"Black Shoots" Potential October Crash In the Market

Proprietary Trading May Cause October Crash: Investor


Global stock markets could crash in October, as by then it will be clear that the economic recovery many people pinned their hopes on will not materialize, the stimulus option will no longer be a viable one, and proprietary trading desks will decide to go short, economist and investor Enzio von Pfeil, CEO of EconomicClock.com, told CNBC.