from King World News
Today KWN is publishing another important piece that was written by a 60-year market veteran. At nearly 90 years old, the Godfather of newsletter writers, Richard Russell, warns that we will see blood in the streets as Americans revolt because of skyrocketing food prices. Russell also discusses the missing U.S. gold hoard and more.
Russell: “Headline in today’s WSJ: “Lackluster Earnings Leave Stocks on Thin Ice.” The article continues — “Investors had expected results to improve in the second quarter. Analysts are forecasting a 6% profit gain. Yet of companies offering guidance, 72% have warned that second quarter results could fall short of Wall Street’s expectations, which isn’t great but is better than the 80% level of the past three quarters.”
Continue Reading at KingWorldNews.com…
Read more about Richard Russell – I’m Afraid We’ll See Blood Spilled In America
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