Month: January 2018

If you want to make money investing, you first need to understand the structure of the asset classes in our current financial system,

Everyone likes to go bonkers over stocks, but the reality is that the stock market is in fact one of the smallest and least liquid markets on the planet. All told, US stocks are roughly $26 trillion in market cap.

By way of contrast, the US debt markets (Treasuries, corporate, municipal, local, etc.) is well north of $60 trillion.

And the currency markets (which cannot be accurately measured because every trade involves a currency pair) trades over $5 trillion per day.

Put simply, currencies are the “smartest” money, followed by bonds, and then finally stocks. So when a seismic change takes place, currencies and bonds pick up on it LONG before stocks do.

With that in mind consider that the $USD is collapsing, having gone almost straight down for 12 months.

Now consider that the US Treasury bond market, is falling in price, resulting in yields spiking above their 20-year downtrend.

BOTH of these assets are forecasting the same thing: INFLATION.

Inflation forces the $USD DOWN and bond yields UP.

So we’ve got both the “smart” money and the SMARTEST money forecasting the same thing.

And it’s going to blow up the Everything Bubble.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s in terms of Fed Policy 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

If you want to make money investing, you first need to understand the structure of the asset classes in our current financial system,

Everyone likes to go bonkers over stocks, but the reality is that the stock market is in fact one of the smallest and least liquid markets on the planet. All told, US stocks are roughly $26 trillion in market cap.

By way of contrast, the US debt markets (Treasuries, corporate, municipal, local, etc.) is well north of $60 trillion.

And the currency markets (which cannot be accurately measured because every trade involves a currency pair) trades over $5 trillion per day.

Put simply, currencies are the “smartest” money, followed by bonds, and then finally stocks. So when a seismic change takes place, currencies and bonds pick up on it LONG before stocks do.

With that in mind consider that the $USD is collapsing, having gone almost straight down for 12 months.

Now consider that the US Treasury bond market, is falling in price, resulting in yields spiking above their 20-year downtrend.

BOTH of these assets are forecasting the same thing: INFLATION.

Inflation forces the $USD DOWN and bond yields UP.

So we’ve got both the “smart” money and the SMARTEST money forecasting the same thing.

And it’s going to blow up the Everything Bubble.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s in terms of Fed Policy 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

If you want to make money investing, you first need to understand the structure of the asset classes in our current financial system,

Everyone likes to go bonkers over stocks, but the reality is that the stock market is in fact one of the smallest and least liquid markets on the planet. All told, US stocks are roughly $26 trillion in market cap.

By way of contrast, the US debt markets (Treasuries, corporate, municipal, local, etc.) is well north of $60 trillion.

And the currency markets (which cannot be accurately measured because every trade involves a currency pair) trades over $5 trillion per day.

Put simply, currencies are the “smartest” money, followed by bonds, and then finally stocks. So when a seismic change takes place, currencies and bonds pick up on it LONG before stocks do.

With that in mind consider that the $USD is collapsing, having gone almost straight down for 12 months.

Now consider that the US Treasury bond market, is falling in price, resulting in yields spiking above their 20-year downtrend.

BOTH of these assets are forecasting the same thing: INFLATION.

Inflation forces the $USD DOWN and bond yields UP.

So we’ve got both the “smart” money and the SMARTEST money forecasting the same thing.

And it’s going to blow up the Everything Bubble.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s in terms of Fed Policy 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 biggest news today comes from China, which has announced it will “slow or halt” US Treasury purchases.

This is the so-called NUCLEAR option: the threat by China to stop buying US debt. And it’s an absolute game-changer.

Yields on the 10-Year Treasury spiked on the news as investors dumped Treasuries.

 

Source: Blooomberg

This could very well be what bursts the EVERYTHING Bubble.

As I explained in detail in by bestselling book The Everything Bubble: The Endgame For Central Bank Policy, the Fed dealt with the 2008 meltdown by intentionally created a bubble in US Treasuries.

And because these bonds represent the “risk-free” rate of return for the US financial system, when the Fed did this, it created a bubble in EVERYTHING (including stocks).

And now that China is threatening to dump US Treasuries, this could be what bursts the Everything Bubble.

