Financial services sector and banks leading the deflation driven depression with real estate collapse
Peter Oberois
Feb. 24, 2007

The stock market quietly topped out like in 1929 and 1987. The financial stocks and banks are leading the worst nightmare of deflation driven depression.

The real estate market is in deep trouble. The mortgage delinquencies are skyrocketing. People are paying interest on their so-called home equity lines by borrowing. Large credit card companies have issued letters reducing credit lines to all those who they suspect are sub prime borrowers. They are just fueling the fire and creating their own bankruptcy scenario.

Before this entire debacle is over, close to 70% financial institutions will go belly up.

The Dow Jones Industrial Average had its biggest weekly slide since August as rising consumer prices reduced the odds of an interest rate cut and concern mounted that mortgage defaults may reduce profit growth at banks.

It is called white gold – it will shine better and will prove to be world’s most wanted commodity
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The production is on the rise. Right now the prices are depressed. But the demand outpaces supply by a ration 10 to 1. That means sugar prices can rise fifteen times from where it is today in the next ten years.
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Financial services sector and banks leading the deflation driven depression with real estate collapse
Peter Oberois
The stock market quietly topped out like in 1929 and 1987. The financial stocks and banks are leading the worst nightmare of deflation driven depression.
READ MORE>>

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Indians, Chinese, Brazilians and Americans will have start thinking of saving again and paying off their huge debt. Where is economy that can support $100 a barrel crude?
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The bond market finally found an inverse in stock market. Simply put, it is going up as stocks are falling.
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Dow Theory failure will mark a new era of deflation, stagflation and underemployment
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The failure Dow theory in this massive scale will prove that we have into a new era. Dow theory seldom fails except in case of massive bubbles that take many decades to correct.
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The bear market has started led by deflation and mortgage banking collapse – 1929 all over again
Peter Oberois
The bear market is equities have started. That does not mean a new high cannot happen. the sentiment and divergence indicators mimic the 1929 stock market before famous crash.
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Microsoft shares leading the bear market in stocks – India Daily Jan 25 analysis coming true
Special Correspondent - Sam Adelton
The bear market is stock has started. It is led by no one else but Microsoft itself.
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