Wednesday 26 June 2013

Billionaires Dumping Stocks, Economist Knows Why

Money News
"So why are these billionaires dumping their shares of U.S. companies? After all, the stock market is still in the midst of its historic rally. Real estate prices have finally leveled off, and for the first time in five years are actually rising in many locations. And the unemployment rate seems to have stabilized. It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%. One such person publishing this research is Robert Wiedemer, an esteemed economist and author of the New York Times best-selling book Aftershock."

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