What Are the Downside Targets For the Correction?

Posted on July 7, 2020 by The Phoenix

Stocks are down this morning.

We are due for a retrenchment. Stocks have just staged a breakout to the upside from a triangle formation (blue lines in the chart below). This breakout has brought stocks right into overhead resistance (red line in the chart below). So it’s not strange to see stocks drop here.

It is perfectly normal to see stocks drop to retest the breakout. The question is how far do they drop… and is this a buying opportunity or not?

Regarding the first half of that question, I’ve drawn the major lines of support in the chart below (green lines). As I write this Tuesday morning, stock futures are already testing the top green line at 3,148.

The larger concern is that the upwards breakout didn’t see stocks hit new highs. This opens the door to this being a false breakout. And false breakouts typically lead to sharp violent moves in the opposite direction.

If this proves to be the case, we could easily see stocks drop to test 2,950 or even 2,880 on the S&P 500. That would mean an 8%-10% for the S&P 500 (red lines in the chart below).

However, the drop would likely feel MUCH worse for many stocks. Take a look at high flying momentum stock Shopify (SHOP) to see what I mean. It’s already down 4% in a single day and the next lines of support are either a 12% drop or a 20% drop.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on What Are the Downside Targets For the Correction?

The Next Leg Down Starts Now… Are You Ready?

Posted on July 7, 2020 by The Phoenix

Stocks are down this morning.

We are due for a retrenchment. Stocks have just staged a breakout to the upside from a triangle formation (blue lines in the chart below). This breakout has brought stocks right into overhead resistance (red line in the chart below). So it’s not strange to see stocks drop here.

It is perfectly normal to see stocks drop to retest the breakout. The question is how far do they drop… and is this a buying opportunity or not?

Regarding the first half of that question, I’ve drawn the major lines of support in the chart below (green lines). As I write this Tuesday morning, stock futures are already testing the top green line at 3,148.

The larger concern is that the upwards breakout didn’t see stocks hit new highs. This opens the door to this being a false breakout. And false breakouts typically lead to sharp violent moves in the opposite direction.

If this proves to be the case, we could easily see stocks drop to test 2,950 or even 2,880 on the S&P 500. That would mean an 8%-10% for the S&P 500 (red lines in the chart below).

However, the drop would likely feel MUCH worse for many stocks. Take a look at high flying momentum stock Shopify (SHOP) to see what I mean. It’s already down 4% in a single day and the next lines of support are either a 12% drop or a 20% drop.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on The Next Leg Down Starts Now… Are You Ready?

“Minnie Mouse” Wants a Wealth Tax!?!

Posted on July 6, 2020 by The Phoenix

The elites are now recruiting celebrity figureheads to push the narrative that a wealth tax would be a wonderful thing.

The latest celebrity to sign on to this is Abigail Disney, the granddaughter of Ron. O Disney, who created the beloved theme park and cartoon characters along with her great Uncle Walt Disney.

In a recent interview with Bloomberg, Abigail Disney stated:

Republicans consistently and Democrats less consistently have pushed the idea that government is bad… and that money is always best in the hands of private individuals… on an abstract level all of that is well and good but we starve state governments and city governments…

We need a wealth tax. I frankly believe Elizabeth Warren is completely right about that. I think it is very easy to talk about a 1% or a 2% wealth tax that would generate so much value in the economy.

Source: Bloomberg.

This is how these kinds of ideas are always introduced to the general public. It’s always about performing a 1% or 2% wealth tax at first… solely by taxing the super wealthy.

After all, who could be against that?

Newsflash: A 2% wealth tax on the top 1% of the US would generate $500 billion in tax revenues at most (assuming the army of lawyers the super wealthy employ can’t find loopholes to avoid paying this).

$500 billion. Now that sounds like a ton of money until you realize just how much money the political elite are already spending.

The US is on track to run a $4 trillion deficit this year. $500 billion in extra tax revenues would plug the deficit for three months at best.

Of course, this year is an exception in that the US is running this massive deficit because of the enormous stimulus programs it implemented to counteract the economic damage from the COVID-19 shutdown.

So let’s use a different year.

Looking over the last 10 years, the SMALLEST deficit the US has run was $441 billion. So, a 2% wealth tax  on the top 1% of Americans’ wealth would cover the US deficit for a year.

One year. Nothing more. And that 2% in wealth tax is gone.

