According to Jack Bogle of the Vanguard Group, there is "a tremendous amount of de-leveraging still to do." If this is true (and there's every reason to believe it is), then in this process of de-leveraging capital will need to be raised. Now, if it can't be extracted via financial tribute masquerading as "health care reform," then where do you suppose this needed capital might come from?

How is it that, relatively common astronomical events coincide with some of the greatest stock market crashes of all time? The series of events starting in July '09 deserve attention no matter the answer. Elliott Wave-related considerations raising the probability of a stock market collapse are the reason why you might want to look to the sky this summer.