The current view trending in social media as well as most of the financial media is that Italy is about to trigger a systemic collapse of Europe.

Those proposing this theory are using charts of Italy’s bond yields and stock market that focus on the last few years when the country was being priced at a ridiculously low risk.

The reality?

Long-term Italy’s stock market is trading within a very clear a defined channel. This is the “end of the world” that everyone is talking about. From the look of things Italy has had it at least three times before since 2009.

As I said yesterday…That. Is. Not. A. CRISIS.

Indeed, Italy is SO dangerous that the NASDAQ and Russell 2000 were effectively FLAT yesterday during the “meltdown.”

Currently, the S&P 500 is UP today.  And this is just the start…

We are about to move into a “white swan” move in which the S&P 500 bounces off of support and makes a run to 3,000+ this summer.

This is the “White Swan” I’ve been forecasting since end of March 2018. It will mark THE blow-off top for the markets. What follows will be another crisis… the REAL crisis… NOT the bogus one everyone is panicking about right now.

It will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis.

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

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Dear Reader,

This is just a friendly notice that Amazon is
currently running a special…10% off on paperback
and 23% off Kindle on my book
The Everything Bubble: The Endgame For Central Bank Policy.

If you haven’t already picked up a copy, this is the
best pricing Amazon has run thus far.

To pick up a copy…

Click Here Now!!!

Best Regards

Graham Summers
Chief Market Strategist
Phoenix Capital Research

To recap yesterday’s piece concerning the recent shift in Central Bank policy, from mid-2016 onward:

1)   Central Banks engaging in emergency levels of QE at a time in which their respective economies were growing.

2)   Inflation bottoming then beginning to rise.

3)   Bond markets starting to revolt.

4)   Central Banks opting to walk back their QE programs.

Which brings us to today.

In the last month, both the ECB and the BoJ have “thrown in the towel” regarding any kind of monetary tightening.

First came ECB President Mario Draghi who suggested that the EU’s economic growth rate may have “peaked.” The ECB then follow suit by stating that it will be

waiting until JULY to announce how it intends to end QE in yet another bid to see how the market reacts before it makes a final decision.

European Central Bank policy makers see scope to wait until their July meeting to announce how they’ll end their bond-buying program, according to euro-area officials familiar with the matter.

Governing Council members want sufficient time to judge if the economy is overcoming its first-quarter slowdown, the officials said, asking not to be identified because the internal deliberations are confidential. That could mean the June meeting, which would have the advantage of linking the decision to updated economic forecasts, might be too soon.

Source: Bloomberg

Put simply, the ECB is terrified that the markets can’t handle the end of QE. So they’ll keep “moving the finish line” out farther and farther away.

The ECB is not the only one… The BoJ pulled a similar stunt last week as well:

Japanese monetary policy must remain loose until the world’s third-largest economy achieves a higher inflation rate, Bank of Japan Governor Haruhiko Kuroda said.

“In order to reach 2 percent inflation target, I think the Bank of Japan must continue very strong accommodative monetary policy for some time,” Kuroda told CNBC’s Sara Eisen this weekend. “It’s necessary.”

His comments will be closely watched ahead of the central bank’s two-day policy meeting this Thursday and Friday. In March, the BOJ said it would keep the short-term policy rate unchanged at negative 0.1 percent and the 10-year yield target around 0 percent.

Source: CNBC

What does this mean?

Central Banks are giving up any pretense of being able to end their monetary stimulus.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

Don’t believe me?

You can see EVERY trade we’ve made this year HERE.

As a result we’re now up 37% this year alone.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

The ECB can’t even hit a TWICE extended deadline without having to panic and extend it a third time. Meanwhile, the BoJ has given up any pretense of having a deadline at all. Instead it will continue to print money and buy assets until its most heavily massaged data metric (inflation) hits some arbitrary target (Japan’s inflation numbers, much like those in the US and EU are total fiction).

Put simply: Central Banks have “thrown in the towel” on any pretense of monetary hawkishness and will continue printing money to support risk assets until something breaks.

This is what the inflation/ deflation bond market ratio picked up on last month.

I’m referring to the TIP:TLT ratio. When this ratio rallies, it’s inflationary. When it falls, it’s deflationary.

