{"id":20796,"date":"2016-05-29T16:59:05","date_gmt":"2016-05-29T21:59:05","guid":{"rendered":"http:\/\/olduvai.ca\/?p=20796"},"modified":"2016-05-29T16:59:05","modified_gmt":"2016-05-29T21:59:05","slug":"another-stern-stock-market-crash-warning-was-just-issued-by-the-imf","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=20796","title":{"rendered":"Another Stern Stock Market Crash Warning Was Just Issued by the IMF"},"content":{"rendered":"<header class=\"entry-header\">\n<h3 class=\"entry-title\"><a href=\"http:\/\/www.oftwominds.com\/blogmay16\/optimize-measure5-16.html\">Another Stern Stock Market Crash Warning Was Just Issued by the IMF<\/a><\/h3>\n<aside class=\"widget-area\">\n<section id=\"mmpazk_zone_widget-23\" class=\"widget widget_mmpazk_zone_widget\">\n<div id=\"mmpazk_cb3ff415\"><\/div>\n<\/section>\n<\/aside>\n<\/header>\n<div class=\"entry-content\">\n<p>Another stern\u00a0<a href=\"http:\/\/moneymorning.com\/tag\/stock-market-crash\/\" target=\"_blank\">stock market crash<\/a>\u00a0warning was just issued from the International Monetary Fund (IMF), and it&#8217;s fueling fear across global markets.<\/p>\n<p>The IMF, an organization of 189 countries, is worried about the ripple effects should the United Kingdom vote to leave the European Union (EU).<\/p>\n<p>A British vote to exit the EU, or &#8220;<a href=\"http:\/\/moneymorning.com\/tag\/brexit\/\" target=\"_blank\">Brexit<\/a>,&#8221; could have significant and negative effects on the UK economy, the IMF said last Friday. The quickly approaching Brexit voting date is June 23.<\/p>\n<p>Christine Lagarde, the IMF&#8217;s managing director, said nothing positive could come from a Brexit. She cautioned a vote in favor of a Brexit could lead to a technical recession. Bank of England Governor Mark Carney shares a similar sentiment.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-217954\" title=\"Dow Jones Industrial Average\" src=\"http:\/\/moneymorning.com\/wp-content\/blogs.dir\/1\/files\/2016\/05\/arrows-stock-market.jpg?ac855c\" alt=\"Dow Jones Industrial Average\" width=\"300\" height=\"200\" \/>That has many investors worried that tensions overseas could lead to a\u00a0<a href=\"http:\/\/moneymorning.com\/tag\/stock-market-crash\/\" target=\"_blank\">2016 stock market crash<\/a>\u2026<\/p>\n<p>A Brexit vote would cause a &#8220;protracted period of heightened uncertainty&#8221; and &#8220;severe regional and global damage,&#8221; the IMF warned. A spike in interest rates, extreme\u00a0<a href=\"http:\/\/moneymorning.com\/jim-rickards-coming-great-depression\/?src=SEOlinks\" target=\"_blank\">financial market<\/a>\u00a0volatility, and damage to London&#8217;s revered status as a global financial hub are all likely outcomes.<\/p>\n<p>Other concerns include falling stock prices, a plunge in real estate values, surging borrowing costs for businesses and households, and a steep drop-off in foreign investment.<\/p>\n<p>The UK&#8217;s economy could contract by 1% to 9% following a Brexit, according to the IMF&#8217;s research. If the UK chooses to stay in the 28-country bloc next month, the IMF expects the economy to grow about 2% this year and around 2.25% in 2017.<\/p>\n<p>And the issue isn&#8217;t isolated to the United Kingdom. All global economies will be affected, which is what has sparked the\u00a0<a href=\"http:\/\/moneymorning.com\/tag\/stock-market-crash\/\" target=\"_blank\">stock market crash fears<\/a>.<\/p>\n<p>Atlanta U.S.\u00a0<a href=\"http:\/\/moneymorning.com\/tag\/fomc-meeting\/\" target=\"_blank\">Federal Reserve<\/a>\u00a0President Dennis Lockhart said last month that a vote for the UK to leave the EU might have destabilizing consequences for the world economy.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Another Stern Stock Market Crash Warning Was Just Issued by the IMF Another stern\u00a0stock market crash\u00a0warning was just issued from the International Monetary Fund (IMF), and it&#8217;s fueling fear across global markets. The IMF, an organization of 189 countries, is worried about the ripple effects should the United Kingdom vote to leave the European Union [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[56,6177,13931,279,284,418,434,995,13932,2731,820],"class_list":["post-20796","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bank-of-england","tag-christine-lagarde","tag-diane-alter","tag-eu","tag-european-union","tag-imf","tag-international-monetary-fund","tag-mark-carney","tag-money-morning","tag-stock-market-crash","tag-uk"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20796"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20796\/revisions"}],"predecessor-version":[{"id":20797,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20796\/revisions\/20797"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}