The 90 Day Debt Holiday is Ending… Now Comes the Bankruptcies

We are now entering the time in which the true structural damage caused by the COVID-19 pandemic will be revealed.

Back in April when the economy was on lockdown, it became clear that many large businesses were in serious trouble. I’m specifically talking about restaurants, commercial real estate and retail. At that time, multiple large chains informed their lenders that they would NOT be paying rent in April.

Cheesecake Factory, Subway, other major retailers tell landlords they cant pay April rent due to coronavirus

   Source: Yahoo! Finance. 

To deal with this issue, the banks and large financial institutions gave their borrowers 90-day forbearances on their debt payments… meaning those groups wouldn’t be required to make debt payments for 90 days.

Put another way, the banks told these businesses “don’t worry about making any debt payments for 90 days… but come July you’ll have to start paying us again.”

That was in APRIL… exactly 90 days ago.

Which means… these same businesses will now have to start making debt payments again. And if they have not TRULY recovered from the economic shutdown… we’re about to see a TSUNAMI of defaults and bankruptcies, as well as layoffs and shutdowns. 

This process has already begun as the below headlines reveal:

Wells Fargo reportedly preparing to cut thousands of jobs

United Airlines warns it could furlough 36,000 employees by Oct. 1 as demand remains low

Storied apparel brand Brooks Brothers files for bankruptcy as it seeks a buyer and closes dozens of stores

Muji files for bankruptcy

GNC files for bankruptcy and will close up to 1,200 stores

24 Hour Fitness files for bankruptcy, closes more than 100 gyms

It’s only going to get worse from here on out.

Smart investors are already taking steps to profit from the next major downturn in the markets.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are just 9 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Debt Bomb | Comments Off on The 90 Day Debt Holiday is Ending… Now Comes the Bankruptcies

The Fuse is Now Lit on a $10 Trillion Debt Bomb


We are now entering the time in which the true structural damage caused by the COVID-19 pandemic will be revealed.

Back in April when the economy was on lockdown, it became clear that many large businesses were in serious trouble. I’m specifically talking about restaurants, commercial real estate and retail. At that time, multiple large chains informed their lenders that they would NOT be paying rent in April.

Cheesecake Factory, Subway, other major retailers tell landlords they cant pay April rent due to coronavirus

   Source: Yahoo! Finance. 

To deal with this issue, the banks and large financial institutions gave their borrowers 90-day forbearances on their debt payments… meaning those groups wouldn’t be required to make debt payments for 90 days.

Put another way, the banks told these businesses “don’t worry about making any debt payments for 90 days… but come July you’ll have to start paying us again.”

That was in APRIL… exactly 90 days ago.

Which means… these same businesses will now have to start making debt payments again. And if they have not TRULY recovered from the economic shutdown… we’re about to see a TSUNAMI of defaults and bankruptcies, as well as layoffs and shutdowns. 

This process has already begun as the below headlines reveal:

Wells Fargo reportedly preparing to cut thousands of jobs

United Airlines warns it could furlough 36,000 employees by Oct. 1 as demand remains low

Storied apparel brand Brooks Brothers files for bankruptcy as it seeks a buyer and closes dozens of stores

Muji files for bankruptcy

GNC files for bankruptcy and will close up to 1,200 stores

24 Hour Fitness files for bankruptcy, closes more than 100 gyms

It’s only going to get worse from here on out.

Smart investors are already taking steps to profit from the next major downturn in the markets.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are just 9 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Debt Bomb | Comments Off on The Fuse is Now Lit on a $10 Trillion Debt Bomb

Is the Fed About to Crash the Markets? And Why Would It Do This?

Yesterday I warned that the Fed is “pulling the plug” on the markets.

The explanation for this is simple. The primary driver of the stock market since the March bottom has been the EXTRAORDINARY amount of liquidity the Fed has pumped into the financial system

All told the Fed has printed over $3 trillion and funneled it into the financial system since February. 

THIS is what has pushed stocks straight up week after week.

Which is why everyone should be concerned that the Fed has stopped doing this. Indeed, as I noted yesterday, the Fed has shrunk its balance sheet since the beginning of June.

GPC7920.png

It is not coincidence that the S&P 500 peaked around that date.

GPC79202.png

Which is why yesterday’s Fed release should give every investor “pause.”

Yesterday the Fed revealed that it shrank its balance sheet by a whopping $88 billion. Of this, $46 billion was in currency swaps (this is to be expected). Which means…

The Fed drained $42 billion in liquidity from the financial system last week. This comes on the heels of the $24 billion the Fed drained from the system the week before.

