Investors have been cast upon an unclimbable wall of worry, and what comes next could be a financial market crash that dwarfs the 2008 financial crisis. There is no need for me to sugarcoat things, for you have the Fed’s Beige Book, which indicates “little to no change” in economic activity since last month, and the latest IMF report with the “global economy limping along” narrative. Remember in July...
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The worst 25 wealth-burning stocks have lost investors, collectively 1.2 Trillion US dollars, since 1926. What common characteristics do these wealth-burning stocks share? Most of these wealth-burning stocks listed on the stock exchange were engaged in accounting fraud, better known as cooking the books to inflate their financial accounts. Another common thread of wealth-burning stocks is that eight were involved in the...
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