As you can see the TIP:TLT ratio has now staged a CONFIRMED breakout from a 10-year deflationary channel.

This is a truly TECTONIC shift. It is telling us that Central Banks have “thrown in the taper towel” and will be printing ad infinitum. Any pretense of fiscal or monetary responsibility is out the window.

THIS, combined with what is looking like the one of the greatest quarters for corporate results in modern history, is what will trigger new all-time highs in stocks.

This is the BLOW OFF TOP stage. And we all know what’s going to follow.

On that note, if you are growing concerned about the current Central Bank created bubble bursting…. we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let’s cut through the BS about Central Bank Balance Sheet reduction.

There. Is. No. Exit.

Once a Central Bank begins to employ ZIRP and QE for years at a time, there is no going back. If you don’t believe me, take a look at Japan.

As I outlined in my book The Everything Bubble: the Endgame For Central Bank Policy, Japan is ground zero for Central Bank monetary insanity. The Fed first employed ZIRP and QE in 2008. Japan went to ZIRP in 1999. It launched its first QE program in 2000.

And it never looked back.

There were brief periods in which the Bank of Japan would NOT employ QE. But as soon as Japan’s economic data turned south… you guessed it… MORE QE… and not for a month or two… this has been going on for 18 years.

The end result is that today the Bank of Japan’s balance sheet is roughly the size of the country’s GDP.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

The BoJ now owns MORE Japanese stocks than foreign investors do. It is a top shareholder in 90% of the Nikkei’s largest 225 companies and owns an astonishing 74% of Japanese ETFs.

Worst of all… this is where the Fed, ECB, BoE, and SNB will all be heading as soon as the next crisis hits.

I realize I probably sound insane saying this, but consider the following…

Back in 2003, if someone had suggested the Fed could cut rates to ZERO and hold them there for SEVEN YEARS while engaging in over $3.5 TRILLION in QE, they (the person suggesting this as a possibility) would have been called insane.

Fast forward to today, and here we are, with the Fed having only just raised rates to 1.75% (roughly where rates usually BOTTOM when the Fed eases during a recession) and with a balance sheet the size of Germany’s GDP.

And mind you, the next crisis is going to be even bigger than that of 2008.

The 2008 crisis was triggered by debt deflation in mortgage-backed securities… a relatively junior level debt instrument.

The coming crisis will be triggered by debt deflation in SOVEREIGN bonds… the SENIOR-most debt instrument on the planet and the bedrock of the current financial system.

It will take time for this to unfold, but as I recently told clients of my Private Wealth Advisory newsletter, we’re currently in “late 2007” for the coming crisis.

This is the BLOW OFF TOP stage. And we all know what’s going to follow.

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 coming down the pike when the Everything Bubble bursts.

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let’s cut through the BS about Central Bank Balance Sheet reduction.

There. Is. No. Exit.

Once a Central Bank begins to employ ZIRP and QE for years at a time, there is no going back. If you don’t believe me, take a look at Japan.

As I outlined in my book The Everything Bubble: the Endgame For Central Bank Policy, Japan is ground zero for Central Bank monetary insanity. The Fed first employed ZIRP and QE in 2008. Japan went to ZIRP in 1999. It launched its first QE program in 2000.

And it never looked back.

There were brief periods in which the Bank of Japan would NOT employ QE. But as soon as Japan’s economic data turned south… you guessed it… MORE QE… and not for a month or two… this has been going on for 18 years.

The end result is that today the Bank of Japan’s balance sheet is roughly the size of the country’s GDP.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

The BoJ now owns MORE Japanese stocks than foreign investors do. It is a top shareholder in 90% of the Nikkei’s largest 225 companies and owns an astonishing 74% of Japanese ETFs.

Worst of all… this is where the Fed, ECB, BoE, and SNB will all be heading as soon as the next crisis hits.

I realize I probably sound insane saying this, but consider the following…

Back in 2003, if someone had suggested the Fed could cut rates to ZERO and hold them there for SEVEN YEARS while engaging in over $3.5 TRILLION in QE, they (the person suggesting this as a possibility) would have been called insane.

