Wednesday, September 25, 2013

The Next Big Crash is Coming - Debt Ceiling Crisis 2013

History tends to repeat itself. Two years back in September 2011, US is facing Debt Ceiling Crisis and caused the stock market to crash hard. Now the debt ceiling is nearing the max and it is expected to have problems coming soon next month (October 2013).

Based on the history, the market will crash. The Fed on-hold tapering is a great news for the stock market but the debt ceiling is creating another problem for the market. The market will go through hard time again because of debt ceiling and the next meeting for tapering.

Are you out of the market?
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