What do you think will happen to stocks when they wake up to the fact the Fed isn’t providing weekly liquidity pumps to the tune of $25 billion or more?

Hint: it won’t be pretty.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 17 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Is the Fed About to Crash the Markets? And Why Would It Do This?

Warning: The Fed’s Balance Sheet Has Fallen For FIVE Weeks Straight

Yesterday I warned that the Fed is “pulling the plug” on the markets.

The explanation for this is simple. The primary driver of the stock market since the March bottom has been the EXTRAORDINARY amount of liquidity the Fed has pumped into the financial system

All told the Fed has printed over $3 trillion and funneled it into the financial system since February. 

THIS is what has pushed stocks straight up week after week.

Which is why everyone should be concerned that the Fed has stopped doing this. Indeed, as I noted yesterday, the Fed has shrunk its balance sheet since the beginning of June.

GPC7920.png

It is not coincidence that the S&P 500 peaked around that date.

GPC79202.png

Which is why yesterday’s Fed release should give every investor “pause.”

Yesterday the Fed revealed that it shrank its balance sheet by a whopping $88 billion. Of this, $46 billion was in currency swaps (this is to be expected). Which means…

The Fed drained $42 billion in liquidity from the financial system last week. This comes on the heels of the $24 billion the Fed drained from the system the week before and brings its balance sheet back below $7 trillion.

What do you think will happen to stocks when they wake up to the fact the Fed isn’t providing weekly liquidity pumps to the tune of $25 billion or more?

Hint: it won’t be pretty.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 17 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Warning: The Fed’s Balance Sheet Has Fallen For FIVE Weeks Straight

Buckle Up… the Fed Just DRAINED $42 Billion in Liquidity From the System


Yesterday I warned that the Fed is “pulling the plug” on the markets.

The explanation for this is simple. The primary driver of the stock market since the March bottom has been the EXTRAORDINARY amount of liquidity the Fed has pumped into the financial system

All told the Fed has printed over $3 trillion and funneled it into the financial system since February. 

THIS is what has pushed stocks straight up week after week.

Which is why everyone should be concerned that the Fed has stopped doing this. Indeed, as I noted yesterday, the Fed has shrunk its balance sheet since the beginning of June.

GPC7920.png

It is not coincidence that the S&P 500 peaked around that date.

GPC79202.png

Which is why yesterday’s Fed release should give every investor “pause.”

Yesterday the Fed revealed that it shrank its balance sheet by a whopping $88 billion. Of this, $46 billion was in currency swaps (this is to be expected). Which means…

The Fed drained $42 billion in liquidity from the financial system last week. This comes on the heels of the $24 billion the Fed drained from the system the week before.

What do you think will happen to stocks when they wake up to the fact the Fed isn’t providing weekly liquidity pumps to the tune of $25 billion or more?

Hint: it won’t be pretty.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 17 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Buckle Up… the Fed Just DRAINED $42 Billion in Liquidity From the System

Is the Fed Preparing to Silently End QE?

The Fed is preparing to pull the plug on the markets.

Quietly and with little notice, the Fed balance sheet has begun shrinking. Indeed, it started in early June 2020.

It is not coincidence that the S&P 500 peaked around that date.

Much of the prior contractions were due to the Fed reducing its currency swaps. However, this last week, the Fed actually drained $24 billion in liquidity from the system.

This is a BIG NEGATIVE for stocks.

Moreover, the head of the NY Fed’s Markets Group, (the man who in charge of doing the actual buying involved in the Fed’s QE programs) made a speech indicating that the Fed is planning on reducing its QE programs soon. 

Since the SMCCF’s launch, as market functioning has improved, we have slowed the pace of purchases, from about $300 million per day to a bit under $200 million a day. If market conditions continue to improve, Fed purchases could slow further, potentially reaching very low levels or stopping entirely.

Source: The New York Fed.

So the Fed is literally warning us that if the markets continue to rally, the Fed is going to “pull the plug” on QE.

Buckle up.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 29 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on Is the Fed Preparing to Silently End QE?

Warning: The Fed is About to “Pull the Plug” on the Markets


The Fed is preparing to pull the plug on the markets.

Quietly and with little notice, the Fed balance sheet has begun shrinking. Indeed, it started in early June 2020.

It is not coincidence that the S&P 500 peaked around that date.

Much of the prior contractions were due to the Fed reducing its currency swaps. However, this last week, the Fed actually drained $24 billion in liquidity from the system.

This is a BIG NEGATIVE for stocks.

Moreover, the head of the NY Fed’s Markets Group, (the man who in charge of doing the actual buying involved in the Fed’s QE programs) made a speech indicating that the Fed is planning on reducing its QE programs soon. 

