Economic Collapse News - Wells Fargo Warns Client's Prepare For A Downturn UBS Warns Of Peak S&P 500

Economic collapse news, October 31, 2019.

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First we look at the Feds FOMC statement's and their opposite market responses. The Feds statement the they are prepared to take on heavy inflation before they will raise rates again. I think this was supposed to be a compromise with market participants. Next we see an arm of Wells Fargo is also warning clients to prepare for an economic downturn and points to some very concerning data points. Then there is UBS who is warning that we may have already reached the peak in the S&P 500. They look at length of the expansion as well as the total 350% return and deduce the end of the cycle is here.

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