Month: December 2018

This might be the single most important series of articles I’ve written all year.

If you have family or friends who are concerned about the markets, forward them these emails.

The global economy is now facing the Perfect Storm. Many are confused by this because neither the economic data nor the media are presenting a picture that is anywhere near as negative as reality.

The reasons for this are that economic data is BACKWARD looking, not predictive… and the media has a vested interest in promoting a rosy picture (their advertising dollars are closely linked to economic growth/ improvement).

Financial markets, on the other hand, are FORWARD looking. And they tend to reflect reality better than most things, especially when the financial system is entering a profound change like we are today.

So what is The Perfect Storm?

Today we’re discussing China.

According to the media, China is the next superpower. We are told incessantly that China owns more of our debt than any other country. Moreover, we are told that China buying up the rest of the world or cutting trade deals that will destroy the $USD.

In reality, the Chinese financial system is teetering on the brink of collapse. The country issues $30 in debt for every $1 in GDP growth.

The debt was taken on by entities that will never pay it back (the country’s BAD loan to GDP ratio is north fo 80%)… and the debt is, for the most part, backed by nothing: time and again, we find that when it comes to collect collateral on a debt transaction in China, there is no collateral.

Imagine a mansion that looks pristine on the outside but is completely rotten inside, with the floors collapsing, mold on the walls, etc. Now imagine that the owner used a fake ID to buy the home and there is no means of finding him or her. Moreover, his or her bank account linked to the home is closed.

That is China today.

The markets know it too… which is why the Chinese stock market has broken its bull market trendline running back to… 1991.

The China Miracle is over.

Guess what’s coming next?

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

This might be the single most important series of articles I’ve written all year.

If you have family or friends who are concerned about the markets, forward them these emails.

The global economy is now facing the Perfect Storm. Many are confused by this because neither the economic data nor the media are presenting a picture that is anywhere near as negative as reality.

The reasons for this are that economic data is BACKWARD looking, not predictive… and the media has a vested interest in promoting a rosy picture (their advertising dollars are closely linked to economic growth/ improvement).

Financial markets, on the other hand, are FORWARD looking. And they tend to reflect reality better than most things, especially when the financial system is entering a profound change like we are today.

So what is The Perfect Storm?

Today we’re discussing China.

According to the media, China is the next superpower. We are told incessantly that China owns more of our debt than any other country. Moreover, we are told that China buying up the rest of the world or cutting trade deals that will destroy the $USD.

In reality, the Chinese financial system is teetering on the brink of collapse. The country issues $30 in debt for every $1 in GDP growth.

The debt was taken on by entities that will never pay it back (the country’s BAD loan to GDP ratio is north fo 80%)… and the debt is, for the most part, backed by nothing: time and again, we find that when it comes to collect collateral on a debt transaction in China, there is no collateral.

Imagine a mansion that looks pristine on the outside but is completely rotten inside, with the floors collapsing, mold on the walls, etc. Now imagine that the owner used a fake ID to buy the home and there is no means of finding him or her. Moreover, his or her bank account linked to the home is closed.

That is China today.

The markets know it too… which is why the Chinese stock market has broken its bull market trendline running back to… 1991.

The China Miracle is over.

Guess what’s coming next?

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

This might be the single most important series of articles I’ve written all year.

If you have family or friends who are concerned about the markets, forward them these emails.

The global economy is now facing the Perfect Storm. Many are confused by this because neither the economic data nor the media are presenting a picture that is anywhere near as negative as reality.

The reasons for this are that economic data is BACKWARD looking, not predictive… and the media has a vested interest in promoting a rosy picture (their advertising dollars are closely linked to economic growth/ improvement).

Financial markets, on the other hand, are FORWARD looking. And they tend to reflect reality better than most things, especially when the financial system is entering a profound change like we are today.

So what is The Perfect Storm?

Today we’re discussing China.

According to the media, China is the next superpower. We are told incessantly that China owns more of our debt than any other country. Moreover, we are told that China buying up the rest of the world or cutting trade deals that will destroy the $USD.

In reality, the Chinese financial system is teetering on the brink of collapse. The country issues $30 in debt for every $1 in GDP growth.

The debt was taken on by entities that will never pay it back (the country’s BAD loan to GDP ratio is north fo 80%)… and the debt is, for the most part, backed by nothing: time and again, we find that when it comes to collect collateral on a debt transaction in China, there is no collateral.

