Predictions of economic doom

Does this count as another kind of woo? Like claims of bigfoot?



It seems that there are certain people in the business of scaring the bejesus out of certain kinds of people.



Anyway, here's one prediction that the stock market will fall 50% by the end of the year:



Warning: Stocks Will Collapse by 50% in 2014



And check out this nonsense:

Quote:

So with an inevitable crash looming, what are Main Street investors to do? One option is to sell all your stocks and stuff your money under the mattress, and another option is to risk everything and ride out the storm. But according to Sean Hyman, founder of Absolute Profits, there is a third option. “There are specific sectors of the market that are all but guaranteed to perform well during the next few months,” Hyman explains. “Getting out of stocks now could be costly.” How can Hyman be so sure? He has access to a secret Wall Street calendar that has beat the overall market by 250% since 1968. This calendar simply lists 19 investments (based on sectors of the market) and 38 dates to buy and sell them, and by doing so, one could turn $1,000 into as much as $300,000 in a 10-year time frame. Editor's Note: Sean Hyman Reveals His Secret Wall Street Calendar in This Controversial Video, Click Here

I didn't click, but you get the drift. It's an advertisement masquerading as news.

via JREF Forum http://ift.tt/1l5LiT5