Since the SMCCF’s launch, as market functioning has improved, we have slowed the pace of purchases, from about $300 million per day to a bit under $200 million a day. If market conditions continue to improve, Fed purchases could slow further, potentially reaching very low levels or stopping entirely.

Source: The New York Fed.

So the Fed is literally warning us that if the markets continue to rally, the Fed is going to “pull the plug” on QE.

Buckle up.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

We made 100 copies available to the public.

As I write this, there are 29 left.

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on Warning: The Fed is About to “Pull the Plug” on the Markets

What Are the Downside Targets For the Correction?

Stocks are down this morning.

We are due for a retrenchment. Stocks have just staged a breakout to the upside from a triangle formation (blue lines in the chart below). This breakout has brought stocks right into overhead resistance (red line in the chart below). So it’s not strange to see stocks drop here.

It is perfectly normal to see stocks drop to retest the breakout. The question is how far do they drop… and is this a buying opportunity or not?

Regarding the first half of that question, I’ve drawn the major lines of support in the chart below (green lines). As I write this Tuesday morning, stock futures are already testing the top green line at 3,148.

The larger concern is that the upwards breakout didn’t see stocks hit new highs. This opens the door to this being a false breakout. And false breakouts typically lead to sharp violent moves in the opposite direction.

If this proves to be the case, we could easily see stocks drop to test 2,950 or even 2,880 on the S&P 500. That would mean an 8%-10% for the S&P 500 (red lines in the chart below).

However, the drop would likely feel MUCH worse for many stocks. Take a look at high flying momentum stock Shopify (SHOP) to see what I mean. It’s already down 4% in a single day and the next lines of support are either a 12% drop or a 20% drop.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on What Are the Downside Targets For the Correction?

The Next Leg Down Starts Now… Are You Ready?


Stocks are down this morning.

We are due for a retrenchment. Stocks have just staged a breakout to the upside from a triangle formation (blue lines in the chart below). This breakout has brought stocks right into overhead resistance (red line in the chart below). So it’s not strange to see stocks drop here.

It is perfectly normal to see stocks drop to retest the breakout. The question is how far do they drop… and is this a buying opportunity or not?

Regarding the first half of that question, I’ve drawn the major lines of support in the chart below (green lines). As I write this Tuesday morning, stock futures are already testing the top green line at 3,148.

The larger concern is that the upwards breakout didn’t see stocks hit new highs. This opens the door to this being a false breakout. And false breakouts typically lead to sharp violent moves in the opposite direction.

If this proves to be the case, we could easily see stocks drop to test 2,950 or even 2,880 on the S&P 500. That would mean an 8%-10% for the S&P 500 (red lines in the chart below).

However, the drop would likely feel MUCH worse for many stocks. Take a look at high flying momentum stock Shopify (SHOP) to see what I mean. It’s already down 4% in a single day and the next lines of support are either a 12% drop or a 20% drop.

In light of this, we’ve reopened our Stock Market Crash Survival Guide to the general public.

Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).

To pick up your copy of this report, FREE, swing by:

http://phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market StrategistParagraph

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on The Next Leg Down Starts Now… Are You Ready?

“Minnie Mouse” Wants a Wealth Tax!?!


The elites are now recruiting celebrity figureheads to push the narrative that a wealth tax would be a wonderful thing.

The latest celebrity to sign on to this is Abigail Disney, the granddaughter of Ron. O Disney, who created the beloved theme park and cartoon characters along with her great Uncle Walt Disney.

In a recent interview with Bloomberg, Abigail Disney stated:

Republicans consistently and Democrats less consistently have pushed the idea that government is bad… and that money is always best in the hands of private individuals… on an abstract level all of that is well and good but we starve state governments and city governments…

We need a wealth tax. I frankly believe Elizabeth Warren is completely right about that. I think it is very easy to talk about a 1% or a 2% wealth tax that would generate so much value in the economy.

Source: Bloomberg.

This is how these kinds of ideas are always introduced to the general public. It’s always about performing a 1% or 2% wealth tax at first… solely by taxing the super wealthy.

After all, who could be against that?

Newsflash: A 2% wealth tax on the top 1% of the US would generate $500 billion in tax revenues at most (assuming the army of lawyers the super wealthy employ can’t find loopholes to avoid paying this).

$500 billion. Now that sounds like a ton of money until you realize just how much money the political elite are already spending.

The US is on track to run a $4 trillion deficit this year. $500 billion in extra tax revenues would plug the deficit for three months at best.

