Scottish Bank: "Sell Everything"
Washington Times January 11, 2016
The Royal Bank of Scotland has warned clients to sell everything, anticipating a cataclysmic year for markets.
Sell everything except high quality bonds, the bank's credit chief, Andrew Roberts, said in a note to clients this week. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.
The note said the current situation was reminiscent of the 2008 collapse of Lehman Brothers, which led to the global financial crisis. This time China could be the crisis point, The Guardian reported.
China has set off a major correction and it is going to snowball. Equities and credit have become very dangerous, and we have hardly even begun to retrace the Goldilocks love-in of the last two years, Mr. Roberts said.
He said European and U.S. markets could fall by 10 to 20 percent.
Analysts at JP Morgan have also advised clients to sell stocks on any bounce, and Standard Chartered has predicted a slide in oil prices to as low as $10, The Guardian reported.
http://www.washingtontimes.com/news/2016/jan/12/royal-bank-of-scotland-warns-clients-to-sell-every/
Mexican Anonymous:
I bet this won't trickle up to the Rockefellers and the Rothchilds.
And oh, the drop in oil prices to $10 just proves the markets are totally rigged at the whim of these people, who want the price at $10 to give Russia, Iran, and Venezuela a nice kick in the teeth. They are the ones who will be impacted by this the most, not any paper pushing fake wealth robber baron.
Ever heard of pump and dump? That used to be part of an ordinary 8th grade education in America, outside of economic war motives that is all this is, same old same old.
I'd like to see the USA get through it all, needing only to do a large load of laundry, and for the current power structure in the west to loose it's behind instead.
With what the Family of banksters and traders have brought us to that would be nice to see, and it really would be convenient if they all just jumped which would be a lot easier than imprisoning them.
And I can tell you another reason why oil prices are so low: THEY WANT WAR. And what better way is there to get war than WAR PROPAGANDA?
Washington Times January 11, 2016
The Royal Bank of Scotland has warned clients to sell everything, anticipating a cataclysmic year for markets.
Sell everything except high quality bonds, the bank's credit chief, Andrew Roberts, said in a note to clients this week. This is about return of capital, not return on capital. In a crowded hall, exit doors are small.
The note said the current situation was reminiscent of the 2008 collapse of Lehman Brothers, which led to the global financial crisis. This time China could be the crisis point, The Guardian reported.
China has set off a major correction and it is going to snowball. Equities and credit have become very dangerous, and we have hardly even begun to retrace the Goldilocks love-in of the last two years, Mr. Roberts said.
He said European and U.S. markets could fall by 10 to 20 percent.
Analysts at JP Morgan have also advised clients to sell stocks on any bounce, and Standard Chartered has predicted a slide in oil prices to as low as $10, The Guardian reported.
http://www.washingtontimes.com/news/2016/jan/12/royal-bank-of-scotland-warns-clients-to-sell-every/
Mexican Anonymous:
I bet this won't trickle up to the Rockefellers and the Rothchilds.
And oh, the drop in oil prices to $10 just proves the markets are totally rigged at the whim of these people, who want the price at $10 to give Russia, Iran, and Venezuela a nice kick in the teeth. They are the ones who will be impacted by this the most, not any paper pushing fake wealth robber baron.
Ever heard of pump and dump? That used to be part of an ordinary 8th grade education in America, outside of economic war motives that is all this is, same old same old.
I'd like to see the USA get through it all, needing only to do a large load of laundry, and for the current power structure in the west to loose it's behind instead.
With what the Family of banksters and traders have brought us to that would be nice to see, and it really would be convenient if they all just jumped which would be a lot easier than imprisoning them.
And I can tell you another reason why oil prices are so low: THEY WANT WAR. And what better way is there to get war than WAR PROPAGANDA?