Month: February 2018

Forget about normalization, the Fed is terrified.

The Fed officially began Quantitative Tightening in October. To date, the Fed has shrunk its balance sheet by less than $40 billion. And already Fed officials are so spooked by stocks falling, that they’re promising more QE down the road… including an implicit purchasing of stocks.

To whit, on Friday, Boston Fed President Eric Rosengren stated the following:

If LSAPs (read: QE used to buy debt instruments) are indeed not effective, then the Fed may need to take other measures”

Let’s be clear here… a major Fed official is implying the Fed should consider monetizing other assets, possibly even stocks… at  a time when stocks are a mere 6% off ALL.TIME.HIGHS.

Just how vulnerable the US financial system that the Fed can’t even stomach a NORMAL 10% correction without talking about QE again?

Let’s be clear here. The Fed is terrified of the Everything Bubble bursting. And we’re a lot closer to a crisis than most realize.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

We’ve extended our offer to download this report FREE due to the market breakdown. But this week is the last time this report will be available to the general public.

To pick up one of the last remaining copies…

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Forget about normalization, the Fed is terrified.

The Fed officially began Quantitative Tightening in October. To date, the Fed has shrunk its balance sheet by less than $40 billion. And already Fed officials are so spooked by stocks falling, that they’re promising more QE down the road… including an implicit purchasing of stocks.

To whit, on Friday, Boston Fed President Eric Rosengren stated the following:

If LSAPs (read: QE used to buy debt instruments) are indeed not effective, then the Fed may need to take other measures”

Let’s be clear here… a major Fed official is implying the Fed should consider monetizing other assets, possibly even stocks… at  a time when stocks are a mere 6% off ALL.TIME.HIGHS.

Just how vulnerable the US financial system that the Fed can’t even stomach a NORMAL 10% correction without talking about QE again?

Let’s be clear here. The Fed is terrified of the Everything Bubble bursting. And we’re a lot closer to a crisis than most realize.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

We’ve extended our offer to download this report FREE due to the market breakdown. But this week is the last time this report will be available to the general public.

To pick up one of the last remaining copies…

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Forget about normalization, the Fed is terrified.

The Fed officially began Quantitative Tightening in October. To date, the Fed has shrunk its balance sheet by less than $40 billion. And already Fed officials are so spooked by stocks falling, that they’re promising more QE down the road… including an implicit purchasing of stocks.

To whit, on Friday, Boston Fed President Eric Rosengren stated the following:

If LSAPs (read: QE used to buy debt instruments) are indeed not effective, then the Fed may need to take other measures”

Let’s be clear here… a major Fed official is implying the Fed should consider monetizing other assets, possibly even stocks… at  a time when stocks are a mere 6% off ALL.TIME.HIGHS.

Just how vulnerable the US financial system that the Fed can’t even stomach a NORMAL 10% correction without talking about QE again?

Let’s be clear here. The Fed is terrified of the Everything Bubble bursting. And we’re a lot closer to a crisis than most realize.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

We’ve extended our offer to download this report FREE due to the market breakdown. But this week is the last time this report will be available to the general public.

To pick up one of the last remaining copies…

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

A key issue to note if you want to time market turns is that stocks are always the last asset class to “get it.”

Consider that high yield credit or Junk Bonds (HYG) have lead stocks from the January ’16 lows.

HYG also peaked and rolled over before the S&P 500 during this recent meltdown (blue vs. black circles).

With that in mind, I note that HYG is NOT leading the S&P 500 during this recent bounce. If anything HYG is lagging and preparing to roll over again (blue line vs. black line).

This is a major warning to the bulls. Credit isn’t buying this rally for a minute. And remember, stocks are always last to “get it.” And the next leg down will be far worse than the first.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

We’ve extended our offer to download this report FREE due to the market breakdown. But this week is the last time this report will be available to the general public.

To pick up one of the last remaining copies…

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

Best Regards

Graham Summers

Chief Market Strategist

Dear Reader,

If you’re looking for answers as to why the US financial system is the way it is… or have questions about what’s coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.

If you’ve yet to pick up a copy, grab one now. You’ll immediately know more about how the financial system works (as well as what’s come) than anyone else in your social circle.

If you’ve already bought a copy, PLEASE leave us a review on Amazon. It will help get the word out!

