Anonymous wrote:http://www.moneynews.com/MKTNews/Massive-wealth-destruction-economy/2013/06/20/id/511043/?promo_code=13E5C-1&utm_source=taboola&utm_medium=referral

I have been seeing these articles since mid-2013. There were predictions about the bubble burst...does this new "doom and gloom" report have any validity? Thoughts?

No way anyone can predict markets at that micro level. You can generalize by looking at certain variables such as housing starts, unemployment, exports vs. imports, interest rates, curet political climate with our allies and non-allies....

All that said, all the things above could be strong/positive but all we need is one terrorist event on US soil and all goes to shit.

just stay the course, invest in low cost mutual funds and max out your retirement funding.

How many of those predictors are shorting the market?

Have a thoughtful asset allocation, dollar cost average for any investments, and stay the course. Anything else is just stupid.

Anonymous wrote:

Anonymous wrote:http://www.moneynews.com/MKTNews/Massive-wealth-destruction-economy/2013/06/20/id/511043/?promo_code=13E5C-1&utm_source=taboola&utm_medium=referral

I have been seeing these articles since mid-2013. There were predictions about the bubble burst...does this new "doom and gloom" report have any validity? Thoughts?

According to the graph in the link you posted, the stock market should have started tanking at the end of last year and be hitting bottom next Wednesday.

But..... WHAT IF IT DOES?!!?!?!?!?!

Anonymous wrote:http://www.moneynews.com/MKTNews/Massive-wealth-destruction-economy/2013/06/20/id/511043/?promo_code=13E5C-1&utm_source=taboola&utm_medium=referral

I have been seeing these articles since mid-2013. There were predictions about the bubble burst...does this new "doom and gloom" report have any validity? Thoughts?

According to the graph in the link you posted, the stock market should have started tanking at the end of last year and be hitting bottom next Wednesday.

Most of those guys have been peddling the "end of the world" their entire careers. Faber is the only one mentioned I'd put much stock in (ugh, pun) only because his world view is based on a thousand years of financial history. Wealth is created and destroyed on a cyclical basis over long periods of time. He was pounding the table that stocks were a buy during spring of 2009, too, so he's not always in the collapse camp, either.

http://www.moneynews.com/MKTNews/Massive-wealth-destruction-economy/2013/06/20/id/511043/?promo_code=13E5C-1&utm_source=taboola&utm_medium=referral

I have been seeing these articles since mid-2013. There were predictions about the bubble burst...does this new "doom and gloom" report have any validity? Thoughts?