Imagine a mansion that looks pristine on the outside but is completely rotten inside, with the floors collapsing, mold on the walls, etc. Now imagine that the owner used a fake ID to buy the home and there is no means of finding him or her. Moreover, his or her bank account linked to the home is closed.

That is China today.

The markets know it too… which is why the Chinese stock market has broken its bull market trendline running back to… 1991.

The China Miracle is over.

Guess what’s coming next?

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

This might be the single most important series of articles I’ve written all year.

If you have family or friends who are concerned about the markets, forward them these emails.

The global economy is now facing the Perfect Storm. Many are confused by this because neither the economic data nor the media are presenting a picture that is anywhere near as negative as reality.

The reasons for this are that economic data is BACKWARD looking, not predictive… and the media has a vested interest in promoting a rosy picture (their advertising dollars are closely linked to economic growth/ improvement).

Financial markets, on the other hand, are FORWARD looking. And they tend to reflect reality better than most things, especially when the financial system is entering a profound change like we are today.

So what is The Perfect Storm?

Today we’re discussing China.

According to the media, China is the next superpower. We are told incessantly that China owns more of our debt than any other country. Moreover, we are told that China buying up the rest of the world or cutting trade deals that will destroy the $USD.

In reality, the Chinese financial system is teetering on the brink of collapse. The country issues $30 in debt for every $1 in GDP growth.

The debt was taken on by entities that will never pay it back (the country’s BAD loan to GDP ratio is north fo 80%)… and the debt is, for the most part, backed by nothing: time and again, we find that when it comes to collect collateral on a debt transaction in China, there is no collateral.

Imagine a mansion that looks pristine on the outside but is completely rotten inside, with the floors collapsing, mold on the walls, etc. Now imagine that the owner used a fake ID to buy the home and there is no means of finding him or her. Moreover, his or her bank account linked to the home is closed.

That is China today.

The markets know it too… which is why the Chinese stock market has broken its bull market trendline running back to… 1991.

The China Miracle is over.

Guess what’s coming next?

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

This might be the single most important series of articles I’ve written all year.

If you have family or friends who are concerned about the markets, forward them these emails.

The global economy is now facing the Perfect Storm. Many are confused by this because neither the economic data nor the media are presenting a picture that is anywhere near as negative as reality.

The reasons for this are that economic data is BACKWARD looking, not predictive… and the media has a vested interest in promoting a rosy picture (their advertising dollars are closely linked to economic growth/ improvement).

Financial markets, on the other hand, are FORWARD looking. And they tend to reflect reality better than most things, especially when the financial system is entering a profound change like we are today.

So what is The Perfect Storm?

Today we’re discussing China.

According to the media, China is the next superpower. We are told incessantly that China owns more of our debt than any other country. Moreover, we are told that China buying up the rest of the world or cutting trade deals that will destroy the $USD.

In reality, the Chinese financial system is teetering on the brink of collapse. The country issues $30 in debt for every $1 in GDP growth.

The debt was taken on by entities that will never pay it back (the country’s BAD loan to GDP ratio is north fo 80%)… and the debt is, for the most part, backed by nothing: time and again, we find that when it comes to collect collateral on a debt transaction in China, there is no collateral.

Imagine a mansion that looks pristine on the outside but is completely rotten inside, with the floors collapsing, mold on the walls, etc. Now imagine that the owner used a fake ID to buy the home and there is no means of finding him or her. Moreover, his or her bank account linked to the home is closed.

That is China today.

The markets know it too… which is why the Chinese stock market has broken its bull market trendline running back to… 1991.

The China Miracle is over.

Guess what’s coming next?

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The Everything Bubble has officially burst.

We have now reached the point at which systemically important debt instruments are collapsing. It is one thing is a relatively small debt bubble (say, subprime auto loans) goes bust… it is an entirely DIFFERENT matter if a more senior debt instruments such as leveraged loans or corporate debt goes bust.

As of last week, they have.

The leveraged loan market bas officially blown up. The bull market here is OVER. Things are actually so bad that banks are pulling deals because they are unable to sell loans to investors anymore.

This collapse is not reserved to just leveraged loans. The ENTIRE investment grade corporate bond market has broken its bull market trendline running back to 2010.

