Just like we witnessed earlier this year at the beginning of the pandemic, the corporate media is full of reports that seem to imply that it is a virtual certainty that stock prices are going to go even lower. Of course it would make perfect sense for stock prices to go down because they are incredibly overvalued right now, but normally the mainstream media does not try to tell us where stock prices are going next. And the fact that so many news outlets are repeating the same mantra right now is particularly troublesome.
Without a doubt, the momentum of stock prices is taking us in a downward direction at the moment. All of the major stock indexes have posted declines for three weeks in a row, and it looks like this week could make it four.
As I write this article, the Dow Jones Industrial Average is down 4.5 percent for the month, the S&P 500 is down over 6 percent, and the Nasdaq has fallen about 8.5 percent. Overall, the market is on pace for the worst September in 18 years, but the corporate-controlled media seems convinced that things are going to get even worse. For example, the following comes from a CNBC article entitled "Stock sell-off accelerates and is expected to get worse before it gets better"…