The time to prepare for this is NOW before disaster hits.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s in terms of Fed Policy 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

 

Since the late ‘90s, the US has increasingly financed its “growth” with debt.

As a result, the amount of debt in the system, relative to GDP, has skyrocketed.

The notion that we can “grow our way” out of this is ridiculous. The US Government has brought in RECORD amount of taxes since 2014… and the Government has STILL runs $400+ Billion deficits Every. Single. Year.

Put another way, the US Government is spending an extra $400 billion every year DESPITE it bringing in a record amount of cash.

Now, the Fed claims it’s taking advantage of the current economic stability to tighten policy, but this is a joke. The Fed balance sheet has dropped only $80 billion in TWO YEARS.

And the second the credit cycle turns, the Fed will face a choice… let the system reset (as it almost did in 2008) or monetize everything.

Which option to you think it will go for?

With that in mind, there is only one course forward: printing more and more money. The outcome of this will be inflation… and not the good kind.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s in terms of Fed Policy 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

Since the late ‘90s, the US has increasingly financed its “growth” with debt.

As a result, the amount of debt in the system, relative to GDP, has skyrocketed.

The notion that we can “grow our way” out of this is ridiculous. The US Government has brought in RECORD amount of taxes since 2014… and the Government has STILL runs $400+ Billion deficits Every. Single. Year.

Put another way, the US Government is spending an extra $400 billion every year DESPITE it bringing in a record amount of cash.

Now, the Fed claims it’s taking advantage of the current economic stability to tighten policy, but this is a joke. The Fed balance sheet has dropped only $80 billion in TWO YEARS.

And the second the credit cycle turns, the Fed will face a choice… let the system reset (as it almost did in 2008) or monetize everything.

Which option to you think it will go for?

With that in mind, there is only one course forward: printing more and more money. The outcome of this will be inflation… and not the good kind.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s in terms of Fed Policy 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

Since the late ‘90s, the US has increasingly financed its “growth” with debt.

As a result, the amount of debt in the system, relative to GDP, has skyrocketed.

The notion that we can “grow our way” out of this is ridiculous. The US Government has brought in RECORD amount of taxes since 2014… and the Government has STILL runs $400+ Billion deficits Every. Single. Year.

Put another way, the US Government is spending an extra $400 billion every year DESPITE it bringing in a record amount of cash.

Now, the Fed claims it’s taking advantage of the current economic stability to tighten policy, but this is a joke. The Fed balance sheet has dropped only $80 billion in TWO YEARS.

And the second the credit cycle turns, the Fed will face a choice… let the system reset (as it almost did in 2008) or monetize everything.

Which option to you think it will go for?

With that in mind, there is only one course forward: printing more and more money. The outcome of this will be inflation… and not the good kind.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s in terms of Fed Policy 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 market is now officially in the largest bubble relative to the economy in history.

Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.

Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15% of US GDP, surpassing their previous peak set at the absolute top of the Tech Bubble in March 2000.

Source: The King Report

While some pundits may point to the economy or the Trump economic agenda for this, the reality is that everything the markets have done since 2008 has been driven by the Fed creating a bubble in US sovereign bonds, also called Treasuries.

As I detail in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, when the Fed did this, it forced Treasury yields to record lows.

And because these yields represent “the risk-free rate of return” for the entire financial system ALL risk, (EVERYTHING including stocks), adjusted accordingly.

This is why I coined the term The Everything Bubble in 2014. And it’s why I am growing increasingly concerned about the recent moves in Treasury Bond Yields, as they broke above their their 20-year downtrend.

When bond yields rise, bond prices fall.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

What’s coming will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis. The time to prepare for this is NOW before the carnage hits.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s to come 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 market is now officially in the largest bubble relative to the economy in history.

Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.

Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15% of US GDP, surpassing their previous peak set at the absolute top of the Tech Bubble in March 2000.

Source: The King Report

While some pundits may point to the economy or the Trump economic agenda for this, the reality is that everything the markets have done since 2008 has been driven by the Fed creating a bubble in US sovereign bonds, also called Treasuries.

As I detail in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, when the Fed did this, it forced Treasury yields to record lows.

