Charles Nenner: Next Big War will Involve China – Dow 5,000

by Greg Hunter, USA Watchdog Charles Nenner, renowned financial and geopolitical analyst, says a major top in the stock market has been made, and it’s downhill from here. Nenner explains, “I still think big up moves should be used to sell equities.  We are going slowly to a major sell-off.  I still look for Dow Jones 5,000.  I think the second half of 2016 is going to be a bad situation for stocks, but it’s not going to be the big one.  The big one will start the third quarter of 2017 ending in 2020 or 2021. On interest rates, Nenner says, “According to the numbers the Fed looks at, the Fed should hike two times. On the long term picture, I think we are going to be in trouble.  The rate hikes come in September and December.  June will be too early. . . .  I think the market will turn down before that.  After the summer, the whole second part of the year will not be good.”

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