Call it the Shemitah effect or seasonal changes, but the stock market is dropping.
“Between seasonality and concerns about earnings growth, September and October are going to be tough,” Quincy Krosby, market strategist at Prudential Financial, tells MarketWatch.
CNN Money labels the U.S. perception of the stock market close to “Extreme Fear.”
And the International Business Times predicts a “weak Christmas season.”
The mainstream media outlets exemplify precisely what blogger Michael T. Snyder highlights in his many articles on his Economic Collapse blog.
Snyder broke his analysis down on the Jim Bakker Show, which often chronicles prophecies in both the spiritual and economic realms.
“We [US government] have been stealing from future generations of Americans, when you break it down by hour, it’s over 100 million dollars every single hour of every single day,” Snyder tells his host.
READ MORE: http://www.charismanews.com/world/52225-the-shemitah-has-come-and-gone-but-the-greatest-financial-crisis-is-still-ahead