1800 DOW DROP – AS WE PREDICTED
1800 point crash due to pandemic worst drop 7% since March
WHAT HAPPENED ON THURSDAY JUNE 11th – OUR WHY FOR LEADERS TO REGISTER INTO CEO SPACE JUNE 16TH – I ENCOURAGE YOU TO DO SO
The markets crashed 7% as we predicted and when we predicted for those fact checking. Right again. As we reported nations states and agencies have OPENED MARKETS too soon – too early – and surges of Killer Virus cases are occurring world wide as divided leaders revisit plans. Nashville with soaring new case loads put on pause the second phase of re-opening – SMART. Many are not so smart and lives are at high risk here.
Secretary of Treasury says – but I can not close the economy again as that causes deaths too.
Nearly every category of investing was dragged DOWN in the Thursday SUPER CRASH for one day – 1800 point day wipe out.
Oil wiped out down 8% the largest oil one day wipe out yet. Oil at 35 dollars a barrel again is a price no one pays. Contract buyers all pay much less in fact. Oil is devolving. As reported here this week. Right again.
The VIX FEAR INDEX has topped 40 – first time the world FEAR INDEX crossed 40 since May.
We report and predict the sell off has new lows to achieve into the fall. This is as we reported on data a SLOW MOTION SUPER CRASH. Right Again.
What triggered the sell off. Idiot Chairman Powell triggered the massive sell off with trillions wiped out in wealth. Margin calls are triggered in massive demands to accommodate first real PANIC SELLING we may see later or Friday – as soon as Friday.
Trump pounded the FED we have called be MERGED INTO US TREASURY as under supervision the FED will make less mistakes than it does independent of check balance and real accountability auditing we all deserve of central banks merged in AI digital age bac to state treasury. Answer – why pay interest on money printed versus removing that cost to nation by the MERGER of the FED ( same folks and process ) but now with check balance and zero interest. Read below on that concept to understand more fully on the economics.
Sanity returned to insane economics in markets world wide all at once.
The problem will take a decade to stabilize versus a year or two – right again.
Meanwhile TRUMP DEBT has moved up from 20 trillion to over 55.9 Trillion if anyone out there is still counting. In one quarter non financial debt rose more than in the history of America record keeping.
Network in America fell Thursday by 7.4 trillion dollars and that down bubble is not over yet. Loans against those falling asset values are being called as are margin accounts in stock and bond casino betting. If the markets CRASH AGAIN on Friday the outcome is influenced by MARGIN CALLS where the death spiral of VALUES DEFLATING occurs as asset class valuation plunges and margin debts on those assets soar in LOAN CALLS where ever declining assets must be sold to pay for margin betting in casino capitalism well reported here. Right again.
Business debt exploded in 2020 up by 18.8 % to already far too high debts on institutions.
Total Federal only debt has passed 26 TRILLION up 6 trillion or over 2 trillion a year for Trump each year.
The Super Volatility and insanity of the market destabilizing must be obvious now to more and more of my readers who may have suspect we had lost our mind in reporting solid data to you. Now you add up the right agains.
I would sell out of all stock and bonds Friday before new lows are found, and move into DIVERSIFIED INSURANCE INVESTING while you have TIME to take that safe harbor step to preclude risk of your valuation declining to shock and awe levels. Scroll and read my article on DIVERSIFIED INSURANCE INVESTING making sure you deal with licensed insurance investment professionals versus just a life insurance agent – huge difference. Shop and get your best options. Explore. It cost nothing to explore a safer way forward.
SUPER CRAsh will take the market to value in deflation never seen in any chart.
That right again lies ahead of us – but keep in mind – our predictions. Just keep the data in your mind. Now EU on Friday and also – DEFICIT SPENDING IS GOOD AND NECESSARY so THINK DIFFERENT. Let me give you more data so you can think differently.
