Flash Point: New Crash Predictor

The POOG has created a new economic index that may be a leading indicator of financial system crashes and market bubble pops. Called the Dead Banker Index, the reading for January 2014 stands at 3.0. The latest data supporting it comes from Zero Hedge today found in Third Banker, Former Fed Member, “Found Dead” Inside A Week:

As Bloomberg reports, following the deaths of a JPMorgan senior manager (Tuesday) and a Deutsche Bank executive (Sunday), Russell Investments’ Chief Economist (and former Fed economist) Mike Dueker was found dead at the side of a highway in Washington State. Police said the death appeared to be a suicide.

This is the highest reading of the index since the stock market crash of 1929 as far as we can tell, suggesting we are about to experience a major economic crash of global proportions with Deutsche Bank involved in the European phase of the event.

February 2014

This month’s index stands at 3.0.

Powered by WordPress | Designed by: photography charlottesville va | Thanks to ppc software, penny auction and larry goins