“There will be hell to pay,” all-time record, plus another chink in the armor.
Another Chink In The Armour
November 14 (King World News) – Stephanie Pomboy: “…another chink in the armour….(See below).
S&P Index vs Unemployment Claims
Consumer Confidence Tumbles
Stephanie Pomboy: “…another serving of economic data disappointment… consumer comfort index posts largest 3 week decline since 2008. (See below).
Consumer Confidence Largest 3 Week Decline Since 2008!
Leuthold Group: “SPX overthrows another longstanding record: SPY cumulative total return since 3/9/09 is+468% (thru Nov. 4th), surpassing that of +454% attained during 1949-56.
All-Time Record: S&P Just Hit Largest Cumulative Return Since 1949
“There Will Be Hell To Pay”
Sven Henrich: “But for now central banks have again succeeded in levitating asset prices to historic highs above GDP. Whether that translates into growth in the real economy remains to be seen. So far not. If it doesn’t there will be hell to pay.”
***KWN has now released Gerald Celente’s powerful audio interview discussing what investors should do to prepare themselves for the coming depression, including what to expect from gold, and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
GaveKal Warns, Plus The Rest Is All Bullish*t
READ THIS NEXT! GaveKal Warns US Dollar To Weaken, Plus There’s No Trade Deal And The Rest is All Bullish*t CLICK HERE TO READ.
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