Bear in mind, this is just the deficit we’re talking about. The US has over $26 trillion in public debt. In this context, $500 billion in extra tax revenues is a joke.

And that’s the point. Ms. Disney and others like her are pushing this idea because the only way the public would go for it, is if it’s about targeting the super-rich.

The reality is that elites want to tax EVERYONE.

The IMF, which Ms. Disney has quoted in a letter concerning wealth inequality, wants a 10% wealth tax on NET WEALTH for everyone.

Yes, not a 1% tax, not a 2% tax, but a 10% tax.

And not on billionaires or multi-millionaires, but EVERYONE.

So, if you have more assets than debt on your personal balance sheet, the IMF wants you to pay 10% of that difference.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites are introducing this ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on “Minnie Mouse” Wants a Wealth Tax!?!

How the Elites Will Sell Us on Implementing a Wealth Tax in the US

Posted on July 6, 2020 by The Phoenix

The elites are now recruiting celebrity figureheads to push the narrative that a wealth tax would be a wonderful thing.

The latest celebrity to sign on to this is Abigail Disney, the granddaughter of Ron. O Disney, who created the beloved theme park and cartoon characters along with her great Uncle Walt Disney.

In a recent interview with Bloomberg, Abigail Disney stated:

Republicans consistently and Democrats less consistently have pushed the idea that government is bad… and that money is always best in the hands of private individuals… on an abstract level all of that is well and good but we starve state governments and city governments…

We need a wealth tax. I frankly believe Elizabeth Warren is completely right about that. I think it is very easy to talk about a 1% or a 2% wealth tax that would generate so much value in the economy.

Source: Bloomberg.

This is how these kinds of ideas are always introduced to the general public. It’s always about performing a 1% or 2% wealth tax at first… solely by taxing the super wealthy.

After all, who could be against that?

Newsflash: A 2% wealth tax on the top 1% of the US would generate $500 billion in tax revenues at most (assuming the army of lawyers the super wealthy employ can’t find loopholes to avoid paying this).

$500 billion. Now that sounds like a ton of money until you realize just how much money the political elite are already spending.

The US is on track to run a $4 trillion deficit this year. $500 billion in extra tax revenues would plug the deficit for three months at best.

Of course, this year is an exception in that the US is running this massive deficit because of the enormous stimulus programs it implemented to counteract the economic damage from the COVID-19 shutdown.

So let’s use a different year.

Looking over the last 10 years, the SMALLEST deficit the US has run was $441 billion. So, a 2% wealth tax  on the top 1% of Americans’ wealth would cover the US deficit for a year.

One year. Nothing more. And that 2% in wealth tax is gone.

Bear in mind, this is just the deficit we’re talking about. The US has over $26 trillion in public debt. In this context, $500 billion in extra tax revenues is a joke.

And that’s the point. Ms. Disney and others like her are pushing this idea because the only way the public would go for it, is if it’s about targeting the super-rich.

The reality is that elites want to tax EVERYONE.

The IMF, which Ms. Disney has quoted in a letter concerning wealth inequality, wants a 10% wealth tax on NET WEALTH for everyone.

Yes, not a 1% tax, not a 2% tax, but a 10% tax.

And not on billionaires or multi-millionaires, but EVERYONE.

So, if you have more assets than debt on your personal balance sheet, the IMF wants you to pay 10% of that difference.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites are introducing this ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on How the Elites Will Sell Us on Implementing a Wealth Tax in the US

Why the IMF Wants to Tax 10% of NET WEALTH For Everyone

Posted on July 2, 2020 by The Phoenix

Whether or not you know it, wealth taxes are coming to the US.

The media is largely silent on this topic, but the moves are already being made on a state level.

New York is one of the wealthiest, most progressive states in the US. As such, what happens there is often a blueprint for what the Elites want to implement nationwide. We saw this recently with police reform bills.

With that in mind, consider that New York’s state government is considering the following options:

1)    A billionaire’s tax.

2)    A multi-millionaire’s tax.

3)    A tax on stock buybacks.

4)    A tax on luxury second and third homes.

As is usually the case, the elites are targeting a particular sliver or society (in this case the “super wealthy”) in order to introduce legislation that would never be accepted otherwise.

After all, if policy makers were to openly call for a 10% tax on NET WEALTH for EVERYONE, no one would go along with it.