Fast forward to today, and here we are, with the Fed having only just raised rates to 1.75% (roughly where rates usually BOTTOM when the Fed eases during a recession) and with a balance sheet the size of Germany’s GDP.

And mind you, the next crisis is going to be even bigger than that of 2008.

The 2008 crisis was triggered by debt deflation in mortgage-backed securities… a relatively junior level debt instrument.

The coming crisis will be triggered by debt deflation in SOVEREIGN bonds… the SENIOR-most debt instrument on the planet and the bedrock of the current financial system.

It will take time for this to unfold, but as I recently told clients of my Private Wealth Advisory newsletter, we’re currently in “late 2007” for the coming crisis.

This is the BLOW OFF TOP stage. And we all know what’s going to follow.

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 coming down the pike when the Everything Bubble bursts.

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let’s cut through the BS about Central Bank Balance Sheet reduction.

There. Is. No. Exit.

Once a Central Bank begins to employ ZIRP and QE for years at a time, there is no going back. If you don’t believe me, take a look at Japan.

As I outlined in my book The Everything Bubble: the Endgame For Central Bank Policy, Japan is ground zero for Central Bank monetary insanity. The Fed first employed ZIRP and QE in 2008. Japan went to ZIRP in 1999. It launched its first QE program in 2000.

And it never looked back.

There were brief periods in which the Bank of Japan would NOT employ QE. But as soon as Japan’s economic data turned south… you guessed it… MORE QE… and not for a month or two… this has been going on for 18 years.

The end result is that today the Bank of Japan’s balance sheet is roughly the size of the country’s GDP.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

The BoJ now owns MORE Japanese stocks than foreign investors do. It is a top shareholder in 90% of the Nikkei’s largest 225 companies and owns an astonishing 74% of Japanese ETFs.

Worst of all… this is where the Fed, ECB, BoE, and SNB will all be heading as soon as the next crisis hits.

I realize I probably sound insane saying this, but consider the following…

Back in 2003, if someone had suggested the Fed could cut rates to ZERO and hold them there for SEVEN YEARS while engaging in over $3.5 TRILLION in QE, they (the person suggesting this as a possibility) would have been called insane.

Fast forward to today, and here we are, with the Fed having only just raised rates to 1.75% (roughly where rates usually BOTTOM when the Fed eases during a recession) and with a balance sheet the size of Germany’s GDP.

And mind you, the next crisis is going to be even bigger than that of 2008.

The 2008 crisis was triggered by debt deflation in mortgage-backed securities… a relatively junior level debt instrument.

The coming crisis will be triggered by debt deflation in SOVEREIGN bonds… the SENIOR-most debt instrument on the planet and the bedrock of the current financial system.

It will take time for this to unfold, but as I recently told clients of my Private Wealth Advisory newsletter, we’re currently in “late 2007” for the coming crisis.

This is the BLOW OFF TOP stage. And we all know what’s going to follow.

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 coming down the pike when the Everything Bubble bursts.

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let’s cut through the BS about Central Bank Balance Sheet reduction.

There. Is. No. Exit.

Once a Central Bank begins to employ ZIRP and QE for years at a time, there is no going back. If you don’t believe me, take a look at Japan.

As I outlined in my book The Everything Bubble: the Endgame For Central Bank Policy, Japan is ground zero for Central Bank monetary insanity. The Fed first employed ZIRP and QE in 2008. Japan went to ZIRP in 1999. It launched its first QE program in 2000.

And it never looked back.

There were brief periods in which the Bank of Japan would NOT employ QE. But as soon as Japan’s economic data turned south… you guessed it… MORE QE… and not for a month or two… this has been going on for 18 years.

The end result is that today the Bank of Japan’s balance sheet is roughly the size of the country’s GDP. 

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

The BoJ now owns MORE Japanese stocks than foreign investors do. It is a top shareholder in 90% of the Nikkei’s largest 225 companies and owns an astonishing 74% of Japanese ETFs.

Worst of all… this is where the Fed, ECB, BoE, and SNB will all be heading as soon as the next crisis hits.

I realize I probably sound insane saying this, but consider the following…

Back in 2003, if someone had suggested the Fed could cut rates to ZERO and hold them there for SEVEN YEARS while engaging in over $3.5 TRILLION in QE, they (the person suggesting this as a possibility) would have been called insane.

