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| Leonardo DiCaprio accuses the world’s energy industry of greed |
There’s a gloomy feeling in the air as world leaders and business chiefs gather at the World Economic Forum in Davos
- Roubini: Crash won’t be as bad as last time
- Union: We’re worried it could be a catastrophe
- BT chief fears contagion from financial markets
- Italian bank troubles
World Enters Bear Market - Global Equity "Dead Cat Bubble" Bursts
Submitted by Tyler Durden on 01/20/2016 - 10:39
History repeats, if you're just willing to listen. The "Dead-Cat-Bubble" is dead as global stocks enter a bear market (down 20% from May 2015 highs) and US equities catch down to the rest of the world.
U.S. stocks traded sharply lower Wednesday as further decline in oil prices pressured global equities. The Dow Jones industrial average held about 400 points lower in late-morning trade with IBM contributing the most to declines. The Nasdaq composite underperformed, briefly trading more than 3 percent lower. The S&P 500 fell more than 2.5 percent to trade around 1,825, near its lowest since October 2014. ( Tweet This ) http://www.cnbc.com/2016/01/20/us-markets.html
Nobel laureate in economics Robert Shiller : US financial bubble ready to burst - http://on.rt.com/6r9b 
Biggest Stock Market Crash in History Coming-Are You Prepared? — Experts are Encouraging Americans to Stock up on Food, Guns and Precious Metals.