Michael Snyder of Economic Collapse notes: "This is the time of the year when investors start getting nervous"
Is the stock market going to crash by the end of this year? Are we on the verge of major financial chaos on a global scale?
Well, this is the time of the year when investors start getting nervous. We all remember what happened during the fall of 1929, the fall of 1987 and the fall of 2008. However, it is important to keep in mind that we do not see a stock market crash in the fall of every year. Some years the stock market cruises through the months of September, October, November and December without any problems whatsoever. But this year conditions certainly seem to be right for a "perfect storm" to develop. Technical indicators are screaming that a stock market decline is imminent and sources in the financial industry all over the world are warning that a massive crisis is on the way. What you are about to read should alarm you. But it is not a guarantee that anything will or will not happen. ...
The truth is that the second half of 2012 looks a little bit more like the second half of 2008 with each passing day.