This book is a distillation of over a decade of work. It is divided into two sections (How We Got Here and What’s to Come).

How We Got Here outlines everything you need to know about how the US financial system was created, developed, and currently operates “behind the scenes.” Anyone who reads it will have a better understanding of these issues than 99% of the public.

What’s to Come outlines what the next round of Federal Reserve policy will look like when The Everything Bubble (the bubble in sovereign bonds) bursts. It presents a road map for how the next crisis will play out as well as how the Fed will react to what’s coming.

Again, you can purchase the book by CLICKING HERE.

Thank you for your business. I hope you enjoy reading this book. I simply couldn’t be prouder of it.

Best Regards,

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Dear Reader,

If you’re looking for answers as to why the US financial system is the way it is… or have questions about what’s coming down the pike in the financial markets, pick up a copy of our bestselling book The Everything Bubble: The End Game For Central Bank Policy on KINDLE today.

If you’ve yet to pick up a copy, grab one now. You’ll immediately know more about how the financial system works (as well as what’s come) than anyone else in your social circle.

If you’ve already bought a copy, PLEASE leave us a review on Amazon. It will help get the word out!

This book is a distillation of over a decade of work. It is divided into two sections (How We Got Here and What’s to Come).

How We Got Here outlines everything you need to know about how the US financial system was created, developed, and currently operates “behind the scenes.” Anyone who reads it will have a better understanding of these issues than 99% of the public.

What’s to Come outlines what the next round of Federal Reserve policy will look like when The Everything Bubble (the bubble in sovereign bonds) bursts. It presents a road map for how the next crisis will play out as well as how the Fed will react to what’s coming.

Again, you can purchase the book by CLICKING HERE.

Thank you for your business. I hope you enjoy reading this book. I simply couldn’t be prouder of it.

Best Regards,

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Major declines follow a distinct pattern:

1)   The initial drop.

2)   The bounce.

3)   The final collapse.

This recent market meltdown has followed this pattern perfectly. As I write this, the markets have completed numbers 1 and 2. They will begin #3 today.

The S&P 500 has bounced right into former support. A rejection here will lead to a sell-off into the true “panic low.”The downside target here is around the blue  circle.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

We’ve extended our offer to download this report FREE due to the market breakdown. But this week is the last time this report will be available to the general public.

To pick up one of the last remaining copies…

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Major declines follow a distinct pattern:

1)   The initial drop.

2)   The bounce.

3)   The final collapse.

This recent market meltdown has followed this pattern perfectly. As I write this, the markets have completed numbers 1 and 2. They will begin #3 today.

The S&P 500 has bounced right into former support. A rejection here will lead to a sell-off into the true “panic low.”The downside target here is around the blue  circle.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

We’ve extended our offer to download this report FREE due to the market breakdown. But this week is the last time this report will be available to the general public.

To pick up one of the last remaining copies…

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Major declines follow a distinct pattern:

1)   The initial drop.

2)   The bounce.

3)   The final collapse.

This recent market meltdown has followed this pattern perfectly. As I write this, the markets have completed numbers 1 and 2. They will begin #3 today.

The S&P 500 has bounced right into former support. A rejection here will lead to a sell-off into the true “panic low.”The downside target here is around the blue  circle.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming collapse will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

We’ve extended our offer to download this report FREE due to the market breakdown. But this week is the last time this report will be available to the general public.

To pick up one of the last remaining copies…

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

If you’re looking for signs of inflation the CPI will never show it.

Why?

Because CPI is constructed on purpose to understate inflation.

The Fed knows the CPI is garbage, which is why it (the Fed) has multiple other inflation measures. And by the way, ALL of them show inflation is already OVER 3%.

The NY Fed’s Underlying inflation gauge or UIG hit 3% in January, while the Cleveland Fed’s “Sticky Inflation” measure rose 3.7% in January.

This is a HUGE deal for the financial system.

Why?

US Treasury yields trade based on inflation (among other things).

When inflation rises, Treasury yields rise to accommodate for this.

When Treasury yields rise, Treasury prices FALL.

When Treasury prices FALL, the Everything Bubble begins to burst.

Well guess what? Treasury yields are SOARING having broken a 20 year downtrend.

Put simply, this chart is telling us BIG inflation is on the way. The Everything Bubble is on borrowed time unless the Fed acts soon.