But that’s precisely what they want to do. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Related

Posted in Central Bank Insanity | Comments Off on Why the IMF Wants to Tax 10% of NET WEALTH For Everyone

NY Provides the Blueprint For How the Elite Will Introduce Wealth Taxes and Cash Grabs to the US

Posted on July 2, 2020 by The Phoenix

Whether or not you know it, wealth taxes are coming to the US.

The media is largely silent on this topic, but the moves are already being made on a state level.

New York is one of the wealthiest, most progressive states in the US. As such, what happens there is often a blueprint for what the Elites want to implement nationwide. We saw this recently with police reform bills.

With that in mind, consider that New York’s state government is considering the following options:

1)    A billionaire’s tax.

2)    A multi-millionaire’s tax.

3)    A tax on stock buybacks.

4)    A tax on luxury second and third homes.

As is usually the case, the elites are targeting a particular sliver or society (in this case the “super wealthy”) in order to introduce legislation that would never be accepted otherwise.

After all, if policy makers were to openly call for a 10% tax on NET WEALTH for EVERYONE, no one would go along with it.

But that’s precisely what they want to do. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on NY Provides the Blueprint For How the Elite Will Introduce Wealth Taxes and Cash Grabs to the US

Warning: The IMF Wants a 10% Tax on NET WEALTH As Soon As Possible

Posted on June 29, 2020 by The Phoenix

Lost amidst all the talk of a second wave of Covid-19, more economic shutdowns, and even greater stimulus is one simple but incredibly important question…

Just who is going to pay for all of this?!?!

The US was already ~$23 trillion in debt BEFORE the economy was shut down. That put our Debt to GDP ratio at 105%. And we’ve since added $3 trillion more bringing our total debt load to over $26 trillion.

Now the government is talking about introducing another even larger $2.5 trillion stimulus program. If this passes, we could easily add $6 trillion in national debt this year.

This will work temporarily, as the bond market is showing tremendous demand for US debt based on safe haven buying and fears of continued economic weakness.

However, at some point, the elites who run this country will begin looking for new sources of capital to finance their schemes. If history has shown us anything, it’s that once the government seizes power, it rarely gives it back.

So, you can expect wealth taxes, cash grabs and worse in the coming months and years. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 29 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Warning: The IMF Wants a 10% Tax on NET WEALTH As Soon As Possible

The Dark Truth About How the Elites Plan to Fund the Debt and Deficits

Posted on June 29, 2020 by The Phoenix

Lost amidst all the talk of a second wave of Covid-19, more economic shutdowns, and even greater stimulus is one simple but incredibly important question…

Just who is going to pay for all of this?!?!

The US was already ~$23 trillion in debt BEFORE the economy was shut down. That put our Debt to GDP ratio at 105%. And we’ve since added $3 trillion more bringing our total debt load to over $26 trillion.

Now the government is talking about introducing another even larger $2.5 trillion stimulus program. If this passes, we could easily add $6 trillion in national debt this year.

This will work temporarily, as the bond market is showing tremendous demand for US debt based on safe haven buying and fears of continued economic weakness.

However, at some point, the elites who run this country will begin looking for new sources of capital to finance their schemes. If history has shown us anything, it’s that once the government seizes power, it rarely gives it back.

So, you can expect wealth taxes, cash grabs and worse in the coming months and years. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 29 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on The Dark Truth About How the Elites Plan to Fund the Debt and Deficits

The #1 Question I am Receiving From Readers

Posted on June 26, 2020 by The Phoenix

Could the markets crash again?

This is the #1 question I’m receiving from subscribers. When I ask them why they’re concerned, the #1 explanation is that the economy is in a recession/depression and yet stocks are close to or have already hit new all-time highs.

Let’s dissect this way of thinking…

First and foremost, we need to dispel the myth that the stock market and the economy are closely related.

As Puru Saxena has noted, between 1972 and 1982, the US economy nearly tripled in size from $1.2 trillion to $3.2 trillion. And yet, throughout that entire period the stock market traded sideways for ZERO GAINS!

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

In contrast, from 1982 to 2000, the US economy again nearly tripled in size from $3.2 trillion to $10 trillion. But during this particular time, the stock market exploded higher rising nearly 1,500%!

So, we have two time periods in which the economy nearly tripled in size. During one of them, the stock market went nowhere, while during the other, the stock market rose nearly 1,500%.

