Day: June 22, 2016

The Single Most Dangerous Chart in the World Spells Doom For Stocks

The media is focused on the Brexit.

It is missing out on the biggest story in the financial world.

That story is the US Dollar.

The Dollar’s rapid rise in mid-2014 is what kicked off ALL of the global turmoil we’ve experienced. The US Dollar’s rally demolished oil, commodities, emerging markets, and more.

It also forced China to devalue the Yuan, which caused the August 2015 meltdown in US stocks.

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The US Dollar peaked against Emerging Market currencies in early 2016, kicking off the sharp rally we’ve seen in stocks and other risk assets

Not anymore.

The US Dollar is again turning up against Emerging Market currencies.

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The next market collapse is just around the corner. And this time, the Fed won’t be able to stop it.The next market collapse is just around the corner. And this time, the Fed won’t be able to stop it.

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86 closed winners… and not one closed loser… in 18 months.

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Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

Posted by Phoenix Capital Research in It's a Bull Market