The time to prepare your portfolio is NOW before things really get ugly.

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’re looking for signs of inflation the CPI will never show it.

Why?

Because CPI is constructed on purpose to understate inflation.

The Fed knows the CPI is garbage, which is why it (the Fed) has multiple other inflation measures. And by the way, ALL of them show inflation is already OVER 3%.

The NY Fed’s Underlying inflation gauge or UIG hit 3% in January, while the Cleveland Fed’s “Sticky Inflation” measure rose 3.7% in January.

This is a HUGE deal for the financial system.

Why?

US Treasury yields trade based on inflation (among other things).

When inflation rises, Treasury yields rise to accommodate for this.

When Treasury yields rise, Treasury prices FALL.

When Treasury prices FALL, the Everything Bubble begins to burst.

Well guess what? Treasury yields are SOARING having broken a 20 year downtrend.

Put simply, this chart is telling us BIG inflation is on the way. The Everything Bubble is on borrowed time unless the Fed acts soon.

The time to prepare your portfolio is NOW before things really get ugly.

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’re looking for signs of inflation the CPI will never show it.

Why?

Because CPI is constructed on purpose to understate inflation.

The Fed knows the CPI is garbage, which is why it (the Fed) has multiple other inflation measures. And by the way, ALL of them show inflation is already OVER 3%.

The NY Fed’s Underlying inflation gauge or UIG hit 3% in January, while the Cleveland Fed’s “Sticky Inflation” measure rose 3.7% in January.

This is a HUGE deal for the financial system.

Why?

US Treasury yields trade based on inflation (among other things).

When inflation rises, Treasury yields rise to accommodate for this.

When Treasury yields rise, Treasury prices FALL.

When Treasury prices FALL, the Everything Bubble begins to burst.

Well guess what? Treasury yields are SOARING having broken a 20 year downtrend.

Put simply, this chart is telling us BIG inflation is on the way. The Everything Bubble is on borrowed time unless the Fed acts soon.

The time to prepare your portfolio is NOW before things really get ugly.

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’re looking for signs of inflation the CPI will never show it.

Why?

Because CPI is constructed on purpose to understate inflation.

The Fed knows the CPI is garbage, which is why it (the Fed) has multiple other inflation measures. And by the way, ALL of them show inflation is already OVER 3%.

The NY Fed’s Underlying inflation gauge or UIG hit 3% in January, while the Cleveland Fed’s “Sticky Inflation” measure rose 3.7% in January.

This is a HUGE deal for the financial system.

Why?

US Treasury yields trade based on inflation (among other things).

When inflation rises, Treasury yields rise to accommodate for this.

When Treasury yields rise, Treasury prices FALL.

When Treasury prices FALL, the Everything Bubble begins to burst.

Well guess what? Treasury yields are SOARING having broken a 20 year downtrend.

Put simply, this chart is telling us BIG inflation is on the way. The Everything Bubble is on borrowed time unless the Fed acts soon.

The time to prepare your portfolio is NOW before things really get ugly.

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

As I’ve been stating for weeks now, inflation is the big theme for 2018. Even the Fed’s ridiculous CPI measure is coming in higher than expected (though real inflation is now at 3%).

Why is this a big problem?

Because inflation is going to:

1)   Either blow up the Everything Bubble

2)   Force Central Banks to become more hawkish, thereby draining liquidity from the stock market.

As I outlined in my book The Everything Bubble: The Endgame For Central Bank Policy post-2008, the Fed created a bubble in US sovereign bonds, also called Treasuries.

And because these bonds are the bedrock for the current fiat monetary system, the “risk-free rate” of return against which all risk assets are priced, when the Fed created a bubble in them, it created a bubble in EVERYTHING (stocks, commodities, corporate bonds, real estate, etc.).

This strategy worked (as far as the Fed is concerned) provided the bond market continued to remain in a secular downtrend.

This is where inflation comes in.

Treasury yields trade based on inflation (among other things).

When inflation rises, Treasury yields rise to accommodate for this.

When Treasury yields rise, Treasury prices FALL.

When Treasury prices FALL, the Everything Bubble begins to burst.

Well guess what? Treasury yields are SOARING, having broken a 20 year downtrend.