Again, stocks have little if any correlation to the economy. There are times when stocks will care a lot about the economy, but those time periods are usually short and due to an unexpected surprise (like the surprise of the economy being shut down to deal with the COVID-19 pandemic).

So, what do stocks care about?

Liquidity.

Historically, whenever central banks start printing money at a rapid clip, stocks do well. A great example of this is the time period from 2008 to 2016 when the economy was weak at best and flatlining at worst. But because the Fed printed over $3.5 trillion during this time period, socks soared, rising over 100%.

Which brings us to today… stocks are rallying hard yet again, despite the economy being extremely weak.

The reason for this is because of the TSUNAMI of liquidity policymakers are throwing at the financial system.

Central Banks alone have printed over $5 trillion in the last three months. Much of this money has found its way into the stock market. 

On top of this, G-10 governments have implemented fiscal stimulus programs ranging from 5% (Norway) to over 35% of (Germany and Italy) of their historic revenue and spending budgets!

Put another way, trillions upon trillions of dollar/s yen/ euros/ pounds have been printed and funneled into the financial system. This is sending stocks through the roof. And unless we get another nasty economic shock to the downside, this trend will likely continue.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on The #1 Question I am Receiving From Readers

Warning: Stocks Do NOT Care About the Economy

Posted on June 26, 2020 by The Phoenix

Could the markets crash again?

This is the #1 question I’m receiving from subscribers. When I ask them why they’re concerned, the #1 explanation is that the economy is in a recession/depression and yet stocks are close to or have already hit new all-time highs.

Let’s dissect this way of thinking…

First and foremost, we need to dispel the myth that the stock market and the economy are closely related.

As Puru Saxena has noted, between 1972 and 1982, the US economy nearly tripled in size from $1.2 trillion to $3.2 trillion. And yet, throughout that entire period the stock market traded sideways for ZERO GAINS!

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

In contrast, from 1982 to 2000, the US economy again nearly tripled in size from $3.2 trillion to $10 trillion. But during this particular time, the stock market exploded higher rising nearly 1,500%!

So, we have two time periods in which the economy nearly tripled in size. During one of them, the stock market went nowhere, while during the other, the stock market rose nearly 1,500%.

Again, stocks have little if any correlation to the economy. There are times when stocks will care a lot about the economy, but those time periods are usually short and due to an unexpected surprise (like the surprise of the economy being shut down to deal with the COVID-19 pandemic).

So, what do stocks care about?

Liquidity.

Historically, whenever central banks start printing money at a rapid clip, stocks do well. A great example of this is the time period from 2008 to 2016 when the economy was weak at best and flatlining at worst. But because the Fed printed over $3.5 trillion during this time period, socks soared, rising over 100%.

Which brings us to today… stocks are rallying hard yet again, despite the economy being extremely weak.

The reason for this is because of the TSUNAMI of liquidity policymakers are throwing at the financial system.

Central Banks alone have printed over $5 trillion in the last three months. Much of this money has found its way into the stock market. 

On top of this, G-10 governments have implemented fiscal stimulus programs ranging from 5% (Norway) to over 35% of (Germany and Italy) of their historic revenue and spending budgets!

Put another way, trillions upon trillions of dollar/s yen/ euros/ pounds have been printed and funneled into the financial system. This is sending stocks through the roof. And unless we get another nasty economic shock to the downside, this trend will likely continue.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Warning: Stocks Do NOT Care About the Economy

Worried About Whether the Markets Will Crash Again? Read On!

Posted on June 26, 2020 by The Phoenix

Could the markets crash again?

This is the #1 question I’m receiving from subscribers. When I ask them why they’re concerned, the #1 explanation is that the economy is in a recession/depression and yet stocks are close to or have already hit new all-time highs.

Let’s dissect this way of thinking…

First and foremost, we need to dispel the myth that the stock market and the economy are closely related.

As Puru Saxena has noted, between 1972 and 1982, the US economy nearly tripled in size from $1.2 trillion to $3.2 trillion. And yet, throughout that entire period the stock market traded sideways for ZERO GAINS!

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

In contrast, from 1982 to 2000, the US economy again nearly tripled in size from $3.2 trillion to $10 trillion. But during this particular time, the stock market exploded higher rising nearly 1,500%!

So, we have two time periods in which the economy nearly tripled in size. During one of them, the stock market went nowhere, while during the other, the stock market rose nearly 1,500%.

