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Sales growth for U.S. companies is slowing, which may mean we are headed toward the great stock crash of 2018.
Fortunately, we'll share all the details on how Money Morning readers can protect their portfolios today.
But first, here's why things are looking bleak…
As of Oct. 21, 35% of the 85 reporting S&P 500 companies have missed Wall Street analysts' sales forecasts for Q3, according to FactSet.
Companies are citing factors like cautious customers, rising costs, and a stronger dollar as reasons why sales are slowing, according to The Wall Street Journal.
And slowing U.S. corporate revenue could be the canary in the coal mine for a much, much bigger crisis.
You see, this is just the start of how bad things could get…
The greatest economic crisis in 75 years could change everything.
It will drive millions of seniors to the brink of bankruptcy and dependency. And beyond.
Trillions of dollars in home mortgages, auto loans, and credit cards granted to struggling pensioners will default. The companies behind these loans will stumble and fall.
Corporate revenue and earnings will plunge – first, as seniors stop spending and secondly, as millions of younger consumers and investors read the writing on the wall and run for cover.
Stock prices will implode. The bond market will crash and burn… interest rates will skyrocket… the entire economy will grind to a virtual standstill.
Just like it did back in 1929.
Time Is Almost Up: The greatest economic catastrophe is about to blindside investors – find out everything you need to know to weather this market storm. Click here now…
And believe it or not, that's actually the most optimistic view you're likely to see from any serious analyst at this point.
The news is shocking, to say the least. For the second time in 18 years, the incompetent and corrupt fools who run some of America's largest financial institutions are only a few weeks away from bringing the U.S. economy to its knees.
They have conspired with Washington legislators and regulators to sentence the entire U.S. economy to a crisis of almost biblical proportions.
Once again, they have lit the fuse on a financial disaster that will cost everyday people trillions of dollars.
This time though, it's America's estimated 70,000 pension funds that could be at risk…