 If you think stocks are immune to this, you’re mistaken. The bull market there is ALSO over. The financial media is polishing the brass on the titanic. This whole mess is going DOWN.

Guess what’s coming next?

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Yesterday’s bounce was yet another example of why bear markets are so difficult to navigate. Everyone is so excited that President Trump might be able to cut a deal with China… that they’re buying stocks without looking at the BIG PICTURE.

And it’s going to cost them

The BIG PICTURE is that a trade deal with China is not important for the financial system.

The fact is that for 10 years the financial system was controlled by Central Banks. Whether we’re talking about sovereign bonds, corporate bonds, municipal bonds, and yes, even stocks, Central Banks were directly involved in that asset class via monetary policy.

The idea that this could END and the financial system wouldn’t experience a MASSIVE drop in asset prices is ludicrous. It would be like flying in an airplane and expecting that you will maintain the same altitude with only one engine.

And the markets KNOW IT.

If you don’t believe me, consider that the S&P 500 has formed a CLEAR Head and Shoulders topping pattern.

Now consider what the Russell 2000, which leads the S&P 500, is saying is coming next.

Now consider what Housing, which is CRITICAL to the economy, suggests is the REAL state of affairs.

Guess what’s coming next?

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Yesterday’s bounce was yet another example of why bear markets are so difficult to navigate. Everyone is so excited that President Trump might be able to cut a deal with China… that they’re buying stocks without looking at the BIG PICTURE.

And it’s going to cost them

The BIG PICTURE is that a trade deal with China is not important for the financial system.

The fact is that for 10 years the financial system was controlled by Central Banks. Whether we’re talking about sovereign bonds, corporate bonds, municipal bonds, and yes, even stocks, Central Banks were directly involved in that asset class via monetary policy.

The idea that this could END and the financial system wouldn’t experience a MASSIVE drop in asset prices is ludicrous. It would be like flying in an airplane and expecting that you will maintain the same altitude with only one engine.

And the markets KNOW IT.

If you don’t believe me, consider that the S&P 500 has formed a CLEAR Head and Shoulders topping pattern.

Now consider what the Russell 2000, which leads the S&P 500, is saying is coming next.

Now consider what Housing, which is CRITICAL to the economy, suggests is the REAL state of affairs.

Guess what’s coming next?

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Yesterday’s bounce was yet another example of why bear markets are so difficult to navigate. Everyone is so excited that President Trump might be able to cut a deal with China… that they’re buying stocks without looking at the BIG PICTURE.

And it’s going to cost them

The BIG PICTURE is that a trade deal with China is not important for the financial system.

The fact is that for 10 years the financial system was controlled by Central Banks. Whether we’re talking about sovereign bonds, corporate bonds, municipal bonds, and yes, even stocks, Central Banks were directly involved in that asset class via monetary policy.

The idea that this could END and the financial system wouldn’t experience a MASSIVE drop in asset prices is ludicrous. It would be like flying in an airplane and expecting that you will maintain the same altitude with only one engine.

And the markets KNOW IT.

If you don’t believe me, consider that the S&P 500 has formed a CLEAR Head and Shoulders topping pattern.

Now consider what the Russell 2000, which leads the S&P 500, is saying is coming next.

Now consider what Housing, which is CRITICAL to the economy, suggests is the REAL state of affairs.

Guess what’s coming next?

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The last two times this signal hit were:

Ignore the headlines, the next crisis is here.

A trade deal, even if one appears, won’t stop what’s coming. One of our proprietary “crisis” triggers just hit.

This trigger has only signaled TWO other times in the last 30 years. Every single time it was just before a crisis hit.

I’m talking about the ratio between the S&P 500 and the $USD.

Here’s how it works… we all know that the Fed’s primary strategy to maintain the system is to devalue the $USD in order to inflate asset prices.

As a result of this, during bubbles, stocks dramatically outperform the $USD as they soar higher courtesy of Fed easy money.

When this trend ends, and the $USD begins to outperform stocks, the cycle is OVER. As you can see in the chart below, this has caught EVERY SINGLE crisis since the early ‘90s.

The last two times this signal hit were:

April 2001, within three weeks of the EXACT top for stocks.

December 2007, within three weeks of the EXACT top for stocks.

And it’s just hit today… as the below chart shows.

Guess what’s coming next?

If you are not already preparing for this, NOW is the time to do so.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The last two times this signal hit were:

Ignore the headlines, the next crisis is here.

