The Stock Market Did Something That Hasn’t Happened Since The Dotcom Crash

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Top Tier Gear USA

stock market crash

Economic calamities can be tricky to predict. It’s easy enough to determine that an economy is on an unsustainable course, but trying to tell exactly when a recession or an economic collapse is going to occur, is nearly impossible. Still, there are always warning signs that can tell us when the end is very near.

We may have witnessed one of those warning signs this week, when the stock market passed an eerily familiar milestone. On Thursday, all three stock market indices closed at all-time highs. The S&P 500 closed at 2,185.79, Nasdaq at 5,228.40, and Dow at 18,613.52.

So what’s so significant about that? The last time these indices all reached record highs on the same day, was on December 31st, 1999. Over the course of three months, these indices continued to grow and reach new highs, but by March they had all peaked. What followed was the beginning of the Dotcom crash, and the deflation of one of the biggest bubbles in history.

Of course, there’s no telling if what we’re seeing is another harbinger of economic doom. It could be a coincidence. On the other hand, it does sound ominous. What are the odds of all three stock market indices reaching a record high on the same day? It’s not a common occurrence. It sure sounds like the sort of thing that would happen at the peak of an economic bubble.

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Contributed by Joshua Krause of The Daily Sheeple.

Joshua Krause is a reporter, writer and researcher at The Daily Sheeple. He was born and raised in the Bay Area and is a freelance writer and author. You can follow Joshua’s reports at Facebook or on his personal Twitter. Joshua’s website is Strange Danger .

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  • GrumpyGrandpa

    Do you mean this is what Trump has been talking about? Do you mean he’s telling us something that tens of thousands of government people are unwilling to tell us; i.e., the truth? I thought he was insane, a threat to world peace, an embarrassment and a jerk or ar at least that’s what the MSM has been preaching to us, but we all know that’s just bullshit vomit from a mouth like George Stephanopoulus. WE NEED SOMEONE LIKE TRUMP FOR NO OTHER REASON THAN TELL THE TRUTH!

    • Elizabethjbly2

      <<hp. ★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★::::::!ir348m:….,….

    • Cynical Bastard

      Surely you’re not serious. If you are I feel very sorry for you. Nah… I’m lying. I have no sympathy whatsoever. You sleep in the bed you make.

      You think he got rich by being honest?

      You think he’s (ahem) “running” for president because he’s honest?

      Wake up, man!

      He’s a shill. Even if he isn’t, he’s got an angle of some kind. He’s not investing all this money to get a 400K a year job. He’s a business man and he wants a piece of the pie. Simple as that.

      • Enough is enough

        The one thing that Donald realizes. That no other elite does, is that if what is left of the middle class doesn’t make money and doesn’t spend money that he will stop making money. If the mass has no money the rich will stop making money. It’s hard to believe that the upper 1% does not realize that.

        • Cynical Bastard

          You too need to wake up, my friend.

          They have made their money and are just riding this train to the end of the line. They have to.

          They didn’t get so rich by being stupid. They know what’s happening and are ready for it. Do you seriously believe that each and every one of them have not prepared for it?

          Of course they have. They all have their little well-stocked hidey-holes ready to go. They did this while you folks were arguing back and forth about who’s gonna save the country.

          While you were sleeping, secure in your Iphones and pokemon adventures they have raped the sheeple and secured their own futures.

          But they aren’t the only ones. When they come out on the other side of the chaos things will be on more even footing. Why do you think the big push for gun bans is escalating?

          It certainly isn’t for our “safety.” It’s for theirs… but afterwards. They know what’s coming. Hell, they engineered it.

          You see, they want to come out of the coming collapse heavily armed and well supplied… so as to resume their positions as slavemasters. Who wouldn’t? If I had the resources I would do the same thing.

          Look at Venezuela. Do you think any of the “leaders” of that country are suffering? Of course they aren’t. The same thing is happening here right in front of your eyes and you keep looking to an “elected” leader to solve it for you.

          You’d best wake the fuck up and do it quick.

          • Enough is enough

            Your saying the same bull that most people like you say. Just because your rich doesn’t mean your smart. And what is the slave labor going to do? If no one is a consumer. Two, the only thing rich want is to have more. Most greedy people only think of now there not thinking of five years from now. So my friend instead of saying things you heard someone else say or writing the same crap you read on countless websites. When the dollar falls there stock pill of money will be no more then something to start a fire with. Oh and the push for gun control is only for the gun makers to sell more guns that’s it. If they were going to ban guns they would of already. Here’s a saying we have all heard month after month for years. Record gun sales.

          • Cynical Bastard

            Smart enough to know the difference between the completely different words “your” and “you’re,” Smart enough to know the difference between “there” and “their.” Smart enough to know proper punctuation and sentence structure.

            Smart enough to know the difference between “would of” and “would’ve.”

