Posts by Jeff Berwick

One of the biggest banks in the world, RBS, just warned that 2016 will be a “cataclysmic year” and has told clients to “sell everything.” RBS said that major stock markets could fall by a fifth and that oil may plummet to $16 a barrel Getty Images RBS has advised traders to “sell everything” in…

Milo Yiannaopoulus of Breitbart is a rising star in the media world.  His claim to fame was his early news coverage of the Gamergate controversy, criticizing what he saw as the politicization of video game culture by “an army of sociopathic feminist programmers and campaigners, abetted by achingly politically correct American tech bloggers.” Twitter, which increasingly…

Last week, I received news from a contact who is friends with one of the biggest billionaire shipping families in the world.  He told me they had no ships at sea right now, because operating them meant running at a loss. This weekend, reports are circulating saying much the same thing: The North Atlantic has little…

We warned 2016 was going to be a bloodbath in the markets but even we didn’t think it would happen this quickly. Chinese markets are now 13 percent down for the year, and the entire Chinese exchange system is looking increasingly dysfunctional. On Monday, the Shanghai index fell 7% and then shut down.  Three days…

In July of 2015 we made a bold call that the markets would enter into a crisis period by the fall.  World stock markets subsequently crashed and the Dow had its largest intraday point drop of over 1,100 points in August. The third quarter of 2015 ended up being the worst for stock markets since…