{"id":390642,"date":"2018-12-27T01:09:30","date_gmt":"2018-12-27T00:09:30","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/i-expect-a-very-rough-2019-that-may-see-us-stocks-tank-20-percent\/"},"modified":"2018-12-27T01:09:30","modified_gmt":"2018-12-27T00:09:30","slug":"i-expect-a-very-rough-2019-that-may-see-us-stocks-tank-20-percent","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/i-expect-a-very-rough-2019-that-may-see-us-stocks-tank-20-percent\/","title":{"rendered":"I expect a \u2018very rough\u2019 2019 that may see US stocks tank 20 percent"},"content":{"rendered":"<div>\n<p>      <!-- START CONTENT --><\/p>\n<p><strong>Abigail Ng<\/strong><br \/><a href=\"https:\/\/www.cnbc.com\/2018\/12\/26\/trump-may-face-impeachment-by-house-democrats-expert-says.html\">CNBC<\/a><br \/>December 26, 2018 <!-- NO_ADS_IN_ARTICLE --><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.prisonplanet.com\/wp-content\/uploads\/2016\/01\/1-13-16-moneyburn-e1452705742297.jpg\" alt=\"null\"\/><\/p>\n<p><strong>U.S. markets, which have already taken a beating this month, could fall as much as 20 percent next year, according to a trading strategist.<\/strong><\/p>\n<p>Speaking with CNBC on Wednesday, Todd Horwitz, chief strategist at investment advisor Bubba Trading, predicted that next year is going to be \u201cvery rough.\u201d\ufeff For 2018, major indexes in America such as the Nasdaq and S&amp;P 500 have so far fallen more than 10 percent.<\/p>\n<p>\u201cI do think we\u2019re going into a recession, I think that next year is going to be a very rough year for markets and I can see another 10 to 15 to 20 percent, and a sell-off,\u201d Horwitz said.<\/p>\n<p><iframe loading=\"lazy\" width=\"560\" height=\"349\" src=\"https:\/\/player.cnbc.com\/p\/gZWlPC\/cnbc_global?playertype=synd&amp;byGuid=7000057002\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"\" webkitallowfullscreen=\"\" mozallowfullscreen=\"\" oallowfullscreen=\"\" msallowfullscreen=\"\"><\/iframe><\/p>\n<p>\u201cI think we\u2019re entering very rough times because of all these things that are going on, because of the weakening economy,\u201d he said.<\/p>\n<p>One of the big problems is debt, Horwitz told CNBC\u2019s Nancy Hungerford: \u201cWe\u2019ve got way too much debt in this country.\u201d<\/p>\n<p>Total corporate debt in America had swelled to nearly $9.1 trillion halfway through 2018, according to Securities Industry and Financial Markets Association data.<\/p>\n<p>Horwitz said U.S. banks are \u201cprobably over-leveraged once again.\u201d<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2018\/12\/26\/us-stocks-may-drop-20-percent-in-2019-says-strategist.html\">Read more.<\/a><\/p>\n<p>      <!-- END CONTENT --><\/p>\n<p style=\"color:#333; font-size:11px;\">This article was posted: Wednesday, December 26, 2018  at  7:36 am<\/p>\n<hr class=\"dotted_line\"\/>\n<hr class=\"dotted_line\"\/><!-- share and follow --><br \/>\n      <!-- end of share and follow --><\/p>\n<div class=\"print_sub\">\n<h3 class=\"sub_titles\">&#13;<br \/>\n        \t<a href=\"https:\/\/www.prisonplanet.com\/strategist-i-expect-a-very-rough-2019-that-may-see-us-stocks-tank-20-percent.html\/print\/\" title=\"Print\" rel=\"nofollow\"><img decoding=\"async\" class=\"WP-PrintIcon\" src=\"https:\/\/www.prisonplanet.com\/wp-content\/plugins\/wp-print\/images\/printer_famfamfam.gif\" alt=\"Print\" title=\"Print\" style=\"border: 0px;\"\/><\/a><br \/>\nPrint this page.<\/h3>\n<\/p><\/div>\n<hr class=\"dotted_line\"\/>\n<hr class=\"dotted_line\"\/>\n<p><!--\n      \n\n<div class=\"nextpage\">\n              <\/div>\n\n \n -->    <\/p>\n<p><!--\n<iframe loading=\"lazy\" width=\"600\" height=\"338\" src=\"http:\/\/www.youtube.com\/embed\/Gm2pZEeYN0E?list=UUvsye7V9psc-APX6wV1twLg\" frameborder=\"0\" allowfullscreen><\/iframe>\n--><\/p><\/div>\n<p><a href=\"https:\/\/www.prisonplanet.com\/strategist-i-expect-a-very-rough-2019-that-may-see-us-stocks-tank-20-percent.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abigail NgCNBCDecember 26, 2018 U.S. markets, which have already taken a beating this month, could fall as much as 20 percent next year, according to a trading strategist. Speaking with CNBC on Wednesday, Todd Horwitz, chief strategist at investment advisor Bubba Trading, predicted that next year is going to be \u201cvery rough.\u201d\ufeff For 2018, major [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-390642","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/390642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=390642"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/390642\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=390642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=390642"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=390642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}