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Mysterious layoffs are rocking Wall Street

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According to a new Gallup poll, Americans haven't been this worried about the safety of their money since the Great Recession.
 

Dear Louis,

According to a new Gallup poll, Americans haven't been this worried about the safety of their money since the Great Recession.

More specifically, they haven't been this scared since September 2008 – the month Lehman Brothers collapsed.

And can you blame them? Even Wall Street's spooked.

A string of resignations and liquidations have plagued what were once the most prolific portfolio managers on the street.

Entire teams have been liquidated, with little-to-no fanfare!

One Wall Street headhunter even just said: "It can't get much worse than this."

Here's exactly why.

It has never been more important to understand why this is happening – and what it means for your money in the coming weeks.

Which is why my friend Joel Litman just issued a dire warning.

In June 2008, Joel made financial history when he warned a room full of investors, accountants, bankers, and private money managers that Wall Street was headed for a full-blown crisis.

Lehman Brothers collapsed three months later...

And by October, stocks were officially in freefall.

Now today, Joel says Wall Street is quietly preparing for a new reckoning...

And he's revealing the exact date it will hit U.S. stocks.

Regards,

Marc Chaikin
Founder, Chaikin Analytics

 

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