Formerly Beloved Technical Analyst For Wall Street Warns Massive Market Crash Coming

Formerly Beloved Technical Analyst For Wall Street Warns Massive Market Crash Coming

Pick any Roland Emmerich disaster movie and randomly select a scene–that’s more or less what Robert Prechter, a market forecaster who was widely lauded as a technical analyst in the 1980s, says is coming to the Dow, writes the New York Times. [More]

Chinese Dairy Companies Apologize For Melamine Scandal Via Text Message

Chinese Dairy Companies Apologize For Melamine Scandal Via Text Message

Twenty-two dairy companies sent out a text message to millions of Chinese consumers last week to apologize for selling tainted milk products. According to the BBC, it read, “We are deeply sorry for the harm caused to the children and the society. We sincerely apologise for that and we beg your forgiveness.”