And because these yields represent “the risk-free rate of return” for the entire financial system ALL risk, (EVERYTHING including stocks), adjusted accordingly.

This is why I coined the term The Everything Bubble in 2014. And it’s why I am growing increasingly concerned about the recent moves in Treasury Bond Yields, as they broke above their their 20-year downtrend.

When bond yields rise, bond prices fall.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

What’s coming will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis. The time to prepare for this is NOW before the carnage hits.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s to come 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 market is now officially in the largest bubble relative to the economy in history.

Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.

Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15% of US GDP, surpassing their previous peak set at the absolute top of the Tech Bubble in March 2000.

Source: The King Report

While some pundits may point to the economy or the Trump economic agenda for this, the reality is that everything the markets have done since 2008 has been driven by the Fed creating a bubble in US sovereign bonds, also called Treasuries.

As I detail in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, when the Fed did this, it forced Treasury yields to record lows.

And because these yields represent “the risk-free rate of return” for the entire financial system ALL risk, (EVERYTHING including stocks), adjusted accordingly.

This is why I coined the term The Everything Bubble in 2014. And it’s why I am growing increasingly concerned about the recent moves in Treasury Bond Yields, as they broke above their their 20-year downtrend.

When bond yields rise, bond prices fall.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

What’s coming will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis. The time to prepare for this is NOW before the carnage hits.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s to come 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 market is now officially in the largest bubble relative to the economy in history.

Warren Buffett once famously stated that his favorite means of valuing stocks was the stock market capitalization to GDP ratio. This was the very metric he used when he decided to avoid investing during the Tech Bubble.

Bill King of The King Report notes that based on this metric, stocks are now valued at 144.15% of US GDP, surpassing their previous peak set at the absolute top of the Tech Bubble in March 2000.

Source: The King Report

While some pundits may point to the economy or the Trump economic agenda for this, the reality is that everything the markets have done since 2008 has been driven by the Fed creating a bubble in US sovereign bonds, also called Treasuries.

As I detail in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, when the Fed did this, it forced Treasury yields to record lows.

And because these yields represent “the risk-free rate of return” for the entire financial system ALL risk, (EVERYTHING including stocks), adjusted accordingly.

This is why I coined the term The Everything Bubble in 2014. And it’s why I am growing increasingly concerned about the recent moves in Treasury Bond Yields, as they broke above their their 20-year downtrend.

When bond yields rise, bond prices fall.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

What’s coming will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis. The time to prepare for this is NOW before the carnage hits.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s to come 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

 

I keep reading articles claiming that inflation is nowhere to be found.

If that is true, explain the following four charts.

Copper has broken out of a 10-year downtrend.

This chart suggests that Copper will be retesting its 2011 highs.

Another inflationary industrial metal (steel) is posting a similar pattern.

There is literally NOTHING bearish in that chart. The bear market in steel from 2010 onwards is over.

——————————————————————–

Looking for BIG gains from the markets?

Our options trading service The Crisis Trader returned over 40% in 2017.

This comes on the heels of a 19% return in 2016 and a 60% return in 2015.

Best of all, this system couldn’t be simpler: just one trade, made once per week.

Get FOUR trades for just $99 today.

Most subscribers make 3X that from a single trade!

This offer expires Friday at midnight.

CLICK HERE NOW!!!

——————————————————————–

Coal, another inflationary asset, has broken out of a massive falling wedge pattern. It is now about to smash through critical resistance.

We see a similar pattern in Uranium (another inflation play).

Just one of the above charts would be a big wake up call…but taken together, they are SCREAMING “INFLATION!!!!!!”

As this is a MAJOR problem for the Bond Bubble.

As I explain in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, US sovereign bonds (also called Treasuries) trade based on inflation expectations.

Put simply, when inflation spikes higher, so do Treasury bond yields.

When bond yields rise, bond prices fall.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

What’s coming will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis. The time to prepare for this is NOW before the carnage hits.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s to come 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

I keep reading articles claiming that inflation is nowhere to be found.

If that is true, explain the following four charts.

Copper has broken out of a 10-year downtrend.

