Veteran market pro, Bob Hoye of Charts & Markets returns with his latest financial insights, noting:
the "mania in financial assets" could soon transition into a bearish episode. His technical indicators are flashing warning signs, reaching "technical excesses unseen since the Great Depression", suggestive of a major deflationary period in most asset classes, with the notable exception of the Greenback.
Meanwhile, Bob Hoye sees considerable risk of significant selloffs in pricey markets not since the 2008 recession has such "bubble conditions" threatened investors, begging the question: might another liquidity crises send investors scrambling for cash, mirroring 2009?
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
