The stock market is on pace for its worst December since the Great Depression
“Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 are down 7.8 percent and 7.6 percent this month, respectively.
USAGOLD note: Gold, by contrast, is up 2.2% in the first eighteen days of December. Both gold and the Dow Jones are down about 4% for 2018.
Jeffrey Gundlach: ‘I’m pretty sure this is a bear market’/CNBC/Michael Sheetz/12-17-2018
Ron Paul: May be ‘worse than 1929’/CNBC/Stephanie Landsman/12-16-2018