Again, stocks have little if any correlation to the economy. There are times when stocks will care a lot about the economy, but those time periods are usually short and due to an unexpected surprise (like the surprise of the economy being shut down to deal with the COVID-19 pandemic).

So, what do stocks care about?

Liquidity.

Historically, whenever central banks start printing money at a rapid clip, stocks do well. A great example of this is the time period from 2008 to 2016 when the economy was weak at best and flatlining at worst. But because the Fed printed over $3.5 trillion during this time period, socks soared, rising over 100%.

Which brings us to today… stocks are rallying hard yet again, despite the economy being extremely weak.

The reason for this is because of the TSUNAMI of liquidity policymakers are throwing at the financial system.

Central Banks alone have printed over $5 trillion in the last three months. Much of this money has found its way into the stock market. 

On top of this, G-10 governments have implemented fiscal stimulus programs ranging from 5% (Norway) to over 35% of (Germany and Italy) of their historic revenue and spending budgets!

Put another way, trillions upon trillions of dollar/s yen/ euros/ pounds have been printed and funneled into the financial system. This is sending stocks through the roof. And unless we get another nasty economic shock to the downside, this trend will likely continue.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Worried About Whether the Markets Will Crash Again? Read On!

The Fed’s Couldn’t Even Stomach a 10% Drop in Stocks… It’s Officially in the Bubble Business

Posted on June 17, 2020 by The Phoenix

The Fed will soon be buying stocks.

Earlier this week, the Fed announced that it will begin buying corporate bonds from individual companies. Before this announcement, the Fed was already involved in the:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

With the introduction of individual corporate bonds, the Fed is now one step closer to buying stocks outright.

Indeed, the Fed has made ZERO references to stopping its monetary madness. Just yesterday Fed Chair Jerome Powell emphasized to Congress that the Fed is “years away from halting its assets monetization scheme.” 

Again, the Fed is explicitly telling us that it plans on buying assets (Treasuries, municipal bonds, corporate bonds, etc.) for years to come.

The next step will be for the Fed to buy stocks.

It won’t be the first central bank to do so…

The central bank of Switzerland, called the Swiss National Bank has been buying stocks for years. Yes. It literally prints money and buys stocks in the U.S. stock markets.

Then there’s Japan’s central bank, called the Bank of Japan. It also prints money and buys stocks outright. As of March 2019, it owned 80% of Japan’s ETFs.

Yes, 80%.

The BoJ is also a top-10 shareholder in over 50% of the companies that trade on the Japanese stock market.

If you think this can’t happen in the US, think again. The Fed told us in 2019 that it would be forced to engage in EXTREME monetary policies during the next downturn.

Fast forward to today, and the Fed is doing precisely this. Heck, it couldn’t even handle a 10% correction without introducing a new monetary scheme… and this is AFTER one of the sharpest rallies in years!

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on The Fed’s Couldn’t Even Stomach a 10% Drop in Stocks… It’s Officially in the Bubble Business

The Fed Just Admitted It Won’t Stop Printing Money For YEARS… Here’s How to Profit From This

Posted on June 17, 2020 by The Phoenix

The Fed will soon be buying stocks.

Earlier this week, the Fed announced that it will begin buying corporate bonds from individual companies. Before this announcement, the Fed was already involved in the:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

With the introduction of individual corporate bonds, the Fed is now one step closer to buying stocks outright.

Indeed, the Fed has made ZERO references to stopping its monetary madness. Just yesterday Fed Chair Jerome Powell emphasized to Congress that the Fed is “years away from halting its assets monetization scheme.” 

Again, the Fed is explicitly telling us that it plans on buying assets (Treasuries, municipal bonds, corporate bonds, etc.) for years to come.

The next step will be for the Fed to buy stocks.

It won’t be the first central bank to do so…

The central bank of Switzerland, called the Swiss National Bank has been buying stocks for years. Yes. It literally prints money and buys stocks in the U.S. stock markets.

Then there’s Japan’s central bank, called the Bank of Japan. It also prints money and buys stocks outright. As of March 2019, it owned 80% of Japan’s ETFs.

Yes, 80%.

The BoJ is also a top-10 shareholder in over 50% of the companies that trade on the Japanese stock market.

If you think this can’t happen in the US, think again. The Fed told us in 2019 that it would be forced to engage in EXTREME monetary policies during the next downturn.

Fast forward to today, and the Fed is doing precisely this. Heck, it couldn’t even handle a 10% correction without introducing a new monetary scheme… and this is AFTER one of the sharpest rallies in years!

