Several noted economists and distinguished investors have made some dire stock market predictions.
For example, former budget director for the Reagan White House, David Stockman recently raised a red flag when he declared an economic collapse is imminent. He went on to say: “There surely is a doozy just around the bend.”
Scott Minerd, Chairman of Investments and Global Chief Investment Officer of Guggenheim Partners, warns: “The markets are potentially on a collision course for disaster … once we reach a peak we’ll probably see a 40% retracement in equities.”
Paul Tudor Jones, the famed hedge fund manager and founder of The Tudor Group, is credited for calling the October 1987 market crash, now says that while “we have the strongest economy in 40 years … it is unsustainable.”
And John Hussman, President of Hussman Investment Trust, says we can expect “a market loss on the order of 60%.”
But there is one distinct prediction that you should pay attention to … that of famed economist Ted Bauman. Over the last three decades, Bauman and his team accurately predicted the financial crisis of 2008, the dot.com crash of 2000, the recession of the early 1990s and the 1987 crash.
Bauman now warns: “There are three key economic indicators screaming SELL stock now.”
And when Bauman makes a prediction, he backs it up. True to form, in a video, Bauman uses over a dozen indisputable charts to prove his point that investors should be getting out of stocks.
As Bauman says: “There is no need to fall victim to the future. If you are on the right side of what’s ahead, you could seize opportunities that come along once, maybe twice, in a lifetime.”
Perhaps most importantly, in this new video presentation, Bauman reveals what he and his family are doing to prepare right now. (It’s unconventional and even controversial, but proven to work.)
While Bauman intended the video for a private audience only, original viewers leaked it out and now tens of thousands are downloading the video every day.
With his permission, I reposted the video on a private website. Click here to watch it now.
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