Unless you’re hiding under a rock, the last few days have been bad for the stock market. Monday, the Dow Jones ended just inside of 600 points down at closing with no promise of better days ahead. Of course, we may see slight adjustments upward, but most believe the market will continue an incremental decline for the foreseeable future.
Many of us have seen this coming to a point because as the economy hasn’t recovered in the way we all wanted it to, Wall Street has been playing with phoney money and hitting all-time highs for the last couple of years and it was only a matter of time before it corrected itself.
It’s not just the U.S. market that is in pain. As Fox Business pointed out earlier yesterday, the entire world is getting hit.
“China’s Shanghai Composite Index plummeted more than 9% during the session Monday, and closed down 8.5% pushing equity markets in Asia to give up their 2015 gains. Hong Kong’s Hang Seng tumbled 5.17%, while Japan’s Nikkei dropped 4.61%.”
That’s ugly.
Glenn Beck is not one to hold back with his thoughts on such scenarios. He unloaded on his program, telling listeners to get prepared. Beck is convinced that “something bad is coming our way” and encourages his listeners to have cash on hand and stock up on food.
Watch the segment below.
What do you think of Beck’s dire warning. Even if things change today, what will the future hold? Will you be withdrawing your money as instructed? Share your thoughts below in the comment section.
H/T: The Blaze, Fox Business
