Stock market crash talk often picks up in October – the month has a reputation of having the worst performance of the year.
As I mentioned over the weekend, the month of September ended with two dramatically different exits: The Hollywood ending of Yankee Captain Derek Jeter’s Hall of Fame 20-year career, and the acrimonious departure of Bill Gross from PIMCO, the firm he founded 43 years ago.
Crude oil prices tanked more than 3% today (Tuesday)
In theory, we have free markets, where manipulation is illegal and punishable.
We’ve found that’s not often the case in the financial markets.
There is a lot of lip service being paid to the upcoming stock market crash that we’re supposed to expect once the Federal Reserve starts raising rates.
Every time we get close to a regularly scheduled Federal Reserve statement, financial pundits pontificate about the nuances of what the Fed Chair might say, not say, or imply.
Dow Jones Industrial Average officials just made membership requirements for its elite index even more stringent, prompted by a surge in inversion deals made to avoid the high U.S. corporate tax rate.
The biggest scams threatening your money are on the rise – and they’re getting more sophisticated.
The absolute best way to avoid risk to your wallet is simply to be informed – by quickly picking up on the warning signs your money is under attack, you can take immediate action.
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