Leaders are readers and life long learners. My new BOOK SUPER CHANGE is audio book for free until it is for fee – get your FREE audio book search Amazon for SUPER CHANGE BY BERNY DOHRMANN and secure copies for your best clients to:
R – tain those clients you can’t in this market afford to lose at all
R – repeat buy those clients the low hanging fruit for all of us as one
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MAKE the essential THREE “R”S your strategy starting this weekend.
Note to CEO SPACE MEMBERS – keep in your mind you attend June 16th the FULL CEO SPACE ALL NEW 2020 FORUM – CREATING YOUR CUSTOMIZED PANDEMIC PROSPERITY PLAN as life insurance for your own wallet – but your mind set is – HOW CAN I “BE” THE MIRACLE FOR SOME ONE ELSE. We all as owners must agree to help each other more. It is not of 99.00 bucks as lifetime members into a FULL FORUM only what CEO SPACE can DO FOR YOU that is your WHY – it is rather how many can you BE THE MIRACLE FOR as you mentor and give back to other owners in this crises. If you think like THAT register and do not miss next Tuesday to Friday accelerator – you can’t be as safe and profitable outside CEO SPACE in times of crises and change as you will for sure be inside CEO SPACE. Register to tithe in these crazy unpredictable times – owners helping owners as no where else in the world today – CEO SPACE TUESDAY – you in?
Factoid: worrisome is the fruit and vegetable packers now epidemic in catching the killer virus which moves to our food and packaging from those workers effected now. Reopening? Has made economics ( 1800 one day worst drop since March Super Crash ) and more coming yet. We have not turned the corner on health wealth and being safe nor on the economics in any way what so ever. The market is starting to see with new eyes as the market THINKS DIFFERENT …wait for it………compounding this week Lebanon currency ( the banker for the Gulf ) saw currency collapse against riots with the nation on fire literally a huge GLUF blow to stability if unresolved.
Trump and Biden at SUPER HIGH RISK PERSONALLY to the killer virus this weekend roll out on campaign trail in a to the death battle rarely seen in America. Biden said US military will oust Trump if the DUMP TRUMP slogans take root – and Trump fails to leave. BIden has ruled out a Pardon for Trump from the many Federal and state criminal prosecutions pending upon his departure from immunity as President. Also Trump is facing bankruptcy from billions in debts in empty resorts world wide from the virus. How all that plays out is defined in the election results. Wait for it…..as well……..trust the process – Trump in Texas where he led by 9 points last election and now Biden is ahead a huge poll shift one of many as Red states go blue – confusing the Trump campaign. Republicans back a democrat justice reform bill. President Trump plans to issue law enforcement directives. Trump lacks powers over state and local law enforcement.
Pray for the Secret Service protecting both Trump and Biden in todays riot world.
Rocket boy screaming for attention – FAT BOY HERE – pay attention to MEEEE came out with his sound bite he see’s no reason ( thinking Trump is losing ) to continue value of his relationship unless the USA changes tactics in trust respect without hostility to get to a new WORLD ORDER. Wait for it……
Ten years ranked # 1 in the world accelerating growth for owners and professionals we serve today……
IT iS GO TIME TO REGISTER THIS WEEKEND – I ENCOURAGE YOU TO DO IT !
1800 POINT DOW DROP – WHAT DO “WE” SEE FOR THE EU AS EYES ON EU NEXT ?
Food for Leader Reader THOUGHTS:
The Stoxx Europe 50 index, Europe’s leading Blue-Chip index provides a representation of super sector leaders in Europe.Below is a chart of the index…click the ALL icon at the bottom of the chart to see everything.Japan is not the only area of the world that has experienced a huge market top, crashed and then never reached it again. The European Union was formed in 1992 and with its 447 million population, in all its countries, it was the new “world beater” as it was going to compete with the US for dominance in the world. And it looked like it was going to succeed judging from 1992 to 2000.Since the inception of the European Union in 1992 and a common currency, the index went from 788 to make a “bubble” high in April of 2000 at 5304. As you can see a market crash happened in April of 2000 that dropped the index to 2037 by March of 2003(more than 60% below the top and very similar to Japan). And it has never regained the losses since. Can the Japan and the EU examples happen in the US? That is what I am betting.Lastly, the time to put money to work in the market is after a TRUE recession when all the bankruptcies and bad debt have been dealt with and the economy is ready for a recovery. Not when there is an eleven year economic cycle with corporate balance sheets in tatters, a federal response that is adding many trillions of debt for our children to deal with and a pandemic that is wreaking havoc with the entire global economic system.
