As I predicted three weeks ago, stocks have begun their move to new all-time highs.

The reason?

Inflation. Stocks LOVE inflation at first. But that relationship quickly goes sour once inflation results in rising operational costs that eat into profits.

THAT stage is six-nine months from now. Right now, stocks are LOVING the weak $USD and inflationary backdrop.

This is the single biggest trend for 2018: INFLATION. And it could very well burst the Everything Bubble later in 2018.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

As I predicted three weeks ago, stocks have begun their move to new all-time highs.

The reason?

Inflation. Stocks LOVE inflation at first. But that relationship quickly goes sour once inflation results in rising operational costs that eat into profits.

THAT stage is six-nine months from now. Right now, stocks are LOVING the weak $USD and inflationary backdrop.

This is the single biggest trend for 2018: INFLATION. And it could very well burst the Everything Bubble later in 2018.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

As I predicted three weeks ago, stocks have begun their move to new all-time highs.

The reason?

Inflation. Stocks LOVE inflation at first. But that relationship quickly goes sour once inflation results in rising operational costs that eat into profits.

THAT stage is six-nine months from now. Right now, stocks are LOVING the weak $USD and inflationary backdrop.

This is the single biggest trend for 2018: INFLATION. And it could very well burst the Everything Bubble later in 2018.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

As I predicted three weeks ago, stocks have begun their move to new all-time highs.

The reason?

Inflation. Stocks LOVE inflation at first. But that relationship quickly goes sour once inflation results in rising operational costs that eat into profits.

THAT stage is six-nine months from now. Right now, stocks are LOVING the weak $USD and inflationary backdrop.

This is the single biggest trend for 2018: INFLATION. And it could very well burst the Everything Bubble later in 2018.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The ugly reality of inflation has begun to raise its head.

As we have noted previously, inflation is WELL above the Fed’s so-called target of 2%. Indeed, two of the Fed’s own in-house measures of inflation (the NY Fed UIG and Atlanta Fed Sticky Inflation measures) are clocking in at 3.14% and 2.5%, respectively.

That, in of itself, is a REAL problem for the debt-based financial system. Since 2008, the US has added over $9 trillion in public debt along with another $3 trillion in corporate debt, and $1.2 trillion in consumer debt.

ALL OF THIS was based on the assumption that interest rates would stay low.

So much for that. The yield on the 10-Year US Treasury has now spiked to 3%, breaking a 10-year downtrend.

Put simply, for a world that is TOTALLY saturated in debt like the US today, that blue box in the chart below is a MAJOR problem.

Stocks finally woke up to this reality in February. The results haven’t been pretty so far.

This is the single biggest trend for 2018: INFLATION. And it could very well burst the Everything Bubble.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

As we noted yesterday, the summer rally has begun.

Why are we predicting a summer rally?

It’s really quite simple. Globally Central Banks have created a bubble in sovereign debt. Because this debt is the bedrock for the current fiat-based financial system, when they go into a bubble EVERYTHING gets bubbly.

This is why we coined the term “The Everything Bubble” in 2014.

However, if this bubble bursts, the governments that are issuing this debt go broke.

For this reason, Central Banks will do everything in their power to maintain this bubble, even if it means maintaining insane monetary policies during periods in which the global economy isn’t collapsing.

This has unleashed inflation… You can already see it in the bond market where the Inflation/Deflation ratio has broken out of a 10 year deflationary downtrend.

Put another way, a truly TECTONIC shift has occurred. And it’s going to produce some truly INSANE gains if you’re positioned properly.

If you’re not actively taking steps to prepare for what’s coming, you need to start NOW.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

As we noted yesterday, the summer rally has begun.

Why are we predicting a summer rally?

It’s really quite simple. Globally Central Banks have created a bubble in sovereign debt. Because this debt is the bedrock for the current fiat-based financial system, when they go into a bubble EVERYTHING gets bubbly.

This is why we coined the term “The Everything Bubble” in 2014.

However, if this bubble bursts, the governments that are issuing this debt go broke.

For this reason, Central Banks will do everything in their power to maintain this bubble, even if it means maintaining insane monetary policies during periods in which the global economy isn’t collapsing.

This has unleashed inflation… You can already see it in the bond market where the Inflation/Deflation ratio has broken out of a 10 year deflationary downtrend.

Put another way, a truly TECTONIC shift has occurred. And it’s going to produce some truly INSANE gains if you’re positioned properly.

If you’re not actively taking steps to prepare for what’s coming, you need to start NOW.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

As we noted yesterday, the summer rally has begun.

Why are we predicting a summer rally?

It’s really quite simple. Globally Central Banks have created a bubble in sovereign debt. Because this debt is the bedrock for the current fiat-based financial system, when they go into a bubble EVERYTHING gets bubbly.

This is why we coined the term “The Everything Bubble” in 2014.

However, if this bubble bursts, the governments that are issuing this debt go broke.

For this reason, Central Banks will do everything in their power to maintain this bubble, even if it means maintaining insane monetary policies during periods in which the global economy isn’t collapsing.

This has unleashed inflation… You can already see it in the bond market where the Inflation/Deflation ratio has broken out of a 10 year deflationary downtrend.

Put another way, a truly TECTONIC shift has occurred. And it’s going to produce some truly INSANE gains if you’re positioned properly.