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity, Inflation | Comments Off on The Fed Just Admitted It Won’t Stop Printing Money For YEARS… Here’s How to Profit From This

The Fed Is Moving to Corner All Risk… Will Inflation Be the Unintended Consequence?

Posted on June 16, 2020 by The Phoenix

The Fed stepped in to save stocks yesterday.

At the time, the market was experiencing its first significant decline since the March 23rd bottom, falling ~10% from peak to trough. From a technical analysis perspective, stocks were on the verge of losing the all-important 200-day moving average (DMA).

It is not coincidence that the Fed used this opportunity to announce a new twist to one of its bond buying programs, specifically, that for the first time in history the Fed would buy individual corporate bonds.

The Fed was already buying corporate bonds in bundles via exchange traded funds and indexes. Thanks to the new program, the Fed will continue doing this while also buying corporate debt from individual companies.

The implications of this are tremendous. The Fed can now “prop up” a failing company by buying the company’s debt. And unlike real investors, the Fed isn’t interested in turning a profit.

This only further signals that the Fed is moving to corner all risk in the financial system. The Fed is now involved in:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • Individual corporate bonds.
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

Seeing this, it’s clear the Fed will soon be buying stocks most likely by first buying ETFs eventually buying individual stocks themselves.

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

This is going to unleash an inflationary storm. Already gold and other assets have begun to discount this. And smart investors are preparing their portfolios to profit from it.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 9 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on The Fed Is Moving to Corner All Risk… Will Inflation Be the Unintended Consequence?

Warning: The Fed Will Soon Be Buying Stocks… Here’s How to Play This.

Posted on June 16, 2020 by The Phoenix

The Fed stepped in to save stocks yesterday.

At the time, the market was experiencing its first significant decline since the March 23rd bottom, falling ~10% from peak to trough. From a technical analysis perspective, stocks were on the verge of losing the all-important 200-day moving average (DMA).

It is not coincidence that the Fed used this opportunity to announce a new twist to one of its bond buying programs, specifically, that for the first time in history the Fed would buy individual corporate bonds.

The Fed was already buying corporate bonds in bundles via exchange traded funds and indexes. Thanks to the new program, the Fed will continue doing this while also buying corporate debt from individual companies.

The implications of this are tremendous. The Fed can now “prop up” a failing company by buying the company’s debt. And unlike real investors, the Fed isn’t interested in turning a profit.

This only further signals that the Fed is moving to corner all risk in the financial system. The Fed is now involved in:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • Individual corporate bonds.
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

Seeing this, it’s clear the Fed will soon be buying stocks most likely by first buying ETFs eventually buying individual stocks themselves.

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

This is going to unleash an inflationary storm. Already gold and other assets have begun to discount this. And smart investors are preparing their portfolios to profit from it.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 9 left.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/inflationstorm.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on Warning: The Fed Will Soon Be Buying Stocks… Here’s How to Play This.

If Stocks Don’t Hold Here We Could See Another Crash of Sorts

Posted on June 15, 2020 by The Phoenix

Stocks have fallen hard over the weekend again. The media is pinning this drop on the potential for another COVID-19 pandemic, but the facts don’t support that theory.

At times like these, it’s essential to ignore narratives, and focus on price. With that in mind, the S&P 500 remains in an uptrend, barely (blue lines in the chart below). Stocks need to hold here for the bull market case to remain intact. 

If stocks break down from here, there are two items in play. One is support at 2,940 (lower green line in the chart below). The other is the gap established by the open on May 18th (blue rectangle in the chart below).

When we plot the S&P 500 against the VIX (inverted), it looks like there’s more downside to go here.

However, both breadth and credit suggest the downside is limited here.

My point with all of this is that today the market is literally a crap shoot. The easy money from the rally has been made, and the next trend is not clear yet. So now is NOT the time to be putting a load of capital to work.

However, if stocks don’t hold here, we could potentially see a crash down to 2,700.

That is a high reward type move. And one we need to consider.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

There are only 33 copies available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on If Stocks Don’t Hold Here We Could See Another Crash of Sorts

Four Charts Every Investor Needs to See Today

Posted on June 15, 2020 by The Phoenix

Stocks have fallen hard over the weekend again. The media is pinning this drop on the potential for another COVID-19 pandemic, but the facts don’t support that theory.