            Do you realize how uneducated you make yourself look when you try to play with the big boys? Best you take some remedial literacy classes before you address me again, snowflake.

          • Enough is enough

            Now you sound like a child. Thought we were having a discussion not a high school name calling fight. That’s what happens when you just repeat what someone else said or wrote. You can’t come up with your thoughts so you try to put the other person down. You should run for president or some government official.

          • Cynical Bastard

            Then perhaps you should read your comments again. Just saying.

          • Enough is enough

            You comparing Venezuelas economy to the American economy. There not even in the same universe.

          • Jk Kn

            I fully agree with your whole statement. I’m so happy to know that someone else thinks the same.

          • Cynical Bastard

            There are a lot of us out here. Pay no mind to the sheeple.

  • ExecutorOffice

    The award includes $21 million in compensatory damages and $15,000 in punitive damages against the detective. Claims against the city were not tried during the trial of claims against the detective, and remain pending. The plaintiff served over eleven years in prison before his conviction was overturned on the basis that his identification was tainted. Johnson v. Guevara, #05C1042 (N.D. Ill. June 22, 2009).

  • SexualMustard

    What do the zionist jews have cooking now?

    • g.johnon

      sexmus, all Zionists are not jews and all jews are not Zionists. try facing the world from a non-bigoted frame of mind for a while and you may actually learn something.

      • Trevski

        Well said….

      • SexualMustard

        I know all jews are not zionists. I have absolutely no problem with jews. But, I fukin hate zionist jews.

        • g.johnon

          fair enough. how about non jew Zionists?

          • SexualMustard

            I already answered your own question. Did u not read my original reply. Fair enough means you did, yet you still ask a rhetorical question? I don’t understand you reasoning or interpretation of my statement. Can you elaborate what your question refers to if you agree with a two sentence reply, comment that you have taken heed and then re question your own understanding of my reply??????????????

          • g.johnon

            it is a pretty simple and different question, but, perhaps, you misunderstood. so: do you have a problem with non jew Zionists? i.e. do you fukin hate them?

          • SexualMustard

            I reread your question. Yes, I did misunderstood the wording, I stand corrected. To answer your question- no such thing.

          • g.johnon

            here, let me give you a hand with that; any Christian that believes that the temple of Solomon must be rebuilt upon the site of the dome of the rock in order for jesus to return, is a Zionist.
            there, are you up to speed with yourself yet?

          • SexualMustard

            That is only relevant to one’s beliefs. Like I said, no such thing

    • Meltonmark

      Probably developing the next installment of The Holocaust Chronicles.

  • breakawaymotorsports .

    As long as the Treasury keep pumping “liquidity” into the market with the printing press the levels will continue up. Eventually the pile of garbage will be seen for what is truly is and the house of cards will collapse.It may not be today or tomorrow..but it’s going to happen. It’s all part of the “plan”…

  • Adol Hintner

    The Government will just print more money (rearrange the numbers). Since there’s more out there, stock prices will continue to go up. You won’t notice that gold which had always went for 35 Dollars per ounce before the gold standard was lifted is now 1350 per ounce. There will be a day some day when this will no longer work.

    • Cynical Bastard

      And that day ain’t far off, brother.

      As an organic gardener I know you can’t keep pulling shit out of the soil without putting it back. If you do that, then your garden will fail. Them’s the facts.

      Yeah, you can use artificial fertilizers, but it leads to a whole new set of problems. It’s simply not sustainable.

      Healthy soil=healthy plants.

  • Ron Beal

    We do not know what Trump will do- but we know exactly what Clinton will do!!
    The Clinton Laundry, i.e., Foundation will suck money out of the Federal Budget and all departments like no one has ever seen. Look at the Haiti Earthquake fund, administered by the Clintons- total fraud from top to bottom to the tune of almost $100 B ! There is no limit to their greed and cunning- they stole from the Haiti people, a nation they were so concerned with on the TV and interviews. So- what did they do for Haiti? Screwed the entire nation!! Verify with various oversight groups. Read the advertisements first- classy, slick and professionally written for Harvard graduates- not the indigent, backward country of Haiti! They have no shame!

    • g.johnon

      man you are right ron. I just entered “bill and Hillary screwed Haiti” into my search box and came up with a butt load of stuff. how do these liberals manage to keep ignoring the sheer and blatant obviousness of the criminal mindset that hey keep striving so passionately to adore?
      there is something very wrong and rotten on the left. not that the right exactly smells like roses either. but these lefties are totally freaking brain dead.

  • g.johnon

    as a lot of us have been saying all along. the real instigators of all the major social shit going on in this world are the sociopathic multinational banksters. it is definitely time to reset the program and start over without them. and without their fed banking, imf, and retarded tax systems. just chuck em in a wood chipper and lets move on.