"Glenn Beck warned that “something bad is coming our way” as the Dow Jones industrial average
fell more than 1,000 points in early trading Monday morning.
“The toolbox is empty,” Beck said on his radio program. “We had the rescue packages, the credit guarantees, quantitative easing, zero interest rate policy. Right now, we’re almost at zero. We have taken every new program we could. … There’s nothing left for the Federal Reserve to do.”
Beck said he doesn’t believe the “lights-out event” in the stock market will happen today. Rather, he predicted “it will come down and it will go back up a little bit, and then it will go down.”
“It will just keep taking money off of the table, just keep it coming off the table,” he summarized. “Not good.”
Beck said he believes there is “something in our collective conscience … telling people all around the globe, ‘Something bad is coming our way,” and he believes “everybody feels it.” TheBlaze
“The toolbox is empty,” Beck said on his radio program. “We had the rescue packages, the credit guarantees, quantitative easing, zero interest rate policy. Right now, we’re almost at zero. We have taken every new program we could. … There’s nothing left for the Federal Reserve to do.”
Beck said he doesn’t believe the “lights-out event” in the stock market will happen today. Rather, he predicted “it will come down and it will go back up a little bit, and then it will go down.”
“It will just keep taking money off of the table, just keep it coming off the table,” he summarized. “Not good.”
Beck said he believes there is “something in our collective conscience … telling people all around the globe, ‘Something bad is coming our way,” and he believes “everybody feels it.” TheBlaze
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