Billionaires Dumping Their Stocks

The future predictions of the economy are looking more bleak than ever. It is now being reported that billionaires are dumping their stocks.

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. 

Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.

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...George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.

Even more noteworthy is how detrimental this could turn out to be.

It’s very likely that these professional investors are aware of specific research that points toward a massive market correction, as much as 90%. 

One such person publishing this research is Robert Wiedemer, an esteemed economist and author of the New York Times best-selling book Aftershock.