Fast forward to today, and here we are, with the Fed having only just raised rates to 1.75% (roughly where rates usually BOTTOM when the Fed eases during a recession) and with a balance sheet the size of Germany’s GDP.

And mind you, the next crisis is going to be even bigger than that of 2008.

The 2008 crisis was triggered by debt deflation in mortgage-backed securities… a relatively junior level debt instrument.

The coming crisis will be triggered by debt deflation in SOVEREIGN bonds… the SENIOR-most debt instrument on the planet and the bedrock of the current financial system.

It will take time for this to unfold, but as I recently told clients of my Private Wealth Advisory newsletter, we’re currently in “late 2007” for the coming crisis.

This is the BLOW OFF TOP stage. And we all know what’s going to follow.

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 coming down the pike when the Everything Bubble bursts.

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let me let you in on a little secret…

Central Bankers don’t actually WANT inflation.

The Fed’s “inflation target of 2%” is a giant ruse. The Fed has no clue how to create or control inflation. They even admitted this in the minutes of the July 2017 FOMC meeting.

So if the Fed has no clue how to create or control inflation… why even bother with a target to begin with?

Because having a “target” gives the Fed some goal that it can claim to pursue, while it papers over declining living standards in the United States.

Put another way, the inflation is a distraction from the real scheme that has been playing out since the early ‘70s.

That scheme involves issuing endless amounts of debt and credit to cover up the fact that incomes are not rising in line with costs of living in the US.

We see this all the time (why are two parents required to work to makes end meet when one parent could cover an entire family back in 1970?) but because the erosion of “quality of life” is so gradual, no one ever flips out.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

The problem with this scheme (issuing endless debt and credit) is that if it persists long enough… REAL inflation hits.

And that is a MASSIVE problem for the Fed.

Why?

Because bonds trade based on inflation. When inflation rises, bond yields rise to account for it.

When bond yields RISE, bond prices FALL.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

Which brings us to today…

As I write this, the yields on Germany’s, the United States’, and Japan’s government bonds are ALL breaking out to the upside having broken multi-year trendlines.

This is a MASSIVE deal. It is telling us that it is getting harder and harder for these countries to service their debt loads.

Eventually this is going to trigger a debt crisis. And when it does, the crisis will be far larger than that of 2008.

It will take time for this to unfold, but as I recently told clients of my Private Wealth Advisory report, 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 coming down the pike when the Everything Bubble bursts.

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let me let you in on a little secret…

Central Bankers don’t actually WANT inflation.

The Fed’s “inflation target of 2%” is a giant ruse. The Fed has no clue how to create or control inflation. They even admitted this in the minutes of the July 2017 FOMC meeting.

So if the Fed has no clue how to create or control inflation… why even bother with a target to begin with?

Because having a “target” gives the Fed some goal that it can claim to pursue, while it papers over declining living standards in the United States.

Put another way, the inflation is a distraction from the real scheme that has been playing out since the early ‘70s.

That scheme involves issuing endless amounts of debt and credit to cover up the fact that incomes are not rising in line with costs of living in the US.

We see this all the time (why are two parents required to work to makes end meet when one parent could cover an entire family back in 1970?) but because the erosion of “quality of life” is so gradual, no one ever flips out.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

The problem with this scheme (issuing endless debt and credit) is that if it persists long enough… REAL inflation hits.

And that is a MASSIVE problem for the Fed.

Why?

Because bonds trade based on inflation. When inflation rises, bond yields rise to account for it.

When bond yields RISE, bond prices FALL.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

Which brings us to today…

As I write this, the yields on Germany’s, the United States’, and Japan’s government bonds are ALL breaking out to the upside having broken multi-year trendlines.

This is a MASSIVE deal. It is telling us that it is getting harder and harder for these countries to service their debt loads.

Eventually this is going to trigger a debt crisis. And when it does, the crisis will be far larger than that of 2008.

It will take time for this to unfold, but as I recently told clients of my Private Wealth Advisory report, 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 coming down the pike when the Everything Bubble bursts.

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Let me let you in on a little secret…

Central Bankers don’t actually WANT inflation.

