Global financial CRASH IMMINENT: Markets hit highs not seen since Black Tuesday

Global financial CRASH IMMINENT: Markets hit highs not seen since Black Tuesday
 

There is a growing sense of foreboding amongst economists who believe the market is poised to repeat what happened during the dotcom bubble and the Wall street crash. 
Stock values have reached levels not seen since those two disasters and a correction would throw the world economy - currently seeing an ongoing boom period - into disarray.
Graham Hacche at the National Institute for Economic and Social Research (NIESR) said:“In both cases, sharp market ­declines followed these high readings.”
He went onto say the cyclically adjusted price-earning ratio (the Shiller CAPE ratio) has risen... read more

 
6 November 2017 in Business, Views: 37
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