Of course, this year is an exception in that the US is running this massive deficit because of the enormous stimulus programs it implemented to counteract the economic damage from the COVID-19 shutdown.

So let’s use a different year.

Looking over the last 10 years, the SMALLEST deficit the US has run was $441 billion. So, a 2% wealth tax  on the top 1% of Americans’ wealth would cover the US deficit for a year.

One year. Nothing more. And that 2% in wealth tax is gone.

Bear in mind, this is just the deficit we’re talking about. The US has over $26 trillion in public debt. In this context, $500 billion in extra tax revenues is a joke.

And that’s the point. Ms. Disney and others like her are pushing this idea because the only way the public would go for it, is if it’s about targeting the super-rich.

The reality is that elites want to tax EVERYONE.

The IMF, which Ms. Disney has quoted in a letter concerning wealth inequality, wants a 10% wealth tax on NET WEALTH for everyone.

Yes, not a 1% tax, not a 2% tax, but a 10% tax.

And not on billionaires or multi-millionaires, but EVERYONE.

So, if you have more assets than debt on your personal balance sheet, the IMF wants you to pay 10% of that difference.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites are introducing this ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on “Minnie Mouse” Wants a Wealth Tax!?!

How the Elites Will Sell Us on Implementing a Wealth Tax in the US


The elites are now recruiting celebrity figureheads to push the narrative that a wealth tax would be a wonderful thing.

The latest celebrity to sign on to this is Abigail Disney, the granddaughter of Ron. O Disney, who created the beloved theme park and cartoon characters along with her great Uncle Walt Disney.

In a recent interview with Bloomberg, Abigail Disney stated:

Republicans consistently and Democrats less consistently have pushed the idea that government is bad… and that money is always best in the hands of private individuals… on an abstract level all of that is well and good but we starve state governments and city governments…

We need a wealth tax. I frankly believe Elizabeth Warren is completely right about that. I think it is very easy to talk about a 1% or a 2% wealth tax that would generate so much value in the economy.

Source: Bloomberg.

This is how these kinds of ideas are always introduced to the general public. It’s always about performing a 1% or 2% wealth tax at first… solely by taxing the super wealthy.

After all, who could be against that?

Newsflash: A 2% wealth tax on the top 1% of the US would generate $500 billion in tax revenues at most (assuming the army of lawyers the super wealthy employ can’t find loopholes to avoid paying this).

$500 billion. Now that sounds like a ton of money until you realize just how much money the political elite are already spending.

The US is on track to run a $4 trillion deficit this year. $500 billion in extra tax revenues would plug the deficit for three months at best.

Of course, this year is an exception in that the US is running this massive deficit because of the enormous stimulus programs it implemented to counteract the economic damage from the COVID-19 shutdown.

So let’s use a different year.

Looking over the last 10 years, the SMALLEST deficit the US has run was $441 billion. So, a 2% wealth tax  on the top 1% of Americans’ wealth would cover the US deficit for a year.

One year. Nothing more. And that 2% in wealth tax is gone.

Bear in mind, this is just the deficit we’re talking about. The US has over $26 trillion in public debt. In this context, $500 billion in extra tax revenues is a joke.

And that’s the point. Ms. Disney and others like her are pushing this idea because the only way the public would go for it, is if it’s about targeting the super-rich.

The reality is that elites want to tax EVERYONE.

The IMF, which Ms. Disney has quoted in a letter concerning wealth inequality, wants a 10% wealth tax on NET WEALTH for everyone.

Yes, not a 1% tax, not a 2% tax, but a 10% tax.

And not on billionaires or multi-millionaires, but EVERYONE.

So, if you have more assets than debt on your personal balance sheet, the IMF wants you to pay 10% of that difference.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites are introducing this ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in It's a Bull Market | Comments Off on How the Elites Will Sell Us on Implementing a Wealth Tax in the US

Why the IMF Wants to Tax 10% of NET WEALTH For Everyone

Whether or not you know it, wealth taxes are coming to the US.

The media is largely silent on this topic, but the moves are already being made on a state level.

New York is one of the wealthiest, most progressive states in the US. As such, what happens there is often a blueprint for what the Elites want to implement nationwide. We saw this recently with police reform bills.

With that in mind, consider that New York’s state government is considering the following options:

1)    A billionaire’s tax.

2)    A multi-millionaire’s tax.

3)    A tax on stock buybacks.

4)    A tax on luxury second and third homes.

As is usually the case, the elites are targeting a particular sliver or society (in this case the “super wealthy”) in order to introduce legislation that would never be accepted otherwise.

After all, if policy makers were to openly call for a 10% tax on NET WEALTH for EVERYONE, no one would go along with it.

