{"id":569230,"date":"2010-05-18T14:15:00","date_gmt":"2010-05-18T18:15:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/global-macros-raoul-pal-heres-why-a-crash-is-coming-in-two-days-to-two-weeks-2010-5"},"modified":"2010-05-18T14:15:00","modified_gmt":"2010-05-18T18:15:00","slug":"global-macros-raoul-pal-heres-why-a-crash-is-coming-in-two-days-to-two-weeks","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/569230","title":{"rendered":"Global Macro&#8217;s Raoul Pal: Here&#8217;s Why A Crash Is Coming In Two Days-To-Two Weeks"},"content":{"rendered":"<p>We don&#8217;t mean for it to be doom and gloom day, but <a href=\"http:\/\/www.businessinsider.com\/dow-theorist-richard-russell-sell-everything-liquid-you-wont-recognize-america-by-the-end-of-the-year-2010-5\">Richard Russell<\/a> isn&#8217;t the only big name pundit to be calling for a fall.<\/p>\n<p>Raoul Pal, who writes <a href=\"http:\/\/www.globalmacroinvestor.com\">Global Macro Investor<\/a> newsletter, and whose bio cites stints at GLD and Goldman Sachs, is out with a very specific crash call. In his latest note he calls for a big move down in just two days to two weeks.<\/p>\n<p>That&#8217;s refreshingly specific!<\/p>\n<p>So what&#8217;s the reason?<\/p>\n<p>It&#8217;s all about what he sees as an archetypal crash pattern &#8212; a sharp decline followed by a failed rally followed by a collapse.<\/p>\n<p>It looks like this:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2d7d07f8b9ad0440e0200\/crash.png\" border=\"0\" alt=\"crash\" \/><\/p>\n<p>That&#8217;s an unspecific chart, but here&#8217;s a more specific one, based on the current post-flash crash market.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2d8077f8b9ada41de0400\/crash.png\" border=\"0\" alt=\"crash\" \/><\/p>\n<p>And now, here&#8217;s the kicker. It&#8217;s the current market vs. 1929, which is what prompts him to see a crash as imminent.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2d83f7f8b9ad9442d0100\/crash.png\" border=\"0\" alt=\"crash\" \/><\/p>\n<p>And finally, here&#8217;s the flash crash vs. 1987<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bf2d8867f8b9a88445e0100\/crash.png\" border=\"0\" alt=\"crash\" \/><\/p>\n<p>Get the picture?<\/p>\n<p><strong>Now don&#8217;t miss: <a href=\"http:\/\/www.businessinsider.com\/25-banks-default-2010-5#25-assured-guaranty-corp-1\">The 25 financial companies most likely to default &gt;<\/a><\/strong><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/global-macros-raoul-pal-heres-why-a-crash-is-coming-in-two-days-to-two-weeks-2010-5#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/uIhowz080to\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We don&#8217;t mean for it to be doom and gloom day, but Richard Russell isn&#8217;t the only big name pundit to be calling for a fall. Raoul Pal, who writes Global Macro Investor newsletter, and whose bio cites stints at GLD and Goldman Sachs, is out with a very specific crash call. In his latest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-569230","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/569230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=569230"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/569230\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=569230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=569230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=569230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}