OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Great Reset: Britons Face £300 Fine For Burning Wood to Keep Warm
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 12:06 pm by PurpleSkyz

» Moderna Booster Vaccine Singled Out for Chronic Hives + More
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 11:55 am by PurpleSkyz

» Momo Zhou dead at 31: History-making darts star passes away suddenly as tributes pour in
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 11:50 am by PurpleSkyz

» The Pfizer Exec Who Confessed to Project Veritas Now Tells Me the Whole Truth by Jon Rappoport
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 11:48 am by PurpleSkyz

» WWE Legend Dies Suddenly Before SmackDown
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 11:45 am by PurpleSkyz

» Autopsy Analysis Finds ‘Global Myocardial Injury' After 2nd Pfizer Covid Shot
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 11:41 am by PurpleSkyz

» Mislabeling Vaccination Deaths for 50 Years
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 11:32 am by PurpleSkyz

» “Listen, they are not predicting food shortages, they’re planning them!!”…
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 11:25 am by PurpleSkyz

» Hunter Biden Admits Infamous Laptop Belongs To Him, Calls For Criminal Probe Into Attempts To 'Weaponize' Contents LMFAO!!!!
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 11:07 am by PurpleSkyz

» 'The Scandal Would Be Enormous': Pfizer Director Worried About Vax-Induced Menstrual Irregularities
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 10:51 am by PurpleSkyz

» About that Giant Chinese Spy Balloon
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyToday at 10:46 am by PurpleSkyz

» New Spin on the Reason for the Tyre Nichols Beating Death
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 11:47 am by PurpleSkyz

» The Algae That Might Save Earth’s Coral Reefs
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 11:40 am by PurpleSkyz

» Drug Safety Expert Calls For Immediate Suspension of COVID Shots: Causing ‘Deaths of Young People and Children
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 11:35 am by PurpleSkyz

» Former UA Swimming Standout Ty Wells Dies at 23
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 11:17 am by PurpleSkyz

» Junior Varsity Basketball Player Suffers Seizure and Cardiac Arrest During Game
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 11:11 am by PurpleSkyz

» ‘Synchronicity’, Is The Universe Trying To Tell You Something?
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 11:07 am by PurpleSkyz

» Washington D.C. Court Dismisses Jan. 6 Civil Charges Against Roger Stone
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 11:01 am by PurpleSkyz

»  #COVID19 origin: “Most read propaganda paper ever”
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 10:54 am by PurpleSkyz

» University in shock as Thesis written by ChatGPT was Approved. AI-powered bot did 2 years work in 23 hours
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 10:51 am by PurpleSkyz

» Elon Musk Apparently Thinks Twitter Is a "Flaming Dumpster Rolling Down the Street"
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 10:47 am by PurpleSkyz

» Groundhog Day is an astronomy holiday
Nomura's Janjuah: Global Markets Set for Steep Plunge  EmptyYesterday at 10:40 am by PurpleSkyz

You are not connected. Please login or register

Nomura's Janjuah: Global Markets Set for Steep Plunge

Go down  Message [Page 1 of 1]

ymoilman2



Nomura's Janjuah: Global Markets Set for Steep Plunge

Wednesday, 06 Nov 2013 12:22 PM
By Michelle Smith

Prepare for global stock markets to peak and witness declines up to 50 percent, warns Bob Janjuah, strategist at Nomura.

Janjuah views the end of the current quarter to the end of the first quarter of 2014 as "the risk-on top."

Starting in the second quarter of 2014, markets are set to sell off 25 to 50 percent, he predicts.

Editor’s Note: 5 Phases of a ‘Retirement Heist’ Exposed (See Video)

"While my target for this high in the S&P over the next five months remains anchored around 1,800, an 'extreme' upside target could see the S&P trade up to 1,850," he writes in a note, ZeroHedge.com reports.

"I am looking — as a proxy guide — for the VIX [CBOE Volatility] index to trade down at 10 between now and the end [of the first quarter of 2014] before I would recommend large-scale positioning for a major risk reversal over the last three quarters of 2014 and over 2015," he adds.

But, he warns that an "interim sell-off" could be in the works in upcoming weeks. With the markets having already priced in optimism about growth, risk-off sentiment could creep in and take the S&P 500 from 1,775 to as low the as 1,600-1,650 range by the end of the month, Janjuah cautions, according to ZeroHedge.

Such a call is nothing new for Janjuah. In February, he wrote a note to clients issuing similar warnings of major plunge, Business Insider reports.

At that time, Janjuah did not believe there was "sufficient leverage in risk-on positioning, . . . to set up the conditions necessary for a major sell-off." Getting there would likely require another couple rounds of "buying the dip," according to Business Insider.

"A weekly close at a new all-time high would I think lead to the final parabolic spike up which creates the kind of positioning extreme and leverage extreme needed to create the conditions for a 25 percent to 50 percent collapse in equities over the rest of 2013 and 2014, driven by real economy reality hitting home, and by policymaker failure/loss of faith in 'their system," he maintained.

Janjuah's predictions, then and now, are based primarily on unwavering concerns about wasteful government largesse, "dangerously" loose monetary policy and excessive debt and market speculation.

The only solution policymakers in the United States and the United Kingdom have put forth for massive financial market and economic failures is more of the same of what caused the original problems, he argues. And that is "namely debt-driven consumption, debt-driven asset price speculation, and the expansion of the 'ponzi' that best describes our modern day economic 'model'," Janjuah explains in his recent note.

"The next five years HAS to be about a rebalancing towards the 'real economy' and the bottom 90 percent, at the expense of the top 10 percent," he adds.

Janjuah forewarned clients, "This shift in policy emphasis will not be a happy time for financial markets and speculators while the transition happens, but in the
Editor’s Note: 5 Phases of a ‘Retirement Heist’ Exposed (See Video)very long term will be seen as a major positive event."


Related Stories:
• Forbes' Tobey: Shed the Stock Market Gloom and Enjoy the Bull Ride
• MarketWatch's Spano: Small Investors Will Take a 'Shellacking'
© 2013 Moneynews. All rights reserved.

Read Latest Breaking News from Newsmax.com http://www.moneynews.com/InvestingAnalysis/Janjuah-stock-market-sell-off/2013/11/06/id/535153?ns_mail_uid=37880473&ns_mail_job=1545091_11072013&promo_code=1583D-1#ixzz2jz1H9RRl
Urgent: Should Obamacare Be Repealed? Vote Here Now!

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum