I don't follow EVERY World market EVERY day......, so I missed (just saw) that Japan's Nikei Index was SHOCKED TODAY (yesterday's markets their time)
Hmmmmmmmmmmmmmmm...
ECONOMIC JUSTICE.
A term I have used form time to time over the last 5 years.
As in "If there IS any ECONOMIC JUSTICE.......then thus and so just HAS TO HAPPEN SOME TIME"
As in....1) now, IF THERE IS any economic justice Japan's stock market rally of 50% in the last 6 months CAN NOT CONTINUE. And with an 1100 point drop or 7% in ONE DAY.......THERE is YOUR JUSTICE!!The article above refers to it as "Japan's Lehman Moment" ...reminiscent of the Lehman Default in 2008 that was the "trigger" that brought down OUR Banks....OUR Economy.... OUR Stock Market in September 2008.
(Ah.......Rosh Hashanah 2008...Sept 29, 2008....how well I remember that day. OUR Market was down 777.68 points in ONE DAY. Ah.....my "signal" that the Rapture would be 5 years later, sometime during Jewish Year 5773....Sept 2012 to Sept 2013. ?? Oh could that still be "MY" signal??? )
2) As in..... IF THERE IS any economic justice...... Europe's stock market will take another BIG HIT again...soon.
3) As in....IF THERE IS any economic justice.....the US Stock market will have it's own "Japan Shock" one day soon.
4) As in.......(2006) IF THERE IS any economic justice........US Home Prices MUST get hit dramatcially. AND IT DID!!
5) As in.....IF THERE IS any economic justice.......those "ghost cities" in China.....that were built into China's GDP over the years....that now sit EMPTY...... then one day, there must come a day of reckoning for China's stock market too (amongst other reasons)
6) As in......IF THERE IS any economic justice......ALL Asset Classes GET HIT HARD AFTER a roaring rush to recond highs. (ie, GOLD recently) Today, so far, gold is less than 1% IN SPITE OF Japan's big stock market hit. Hmmmm......
7) As in (1999) IF THERE IS any economic justice......Tech stocks and Internet stocks MUST GET HIT HARD HARD HARD.....and they DID!!
8) And on and on...... remember the great TULIP disaster in the 1800's? EVERYTHING that rises to the state of EUPHORIA......and then EVERYBODY JUST CAN'T GET ENOUGH OF THAT COMMODITY...THAT THING.....AT....ANY....PRICE.....
HEY....THAT.......IS WHEN YOU CAN expect a collapse of prices.
PERSONALLY.......... I think God should (lol......when did God ever take MY advice!!?? lol) bring on the Rapture ANY TIME NOW!!!
Because......the dominoes are ALL LINED UP....... and the Rapture would be just the RIGHT UNexpected event, to make the chaos that brings onto the stage the A/C......and that 7 year Tribulation..
Not to mention...... War in the Middle East is so very close..... pretyy much, EVERYONE IS NOW CRYING what?
PEACE AND SAFETY........ just ask John Kerry.......that is HIS current mission.
Anyway........Will Japan's stock market hit spill over into the US today? (I don't think so.) but it's still early in the day 10:17am.
The US market's bigger worries are, and continue to be ERUOPE's market drops.
And.......the UNcertainty of the FED and whether they will/how ling they will...continue QE 14 (or whatever QE they are doing now.)
BUT.....put it all together....and what could happen......could there be a cascading tsunami????
You bet....what would that look like?
First, JapanSecond, EuropeThird, WAR in the Middle EastFourth, US Markets get hit..)
and.....here's the one I'm waiting for...
Fifth...THE RAPTURE!!
TICK TOCK.................................It's getting exciting..................YFIC,RAndy