The Fed’s “inflation target of 2%” is a giant ruse. The Fed has no clue how to create or control inflation. They even admitted this in the minutes of the July 2017 FOMC meeting.

So if the Fed has no clue how to create or control inflation… why even bother with a target to begin with?

Because having a “target” gives the Fed some goal that it can claim to pursue, while it papers over declining living standards in the United States.

Put another way, the inflation is a distraction from the real scheme that has been playing out since the early ‘70s.

That scheme involves issuing endless amounts of debt and credit to cover up the fact that incomes are not rising in line with costs of living in the US.

We see this all the time (why are two parents required to work to makes end meet when one parent could cover an entire family back in 1970?) but because the erosion of “quality of life” is so gradual, no one ever flips out.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

Best of all, this system couldn’t be easier: we only trade one trade, once per week… and we’re CRUSHING the market.

To join us today, take out a 60 day trial subscription.

If you’re not seeing SERIOUS returns within the first 60 days, we’ll issue a full refund, NO QUESTIONS ASKED.

To take out a trial subscription…

CLICK HERE NOW!!!

—————————————————————-

The problem with this scheme (issuing endless debt and credit) is that if it persists long enough… REAL inflation hits.

And that is a MASSIVE problem for the Fed.

Why?

Because bonds trade based on inflation. When inflation rises, bond yields rise to account for it.

When bond yields RISE, bond prices FALL.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

Which brings us to today…

As I write this, the yields on Germany’s, the United States’, and Japan’s government bonds are ALL breaking out to the upside having broken multi-year trendlines.

This is a MASSIVE deal. It is telling us that it is getting harder and harder for these countries to service their debt loads.

Eventually this is going to trigger a debt crisis. And when it does, the crisis will be far larger than that of 2008.

It will take time for this to unfold, but as I recently told clients of my Private Wealth Advisory report, 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 coming down the pike when the Everything Bubble bursts.

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

It’s a good thing that the BLS ignores things like the recent rise in real estate and gas prices when it generates its official inflation numbers…

Why?

Because if the BLS didn’t do this we might actually see that inflation is exploding higher.

This is not conspiracy theory, it is fact. And if you don’t believe me, consider what the homebuilder industry is saying about house prices.

While demand and homebuilding remain solid, the industry is not without its challenges. Construction companies cite a shortage of workers, rising costs for lumber and other building materials and a scarcity of available lots on which to start new projects. Affordability is also becoming a bigger issue as gains in property values outpace income growth and interest rates rise.

Source: Bloomberg.

What do you call it when an asset price that people need rises in value faster than their incomes?

It’s called inflation.

What about gasoline?

Sales at gasoline stations were up almost 12% in April compared to one year ago, reflecting a runup in oil prices that began last summer and accelerated in 2018. The cost of a barrel of oil has climbed above $70 from $45, and it could head higher still with the summer driving season straight ahead.

Put another way, Americans shelled out an extra $4.4 billion for gasoline last month than they did in April 2017, according the government’s latest report on retail sales.

Source: Marketwatch

What do you call it when oil prices rise rapidly resulting in higher energy costs for Americans?

It’s also called inflation.

—————————————————————-

That Makes SEVEN Straight Double Digit Winners!

Our options trading system is on a HOT streak, having locked in SEVEN double digit winners in the last four weeks.

I’m talking gains of 14%, 16%, 20% and 22%… and we held each of them less than 10 days.

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Everywhere you look today, we are seeing signs that inflation is tearing higher. Indeed, the bond market is in an absolutely revolt as yields soar higher to try to match inflation’s rise.

As I write this, the yields on Germany’s, the United States’, and Japan’s fovernment bonds are ALL breaking out to the upside having broken multi-year trendlines.

This is a MASSIVE deal. It is telling us that it is getting harder and harder for these countries to service their debt loads.

The bond bubble is now well north of $200 trillion. And ALL of this requires bond yields staying LOW in order for it to work

Put simply, when bond yields RISE, bond prices FALL.

When bond prices fall, the Bond Bubble bursts.

When the Bond Bubble bursts, the EVERYTHING bubble follows.

It will take time for this to unfold, but as I recently told clients, we’re currently in “late 2007” for the coming crisis.

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

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

https://phoenixcapitalmarketing.com/TEB.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research