This chart suggests that Copper will be retesting its 2011 highs.

Another inflationary industrial metal (steel) is posting a similar pattern.

There is literally NOTHING bearish in that chart. The bear market in steel from 2010 onwards is over.

——————————————————————–

Looking for BIG gains from the markets?

Our options trading service The Crisis Trader returned over 40% in 2017.

This comes on the heels of a 19% return in 2016 and a 60% return in 2015.

Best of all, this system couldn’t be simpler: just one trade, made once per week.

Get FOUR trades for just $99 today.

Most subscribers make 3X that from a single trade!

This offer expires Friday at midnight.

CLICK HERE NOW!!!

——————————————————————–

Coal, another inflationary asset, has broken out of a massive falling wedge pattern. It is now about to smash through critical resistance.

We see a similar pattern in Uranium (another inflation play).

Just one of the above charts would be a big wake up call…but taken together, they are SCREAMING “INFLATION!!!!!!”

As this is a MAJOR problem for the Bond Bubble.

As I explain in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, US sovereign bonds (also called Treasuries) trade based on inflation expectations.

Put simply, when inflation spikes higher, so do Treasury bond yields.

When bond yields rise, bond prices fall.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

What’s coming will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis. The time to prepare for this is NOW before the carnage hits.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s to come 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

I keep reading articles claiming that inflation is nowhere to be found.

If that is true, explain the following four charts.

Copper has broken out of a 10-year downtrend.

This chart suggests that Copper will be retesting its 2011 highs.

Another inflationary industrial metal (steel) is posting a similar pattern.

There is literally NOTHING bearish in that chart. The bear market in steel from 2010 onwards is over.

——————————————————————–

Looking for BIG gains from the markets?

Our options trading service The Crisis Trader returned over 40% in 2017.

This comes on the heels of a 19% return in 2016 and a 60% return in 2015.

Best of all, this system couldn’t be simpler: just one trade, made once per week.

Get FOUR trades for just $99 today.

Most subscribers make 3X that from a single trade!

This offer expires Friday at midnight.

CLICK HERE NOW!!!

——————————————————————–

Coal, another inflationary asset, has broken out of a massive falling wedge pattern. It is now about to smash through critical resistance.

We see a similar pattern in Uranium (another inflation play).

Just one of the above charts would be a big wake up call…but taken together, they are SCREAMING “INFLATION!!!!!!”

This is a MAJOR problem for the Bond Bubble.

As I explain in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, US sovereign bonds (also called Treasuries) trade based on inflation expectations.

Put simply, when inflation spikes higher, so do Treasury bond yields.

When bond yields rise, bond prices fall.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

What’s coming will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis. The time to prepare for this is NOW before the carnage hits.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s to come 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

I keep reading articles claiming that inflation is nowhere to be found.

If that is true, explain the following four charts.

Copper has broken out of a 10-year downtrend.

This chart suggests that Copper will be retesting its 2011 highs.

Another inflationary industrial metal (steel) is posting a similar pattern.

There is literally NOTHING bearish in that chart. The bear market in steel from 2010 onwards is over.

——————————————————————–

Looking for BIG gains from the markets?

Our options trading service The Crisis Trader returned over 40% in 2017.

This comes on the heels of a 19% return in 2016 and a 60% return in 2015.

Best of all, this system couldn’t be simpler: just one trade, made once per week.

Get FOUR trades for just $99 today.

Most subscribers make 3X that from a single trade!

This offer expires Friday at midnight.

CLICK HERE NOW!!!

——————————————————————–

Coal, another inflationary asset, has broken out of a massive falling wedge pattern. It is now about to smash through critical resistance.

We see a similar pattern in Uranium (another inflation play).

Just one of the above charts would be a big wake up call…but taken together, they are SCREAMING “INFLATION!!!!!!”

As this is a MAJOR problem for the Bond Bubble.

As I explain in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, US sovereign bonds (also called Treasuries) trade based on inflation expectations.

Put simply, when inflation spikes higher, so do Treasury bond yields.

When bond yields rise, bond prices fall.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

What’s coming will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis. The time to prepare for this is NOW before the carnage hits.

On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s to come 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