If you’re not actively taking steps to prepare for what’s coming, you need to start NOW.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Stocks are up this morning.

The media believes this has something to do with a “relief rally” regarding the fact that conflict in Syria didn’t lead to WWIII over the weekend.

It doesn’t. The markets knew Syria wouldn’t lead to WWIII last week. If we were heading into WWIII why would stocks finish UP over 2% on the week?

In the larger picture, as I’ve been telling clients for the last three weeks, we are moving into a MAJOR “risk on” move for the financial markets.

The  S&P 500 broke above critical resistance (blue line) late last week. We are now set for a massive summer rally that will see stocks go to new all-time highs.

We often talk about Black Swans, but the markets are currently prepping for a WHITE Swan. That Swan is a massive rally into a Blow Off Top that is commencing now.

At that point, we’ll be ready to begin the next Crisis.

If you’re not actively taking steps to prepare for what’s coming, you need to start NOW.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Stocks are up this morning.

The media believes this has something to do with a “relief rally” regarding the fact that conflict in Syria didn’t lead to WWIII over the weekend.

It doesn’t. The markets knew Syria wouldn’t lead to WWIII last week. If we were heading into WWIII why would stocks finish UP over 2% on the week?

In the larger picture, as I’ve been telling clients for the last three weeks, we are moving into a MAJOR “risk on” move for the financial markets.

The  S&P 500 broke above critical resistance (blue line) late last week. We are now set for a massive summer rally that will see stocks go to new all-time highs.

We often talk about Black Swans, but the markets are currently prepping for a WHITE Swan. That Swan is a massive rally into a Blow Off Top that is commencing now.

At that point, we’ll be ready to begin the next Crisis.

If you’re not actively taking steps to prepare for what’s coming, you need to start NOW.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The financial world is finally waking up to the fact that inflation is in fact MUCH higher than previously believed.

As we noted yesterday, the official measure of inflation, the CPI, is now clocking in at 2.4%, well above the Fed’s so-called target of 2%.

This is really, REALLY bad news because the CPI is actually massaged to make inflation look LOWER than it really is.

So if CPI is at 2.4%… where is REAL inflation?

Well, the NY Fed’s “in-house” inflation measures, the UIG suggests it’s actually MUCH higher at 3.14%.

Small wonder then that the $USD is dropping like a brick.

That’s an ASTONISHING 13% drop in the last 14 months.

Let me ask you… if REAL inflation is only 2-3%… why would the US Dollar be dropping like a brick this way?

This is THE Black Swan even of 2018. And the Fed is hopelessly behind the curve on it.

If you’re not actively taking steps to prepare for what’s coming, you need to start NOW.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The financial world is finally waking up to the fact that inflation is in fact MUCH higher than previously believed.

As we noted yesterday, the official measure of inflation, the CPI, is now clocking in at 2.4%, well above the Fed’s so-called target of 2%.

This is really, REALLY bad news because the CPI is actually massaged to make inflation look LOWER than it really is.

So if CPI is at 2.4%… where is REAL inflation?

Well, the NY Fed’s “in-house” inflation measures, the UIG suggests it’s actually MUCH higher at 3.14%.

Small wonder then that the $USD is dropping like a brick.

That’s an ASTONISHING 13% drop in the last 14 months.

Let me ask you… if REAL inflation is only 2-3%… why would the US Dollar be dropping like a brick this way?

This is THE Black Swan even of 2018. And the Fed is hopelessly behind the curve on it.

If you’re not actively taking steps to prepare for what’s coming, you need to start NOW.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The financial world is finally waking up to the fact that inflation is in fact MUCH higher than previously believed.

As we noted yesterday, the official measure of inflation, the CPI, is now clocking in at 2.4%, well above the Fed’s so-called target of 2%.

This is really, REALLY bad news because the CPI is actually massaged to make inflation look LOWER than it really is.

So if CPI is at 2.4%… where is REAL inflation?

Well, the NY Fed’s “in-house” inflation measures, the UIG suggests its actually MUCH higher at 3.14%.

Small wonder then that the $USD is dropping like a brick.

That’s an ASTONISHING 13% drop in the last 14 months.

Let me ask you… if REAL inflation is only 2-3%… why would the US Dollar be dropping like a brick this way?

This is THE Black Swan even of 2018. And the Fed is hopelessly behind the curve on it.

If you’re not actively taking steps to prepare for what’s coming, you need to start NOW.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The Fed is now officially screwed.

The single biggest concern for the Fed is inflation. The reason for this is that US Treasuries are currently in a massive bubble. And those Treasury yields trade based on inflation.

If inflation rises, so do Treasury yields.

If Treasury yields rise, Treasury prices fall.

If Treasury prices fall, the bond bubble begins to burst.

Here’s the bad news… inflation is roaring. The Fed’s official inflation measure, the CPI, is now clocking in at 2.4%. And remember, this is the inflation measure that is meant to UNDERSTATE real inflation.

Elsewhere there are clear signals that inflation is over 3% (the NY Fed’s UIG) or even higher. And bear in mind, this is happening at a time when the Fed is already raising rates 3-4 times per year.

Small wonder then that the $USD is dropping like a brick.

If you’re not actively taking steps to prepare for what’s coming, you need to start NOW.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here:

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research