Why Did the Stock Market Crash Today?

Jeff Siegel

Written By Jeff Siegel

Posted August 9, 2024

Why did the stock market crash today?

That was a question I was asked at least 30 times after the Dow plunged more than 1,000 points on Monday.

stock market crash today

Now here we are, four days later, and I think most folks agree it was a combination of things.  Let’s be honest, you would’ve had to been a fool to believe that the market wasn’t ripe for a proper correction.  And make no mistake: more are coming.  This, regardless of whether or not the Fed cuts rates sooner than expected. 

And rest assured, I will continue to have to answer the question: “Why did the stock market crash today?”

But I maintain there’s a much more important question to be asking.  And it has nothing to do with…

Why did the stock market crash today?

Instead, the question should be…

How will our national debt hinder economic growth?

Unless you’ve been living under a rock, you know that the U.S. has officially exceeded $35 trillion in national debt. Even worse, we’re now paying $2 billion per day just on interest payments on that debt.  And neither of the candidates in the two-party duopoly have offered a realistic plan to cut spending and increase revenue. 

This, by the way, is intentional. 

The reality is that in order to get our fiscal house in order, we will be forced to make a lot of sacrifices.  Sacrifices that no voter wants to make, and no politician wants to suggest.  Aside from a few libertarians who, not coincidentally, never make it to the debate stage.  

So here we are, adding about $1 trillion to our national debt every 100 days, without any leadership seeking to even stabilize this thing. 

Of course, at Energy & Capital, we’ve never really relied on the government when it comes to creating and protecting our wealth.  Only a fool would believe that these bumbling bureaucrats have any intention of doing anything but siphoning your wealth.  Whether through excessive taxation, inflation or the ponzi scheme, we all know and loathe: social security

This doesn’t mean we won’t address the national debt at some point.  Eventually, cooler heads will prevail.  But in the meantime, you absolutely have to ensure that at least some of your portfolio is detached from the public markets.  Because make no mistake: when it’s time to inflict the pain necessary to stabilize and reduce the national debt, the public markets will feel the pinch.  Particularly because this will result in a combination of higher taxes, higher interest rates, and massive reductions in government services.  The latter, of course, would be a good thing given how much we pay every year for these government programs.

Still, given how quickly the U.S. national debt has grown over the past 20 years, and how fast it’s going to grow well into the next decade, you would be wise to ensure you have a way to earn steady monthly income even when the markets are crashing.  And this is why I’ve been screaming from the rooftops about private solar royalties.

Private solar royalties are royalty payments you can earn every month from solar power projects that generate steady income for up to 20 years. 

It’s a pretty lucrative wealth creation strategy, and it’s incredibly easy to get started.

It works like this…

Using a special investor portal that I can show you how to access in a moment, you can browse a variety of solar power projects that require funding to complete or operate.  Each project offers a different internal rate of return, so you pick the return you want.  Then, as these projects sell energy, you collect monthly income checks.

It’s literally that easy.

And the best part is that these projects already have power purchase agreements locked in.  This means no matter what happens in the public markets, your monthly royalty payment doesn’t change. 

As the national debt continues to spiral out of control, there’s a lot of uncertainty about how much longer this can continue, and how bad it’s going to be when we finally have to address it.  And I don’t know about you, but I hate uncertainty.  This is why I put together this short report that will give you all the information you need to start earning your own private solar royalty payments within the next 24 hours.

I’m not saying you’re going to get stinking rich from these private solar royalty payments, but indeed, the returns are still solid.

In fact, there’s one private solar royalty deal that’s earning an estimated $953 on every $100 invested. 

So if you put in just $100 a month, your estimated royalties could eventually come to $98,325.

That’s nearly $100,000, all starting with just $100.

That’s not chump change.

And, no matter what happens in the public markets, your private solar royalty payments continue to roll in. Month after month and year after year.  And you’ll never have to ask, “why did the stock market crash today?”

Bottom line: Private solar royalties are the best way to ensure that you continue to create wealth, even if the U.S. economy is melting down. It’s pretty much a no-brainer, and you can start earning your royalty payments today.

To a new way of life and a new generation of wealth…

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Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.

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