Is This Eastern U.S. City Headed Toward Default?
Plus, look how much unfunded state and local pension liabilities have skyrocketed
by Bob Stokes
Updated: September 29, 2017
Many U.S. municipalities face a large and looming financial crisis. With the stock market's string of record highs getting most of the headlines, this next likely crisis will seem to arrive out of nowhere. Remember how the 2007-2009 financial crisis caught most everyone flat-footed? Find out what EWI analysts expect.
Heed the epic lesson of 2007-2009: The next economic crisis WILL catch most of your fellow investors off-guard.
Can you recall a single major Wall Street voice warning you to protect your portfolio BEFORE 2007 to 2009, when the biggest economic earthquake since the Great Depression shook the globe?
However -- less than one month before the October 2007 stock market top -- the September 2007 Ellliott Wave Theorist warned:
Investors should stay in the safest cash equivalents. There is a high probability that a financial crisis will expose weaknesses in overly leveraged banks.
THAT is how EWI helped subscribers prepare for the financial calamity that followed.
Discover what EWI's analysts are saying now by reviewing our Financial Forecast Service, risk-free for 30 days. For a limited time, you'll also receive the Investor Starter Pack ($247 value, FREE).
Your Financial Forecast Service Team Helps Put YOU in Control of the Market’s Trends and Turns
Your Financial Forecast Service guides -- three of the best-known market analysts in the world:
- 1. Robert Prechter, Author of 16 market-related books, New York Times Best-Selling Author and Editor of Elliott Wave Theorist
- 2. Steven Hochberg, Editor of the Short Term Update and Co-editor of The Elliott Wave Financial Forecast
- 3. Peter Kendall, Author of The Mania Chronicles and Co-editor of The Elliott Wave Financial Forecast
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To welcome you to the world of Elliott waves, we've created a valuable bundle. It gives you the Financial Forecast Service plus $247 worth of essential starter resources at no additional cost. These essential resources are those that other investors have found most useful in quickly acclimating to the current market environment.
We call it the Investor Starter Pack.
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