CNN tells Americans that the stock market is not going to crash

On Wednesday we witnessed the third largest single day point gain for
the Dow Jones Industrial Average ever. That sounds like great news
until you realize that the two largest were in October 2008 – right in the middle of the last financial crisis. This is a perfect example of what I wrote about yesterday.

Every time the market crashes, there are huge up days, huge down days
and giant waves of market momentum. Even though the Dow was up 619
points on Wednesday, overall we are still down more than 2,000 points
from the peak of the market. During the weeks and months to come, we
are going to see many more wild market swings, but the overall direction
of the market will be down.

Sadly, the mainstream media is still peddling the lie that everything
is going to be just fine. So millions upon and millions of Americans
are just going to sit there while their investments get wiped out. In
the six trading days leading up to Wednesday, Americans lost a
staggering 2.1 trillion dollars as stocks plunged, and the truth is that this nightmare is only just beginning.

Early on Wednesday morning, CNN published an article entitled “Why U.S. stocks aren’t headed for a crash“.
I had to laugh when I saw that headline. If CNN is going to make this
kind of a claim, they better have something very solid to base it on.
But instead, these are the five reasons we were given for why the stock
market is not going to collapse…