Don’t look at your 401(k) [The Daily FWD] August 06, 2024 [UNSUBSCRIBE]( Now THAT’S a Paradigm Shift Hi Reader, Here’s what our editors are looking at today… [Click here to learn more]( News: Jim Rickards – Blood in the Streets! We’re not at crash levels in the U.S. (yet). What happened yesterday is a big deal, but it bears no comparison to October 1929 when the stock market fell 21% over two days or October 1987 when the stock market fell 21% in one day. That said, we may be in for something worse than a crash. We may be in for a long, slow grind to a new bottom that could be down 70% or more from the top (around, say, Dow 12,000). Well, the prospect of a recession is hardly news to my readers. I’ve been warning about a coming recession for months based on the economic data. But Wall Street has been cheerfully chugging along, ignoring the warning signs while they tell investors to “just buy stocks” (because that’s their business). They should’ve known this was going to happen… [⇒ Read More Here]( Recommended Reads: [100% Accurate for Decades]( The world’s most accurate crash indicator is flashing its most critical warning in decades. I call it "The Black Pattern". [And it is the only one that is 100% accurate at predicting a market crash.]( Ever since the 1950s… Whenever this Black Pattern has appeared, stocks have crashed – sometimes by 50% or more. And now… It’s telling us that 2024 could be the worst year you and I have ever seen for the stock market. For full details, [⇒ click inside.]( [Click here to learn more]( America: Sean Ring – The Rabid-Dog Days of Summer Right now, in the first week of August 2024, it’s clear that many issues are primed to blow up in unpredictable outcomes, other than it’ll likely be negative. The so-called “dog days of summer” have turned rabid on us. So, aren’t you glad you have a stash of cash, physical gold and silver, and a reasonably crash-proof stable of assets like energy producers? You DO have that stash, yes? Well, at any rate, here are a few points to consider along these foregoing lines… [⇒ Read More Here]( [Click here to learn more]( Markets: Greg Guenthner – Before You Buy the Dip, Read This... You always know the market is making waves when non-financial types are posting about the carnage on social media – and the panic was certainly palpable Monday morning. In “meltdown” situations, the survivors will be those who can remain calm and focused when everyone else is running around with their hair on fire. While I can’t yet tell you how the averages will look at the end of the week, we can discuss what to expect in a higher volatility environment like the one we’re entering right now – and how you should adjust your trading strategy as stocks sail into rough waters. [⇒ Read More Here]( That’s all for today, we’ll be back tomorrow with what our editors were looking at this week. Email us [here](mailto:feedback@paradigmpressgroup.com) with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, [The Daily FWD] The Daily FWD
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