A trade deal, even if one appears, won’t stop what’s coming. One of our proprietary “crisis” triggers just hit.

This trigger has only signaled TWO other times in the last 30 years. Every single time it was just before a crisis hit.

I’m talking about the ratio between the S&P 500 and the $USD.

Here’s how it works… we all know that the Fed’s primary strategy to maintain the system is to devalue the $USD in order to inflate asset prices.

As a result of this, during bubbles, stocks dramatically outperform the $USD as they soar higher courtesy of Fed easy money.

When this trend ends, and the $USD begins to outperform stocks, the cycle is OVER. As you can see in the chart below, this has caught EVERY SINGLE crisis since the early ‘90s.

The last two times this signal hit were:

April 2001, within three weeks of the EXACT top for stocks.

December 2007, within three weeks of the EXACT top for stocks.

And it’s just hit today… as the below chart shows.

Guess what’s coming next?

If you are not already preparing for this, NOW is the time to do so.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The last two times this signal hit were:

Ignore the headlines, the next crisis is here.

A trade deal, even if one appears, won’t stop what’s coming. One of our proprietary “crisis” triggers just hit.

This trigger has only signaled TWO other times in the last 30 years. Every single time it was just before a crisis hit.

I’m talking about the ratio between the S&P 500 and the $USD.

Here’s how it works… we all know that the Fed’s primary strategy to maintain the system is to devalue the $USD in order to inflate asset prices.

As a result of this, during bubbles, stocks dramatically outperform the $USD as they soar higher courtesy of Fed easy money.

When this trend ends, and the $USD begins to outperform stocks, the cycle is OVER. As you can see in the chart below, this has caught EVERY SINGLE crisis since the early ‘90s.

The last two times this signal hit were:

April 2001, within three weeks of the EXACT top for stocks.

December 2007, within three weeks of the EXACT top for stocks.

And it’s just hit today… as the below chart shows.

Guess what’s coming next?

If you are not already preparing for this, NOW is the time to do so.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The last two times this signal hit were:

Ignore the headlines, the next crisis is here.

A trade deal, even if one appears, won’t stop what’s coming. One of our proprietary “crisis” triggers just hit.

This trigger has only signaled TWO other times in the last 30 years. Every single time it was just before a crisis hit.

I’m talking about the ratio between the S&P 500 and the $USD.

Here’s how it works… we all know that the Fed’s primary strategy to maintain the system is to devalue the $USD in order to inflate asset prices.

As a result of this, during bubbles, stocks dramatically outperform the $USD as they soar higher courtesy of Fed easy money.

When this trend ends, and the $USD begins to outperform stocks, the cycle is OVER. As you can see in the chart below, this has caught EVERY SINGLE crisis since the early ‘90s.

The last two times this signal hit were:

April 2001, within three weeks of the EXACT top for stocks.

December 2007, within three weeks of the EXACT top for stocks.

And it’s just hit today… as the below chart shows.

Guess what’s coming next?

If you are not already preparing for this, NOW is the time to do so.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

The last two times this signal hit were:

Ignore the headlines, the next crisis is here.

A trade deal, even if one appears, won’t stop what’s coming. One of our proprietary “crisis” triggers just hit.

This trigger has only signaled TWO other times in the last 30 years. Every single time it was just before a crisis hit.

I’m talking about the ratio between the S&P 500 and the $USD.

Here’s how it works… we all know that the Fed’s primary strategy to maintain the system is to devalue the $USD in order to inflate asset prices.

As a result of this, during bubbles, stocks dramatically outperform the $USD as they soar higher courtesy of Fed easy money.

When this trend ends, and the $USD begins to outperform stocks, the cycle is OVER. As you can see in the chart below, this has caught EVERY SINGLE crisis since the early ‘90s.

The last two times this signal hit were:

April 2001, within three weeks of the EXACT top for stocks.

December 2007, within three weeks of the EXACT top for stocks.

And it’s just hit today… as the below chart shows.

Guess what’s coming next?

If you are not already preparing for this, NOW is the time to do so.

On that note we just published a 21-page investment report titled Stock Market Crash Survival Guide.

In it, we outline precisely how the crash will unfold as well as which investments will perform best during a stock market crash.

Today is the last day this report will be available to the public. We extended the deadline based on yesterday’s sucker rally, but this it IT… no more extensions.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research