from King World News
After the wild action last week, people were asking, “Is this the big one?” Here is the answer…
March 24 (King World News) – Gregory Mannarino, writing for the Trends Journal: Over the past several weeks the U.S. stock market has suffered substantial losses. There is not a single day which has gone by over the last few weeks that I have not gotten bombarded with a single question, “Greg, Is This the Big Stock Market Crash?”
My answer has invariably been NO, THIS IS NOT THE BIG ONE.
So how am I able to say with a high level of certainty that this is not the big stock market crash that everyone is waiting for? My answer is based upon directly observing the number one driver of the stock market, which is the debt market. (The debt market includes the U.S. dollar, which is in and of itself a unit of debt).