions on QE, historic moves in currencies, and major global events, warned that China’s stock collapse is just the beginning of the panic.
One of the legends in the business warned King World News about a great danger facing the world in 2016.
Legend Art Cashin Warns We May See A Global War In 2016.
Art Cashin: Director of Floor Operations for UBS Financial Services & CNBC Market Commentator – UBS has over $650 billion under management. Art has over 50 years of Wall Street experience, which gives him the ability to offer valuable insights to investors and traders. When he started in the industry, the Dow Jones Industrial Average was actually in the 700-800 range. He shares his analysis and gives the pulse of the market from the floor of the New York Stock Exchange.