Put simply, this chart is telling us BIG inflation is on the way. The Everything Bubble is on borrowed time unless the Fed acts soon.

The time to prepare your portfolio is NOW before things really get ugly.

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

As I’ve been stating for weeks now, inflation is the big theme for 2018. Even the Fed’s ridiculous CPI measure is coming in higher than expected (though real inflation is now at 3%).

Why is this a big problem?

Because inflation is going to:

1)   Either blow up the Everything Bubble

2)   Force Central Banks to become more hawkish, thereby draining liquidity from the stock market.

As I outlined in my book The Everything Bubble: The Endgame For Central Bank Policy post-2008, the Fed created a bubble in US sovereign bonds, also called Treasuries.

And because these bonds are the bedrock for the current fiat monetary system, the “risk-free rate” of return against which all risk assets are priced, when the Fed created a bubble in them, it created a bubble in EVERYTHING (stocks, commodities, corporate bonds, real estate, etc.).

This strategy worked (as far as the Fed is concerned) provided the bond market continued to remain in a secular downtrend.

This is where inflation comes in.

Treasury yields trade based on inflation (among other things).

When inflation rises, Treasury yields rise to accommodate for this.

When Treasury yields rise, Treasury prices FALL.

When Treasury prices FALL, the Everything Bubble begins to burst.

Well guess what? Treasury yields are SOARING, having broken a 20 year downtrend.

Put simply, this chart is telling us BIG inflation is on the way. The Everything Bubble is on borrowed time unless the Fed acts soon.

The time to prepare your portfolio is NOW before things really get ugly.

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

As I’ve been stating for weeks now, inflation is the big theme for 2018. Even the Fed’s ridiculous CPI measure is coming in higher than expected (though real inflation is now at 3%).

Why is this a big problem?

Because inflation is going to:

1)   Either blow up the Everything Bubble

2)   Force Central Banks to become more hawkish, thereby draining liquidity from the stock market.

As I outlined in my book The Everything Bubble: The Endgame For Central Bank Policy post-2008, the Fed created a bubble in US sovereign bonds, also called Treasuries.

And because these bonds are the bedrock for the current fiat monetary system, the “risk-free rate” of return against which all risk assets are priced, when the Fed created a bubble in them, it created a bubble in EVERYTHING (stocks, commodities, corporate bonds, real estate, etc.).

This strategy worked (as far as the Fed is concerned) provided the bond market continued to remain in a secular downtrend.

This is where inflation comes in.

Treasury yields trade based on inflation (among other things).

When inflation rises, Treasury yields rise to accommodate for this.

When Treasury yields rise, Treasury prices FALL.

When Treasury prices FALL, the Everything Bubble begins to burst.

Well guess what? Treasury yields are SOARING, having broken a 20 year downtrend.

Put simply, this chart is telling us BIG inflation is on the way. The Everything Bubble is on borrowed time unless the Fed acts soon.

The time to prepare your portfolio is NOW before things really get ugly.

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

As I’ve been stating for weeks now, inflation is the big theme for 2018. Even the Fed’s ridiculous CPI measure is coming in higher than expected (though real inflation is now at 3%).

Why is this a big problem?

Because inflation is going to:

1)   Either blow up the Everything Bubble

2)   Force Central Banks to become more hawkish, thereby draining liquidity from the stock market.

As I outlined in my book The Everything Bubble: The Endgame For Central Bank Policy post-2008, the Fed created a bubble in US sovereign bonds, also called Treasuries.

And because these bonds are the bedrock for the current fiat monetary system, the “risk-free rate” of return against which all risk assets are priced, when the Fed created a bubble in them, it created a bubble in EVERYTHING (stocks, commodities, corporate bonds, real estate, etc.).

This strategy worked (as far as the Fed is concerned) provided the bond market continued to remain in a secular downtrend.

This is where inflation comes in.

Treasury yields trade based on inflation (among other things).

When inflation rises, Treasury yields rise to accommodate for this.

When Treasury yields rise, Treasury prices FALL.

When Treasury prices FALL, the Everything Bubble begins to burst.

Well guess what? Treasury yields are SOARING, having broken a 20 year downtrend.

Put simply, this chart is telling us BIG inflation is on the way. The Everything Bubble is on borrowed time unless the Fed acts soon.

The time to prepare your portfolio is NOW before things really get ugly.

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