Stock Market Crash Ready to Bankrupt Banks, Hedge Funds as Margin Trading at All Time High
(H. A. Goodman predicted the market crash on Sept. 9, 2021 within Prediction Playlist)
Stock Market Crash Imminent as Inflation, CPI and PPI Rise, Margin Debt Hits Record, Confidence Low (H. A. Goodman started the Stock Market Crash Channel on Sept 16, 2021, this is my first segment)
Bitcoin CRASH Certain as U S Stock Market CRASH Caused by Evergrande Default Unfolding (H. A. Goodman predicted the Bitcoin and Crypto crash on Sept. 20, 2021) https://www.youtube.com/watch?v=JWa6bVh9L2s&t=485s
Joe Biden’s Bitcoin CRASH to $10,000 and Dow Jones Fall to 20,000 Leading to Recession in 2022 (H. A. Goodman first predicted Bitcoin would crash below 10K on January 22, 2022)
https://www.youtube.com/watch?v=1xyC5_UkSa4&t=33s PLEASE SHARE THIS BITCOIN CRASH SEGMENT EVERYWHERE! THANKS! https://www.youtube.com/watch?v=1xyC5_UkSa4&t=33s
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I predicted all of this also in October of 2021 in my Federalist article:
Why Are Democrats Hurtling The United States Towards A Stock Market Crash?
I predicted the crypto and Bitcoin crash in 2021, please watch my Stock Market Crash Prediction Playlist:
Wall Street titan Jeremy Grantham has been warning of a “superbubble” in the U.S. since last year, arguing the S&P 500 is set to be cut in half as an era marked by exceedingly risky investor behavior begins to fade.
Now, the cofounder and chief investment strategist of the Boston-based asset management firm Grantham, Mayo, and van Otterloo (GMO) is warning the U.S. may be headed toward a housing crisis as mortgage rates soar, and the effects on the economy could be devastating.
So far, his prediction about the S&P 500 has proved to be prescient, if a little dramatic, as the index is now down roughly 15% year to date. Stocks, particularly in the once high-flying tech sector, have been hammered as the Federal Reserve continues to raise interest rates in hopes of combating levels of inflation not seen in four decades.
Grantham argues the U.S. economy can weather dramatic drops in the stock market, as evidenced by the merely mild recession that surrounded tech stocks’ blowup during the dotcom bubble. But when it comes to a housing crisis, he says, the economy is unlikely to come through unscathed.
The dotcom bubble of “2000 showed you can just about skate through a stock market event, but Japan and 2008 showed you can’t skate through a housing crisis,” Grantham told Bloomberg in an interview published on Friday.
Grantham is convinced that we’re in the midst of a fifth great bubble of the modern era, following the Wall Street crash of 1929, the Japanese asset bubble of 1989, the dotcom blowup in 2000, and the Global Financial Crisis of 2008.
He argues that both stocks and the housing market have been lifted to unsustainable levels owing to speculation from investors and unsustainably loose monetary policies from the Federal Reserve.
Now, with interest rates for a 30-year fixed-rate mortgage rising to 5.27% this week, their highest levels since 2009, he sees that point coming ever closer.
The rapid increase in the cost of housing has led some market experts to back up Grantham’s view that the red-hot market is now in bubble territory, including the Federal Reserve Bank of Dallas. In a paper published in late March titled “Real-time market monitoring finds signs of brewing U.S. housing bubble,” Fed researchers said home prices “appear increasingly out of step with fundamentals.”
Of course, not everyone is convinced that the housing market is set for a dramatic drop.
Mark Zandi, chief economist at Moody’s Analytics, said that while he sees the U.S. housing market cooling through the end of the year, a substantial national home price correction is unlikely.
“In terms of house prices, I expect [growth] to go flat,” Zandi told Fortune on Monday. “There will be markets where we will see a price decline of around 5% to 10%.”
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Author: H. A. Goodman