At times like these, it’s essential to ignore narratives, and focus on price. With that in mind, the S&P 500 remains in an uptrend, barely (blue lines in the chart below). Stocks need to hold here for the bull market case to remain intact. 

If stocks break down from here, there are two items in play. One is support at 2,940 (lower green line in the chart below). The other is the gap established by the open on May 18th (blue rectangle in the chart below).

When we plot the S&P 500 against the VIX (inverted), it looks like there’s more downside to go here.

However, both breadth and credit suggest the downside is limited here.

My point with all of this is that today the market is literally a crap shoot. The easy money from the rally has been made, and the next trend is not clear yet. So now is NOT the time to be putting a load of capital to work.

However, if stocks don’t hold here, we could potentially see a crash down to 2,700.

That is a high reward type move. And one we need to consider.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

There are only 33 copies available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on Four Charts Every Investor Needs to See Today

Here Are the Key Lines For Stocks During This Correction

Posted on June 11, 2020 by The Phoenix

The markets are down hard this morning.

There are a myriad of reasons. The most important one concerns price: stocks were extremely overbought and overextended. It was time for a correction.

The S&P 500 had just made an explosive move higher out of a rising wedge formation (blue lines in the chart below). This move had brought stocks to a line of major overhead resistance (red line in the chart below).

As I wrote earlier this week, it is highly unlikely stocks would break that red line on the first try. So, a correction is expected here. The question is where it stops.

I’ve drawn the support lines to watch (green lines in the chart below). As I write this, stocks have already sliced through the first and are testing the second.

In the big picture, the fact is that the economic shutdown triggered by the COVID-19 panic has done PROFOUND structural damage to the US economy.

Stocks have largely ignored this, experiencing a kind of “sugar high” by focusing on the record amounts of liquidity the Fed is providing.

However, stocks now appear to be waking up to the damage. We are entering a “risk off” mode in the markets.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

There are only 33 copies available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on Here Are the Key Lines For Stocks During This Correction

The Next Leg Down is Here. Are You Ready?

Posted on June 11, 2020 by The Phoenix

The markets are down hard this morning.

There are a myriad of reasons. The most important one concerns price: stocks were extremely overbought and overextended. It was time for a correction.

The S&P 500 had just made an explosive move higher out of a rising wedge formation (blue lines in the chart below). This move had brought stocks to a line of major overhead resistance (red line in the chart below).

As I wrote earlier this week, it is highly unlikely stocks would break that red line on the first try. So, a correction is expected here. The question is where it stops.

I’ve drawn the support lines to watch (green lines in the chart below). As I write this, stocks have already sliced through the first and are testing the second.

In the big picture, the fact is that the economic shutdown triggered by the COVID-19 panic has done PROFOUND structural damage to the US economy.

Stocks have largely ignored this, experiencing a kind of “sugar high” by focusing on the record amounts of liquidity the Fed is providing.

However, stocks now appear to be waking up to the damage. We are entering a “risk off” mode in the markets.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

There are only 33 copies available to the public.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in stock collapse? | Comments Off on The Next Leg Down is Here. Are You Ready?

The $USD is Warning Us That Something Big is Coming

Posted on June 10, 2020 by The Phoenix

Things are beginning to get out of control in currency land.

The $USD is collapsing. Astute chart readers will note that the $USD has already experienced two sharp drops in the last few months (blue rectangles in the chart below). They occurred in late February before the COVID-19 shutdown and late March after the COVID-19 market meltdown subsided.

So why is this current drop (green rectangle in the chart above) so important? 

Because this collapse is happening outside of a crisis.

The other two sharp drops were triggered by true Black Swan events (an economic shutdown and viral pandemic). This one is happening while things are actually returning to normal.

Put another way, the $USD is telling us that:

1)    Either another Black Swan event is underway already.

2)    The world is losing faith in the $USD based on the Fed’s’/ Federal Government’s money printing and stimulus.

For a better perspective on what I am talking about take a look at the next chart. The $USD is breaking its bull market trendline at a rapid clip. The only other time it did this was right before the COVID-19 black swan event.

Something BAD is brewing in the financial system. And it’s going to catch 99% of investors by surprise.

If you’re sick of narratives and want to focus on how to actually make money from the markets, join our FREE e-letter Gains Pains & Capital.

https://gainspainscapital.com/

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on The $USD is Warning Us That Something Big is Coming