Market Taking a blood bath

Stocks are heading for an absolute bloodbath.

Yesterday, we took out THE line for stocks, DESPITE
the ECB promising to do more.

The clock is ticking on a collapse.

Indeed, we could very well see another 2008-type event.

Corporate debt is back to 2007 PEAK levels.
Stock buybacks are back to 2007 PEAK levels.
Investor bullishness is back to 2007 PEAK levels.
Margin debt (money borrowed to buy stocks) is at 2007 PEAK levels.
Investor complacency is at a record LOW.

We have the very makings of a Crash.

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I know we said we would be taking a break from the news, but this article was just so compelling I had to share it with you…

Sincerely,

Warren