YOUR CHANGE INFECTS YOU TOO
NEW YORK TIME – SHOUT OUT FOR JOB WELL DONE: YOU NEED THIS ITEM TO PLAN BETTER: HAVE NO FEAR NONE WHAT SO EVER – PLAN SMARTER AND WIN – JUNE 6th IS YOUR SAFE HAROR IF YOU REGISTER TO JOIN CEO SPACE INTERNATIONAL VIRTUAL FORUM – OWNERS HELPING OWNERS GLOBALLY – PROFITS EXCEEDED BY FUN:
WHY DEFICIT SPENDING IS IN FACT ECONOMIC AND OK: THE NEW AI ECONOMICS:
Last week, a bipartisan group of 60 members of the U.S. House of Representatives sent a letter to congressional leadership, raising concerns about mounting debt and deficits that have come as a result of the federal government’s response to the coronavirus pandemic. “We cannot ignore the pressing issue of the national debt,” they wrote. The letter warned of “irreparable damage to our country” if nothing is done to stem the tide of red ink. Senator Mike Enzi, Republican of Wyoming, chairman of the Senate Budget Committee, echoed their concerns.
It’s an ominous sign for the smaller businesses and millions of unemployed Americans whose survival may very well depend on continued government support in this crisis. While these Democratic and Republican lawmakers stopped short of calling for immediate austerity measures, their remarks demonstrate that they have fallen prey to what I call the deficit myth: that our nation’s debt and deficits are on an unsustainable path and that we need to develop a plan to fix the problem.
As a proponent of what’s called Modern Monetary Theory and as a former chief economist for the Democrats on the Senate Budget Committee, intimately familiar with how public finance actually works, I am not worried about the recent multitrillion-dollar surge in spending.
But there was a time when it would have rattled me too.
BE THE MIRACLE – WE NEED TO BE THERE FOR EACH OTHER MORE
I understand the deficit myth because in the early part of my career in economics I, too, bought into the conventional way of thinking. I was taught that the federal government should manage its finances in ways that resemble good old-fashioned household budgeting, that it should hold spending in line with revenues and avoid adding debt whenever possible.
Again if you search SUPER BONDS on ths i web site you see the ONE SOLUTION for SOVEREIGN NATION DEBT RESETTING you may wish to bring to a STATE LEADER you – where you transmitting the SUPER BOND WHITE PAPER to head of state – become in fact – that nations MIRACLE.
BE THE MIRACLE
WE ALL NEED TO GIVE MORE TO ONE ANOTHER TODAY AND WE ARE …
Berny Dohrmann – 1000 POINT CRASH IN THE MARKET TODAY – RIGHT AGAIN – FOR YOU TODAY
Tips to restabilize markets:
- Powell has no public appearances to the summer of 2021.
- Trump ceases talking and tweeting altogether
- Musk stops tweeting too
As none of that will happen I anticipate it all will be like the killer virus surging into the summer from leadership failures and errors – responsible from WHO CHINA and the world for at least 50,000 body bags that never needed to die. Who holds leadership accountable for more deaths than any war in same time? Given the utter failure of leadership on stability – say POWELL triggering 7 trillion in asset loss – by himself – how many trillion before congress merges the failed Fed back into US treasury where CONGRESS had CONTROL again as it was for 100’s and 100’s of far better years with the failed obsolete and totally irrelevant FEDERAL RESERVE BOARD presenting its 100% F trade record grade since 1900 – The FED MAKES IT WORST THAN IT WOULD OTHER WISE BE…once you know that is true data you want to address the cornerstone question to merging the failed Fed back into US TREASURY with far smarter teams at the helm?
CAN WE ALL DO BETTER THAN THIS?