But that’s precisely what they want to do. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Related

Posted in Central Bank Insanity | Comments Off on Why the IMF Wants to Tax 10% of NET WEALTH For Everyone

NY Provides the Blueprint For How the Elite Will Introduce Wealth Taxes and Cash Grabs to the US


Whether or not you know it, wealth taxes are coming to the US.

The media is largely silent on this topic, but the moves are already being made on a state level.

New York is one of the wealthiest, most progressive states in the US. As such, what happens there is often a blueprint for what the Elites want to implement nationwide. We saw this recently with police reform bills.

With that in mind, consider that New York’s state government is considering the following options:

1)    A billionaire’s tax.

2)    A multi-millionaire’s tax.

3)    A tax on stock buybacks.

4)    A tax on luxury second and third homes.

As is usually the case, the elites are targeting a particular sliver or society (in this case the “super wealthy”) in order to introduce legislation that would never be accepted otherwise.

After all, if policy makers were to openly call for a 10% tax on NET WEALTH for EVERYONE, no one would go along with it.

But that’s precisely what they want to do. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

If you think this sounds like a “conspiracy theory” we’ve actually uncovered a secret document outlining exactly how the elites plan to do this. It was written by a man who has served as an advisor to THREE separate central banks.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 7 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on NY Provides the Blueprint For How the Elite Will Introduce Wealth Taxes and Cash Grabs to the US

Warning: The IMF Wants a 10% Tax on NET WEALTH As Soon As Possible

Lost amidst all the talk of a second wave of Covid-19, more economic shutdowns, and even greater stimulus is one simple but incredibly important question…

Just who is going to pay for all of this?!?!

The US was already ~$23 trillion in debt BEFORE the economy was shut down. That put our Debt to GDP ratio at 105%. And we’ve since added $3 trillion more bringing our total debt load to over $26 trillion.

Now the government is talking about introducing another even larger $2.5 trillion stimulus program. If this passes, we could easily add $6 trillion in national debt this year.

This will work temporarily, as the bond market is showing tremendous demand for US debt based on safe haven buying and fears of continued economic weakness.

However, at some point, the elites who run this country will begin looking for new sources of capital to finance their schemes. If history has shown us anything, it’s that once the government seizes power, it rarely gives it back.

So, you can expect wealth taxes, cash grabs and worse in the coming months and years. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 29 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Warning: The IMF Wants a 10% Tax on NET WEALTH As Soon As Possible

The Dark Truth About How the Elites Plan to Fund the Debt and Deficits

Lost amidst all the talk of a second wave of Covid-19, more economic shutdowns, and even greater stimulus is one simple but incredibly important question…

Just who is going to pay for all of this?!?!

The US was already ~$23 trillion in debt BEFORE the economy was shut down. That put our Debt to GDP ratio at 105%. And we’ve since added $3 trillion more bringing our total debt load to over $26 trillion.

Now the government is talking about introducing another even larger $2.5 trillion stimulus program. If this passes, we could easily add $6 trillion in national debt this year.

This will work temporarily, as the bond market is showing tremendous demand for US debt based on safe haven buying and fears of continued economic weakness.

However, at some point, the elites who run this country will begin looking for new sources of capital to finance their schemes. If history has shown us anything, it’s that once the government seizes power, it rarely gives it back.

So, you can expect wealth taxes, cash grabs and worse in the coming months and years. The IMF has already called for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible.

The reasoning?

To shore up sovereign balance sheets (reduce debt levels).

The Elites will introduce these ideas as new proposals based on “fairness” or “helping America out” but the reality is that the Powers That Be have been working on this for well nearly a decade.

Did you know that in 2011, the US passed legislation that would allow regulators to:

1)    Freeze bank accounts and use them to “bail-in” financial institutions/ banks.

2)    Close the “gates” on investment funds/ money market funds to stop you from getting your money out.

3)    Impose wealth taxes and seize unused assets.

If you think that’s bad, consider that the Fed plans to both seize and STEAL savings during the next crisis/ recession.

We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.

We are making just 100 copies available for FREE the general public.

As I write this there are 29 remaining.

Receive a daily recap featuring a curated list of must-read stories.

You can pick up a FREE copy at:

https://phoenixcapitalmarketing.com/GWG.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on The Dark Truth About How the Elites Plan to Fund the Debt and Deficits

The #1 Question I am Receiving From Readers

Could the markets crash again?

This is the #1 question I’m receiving from subscribers. When I ask them why they’re concerned, the #1 explanation is that the economy is in a recession/depression and yet stocks are close to or have already hit new all-time highs.

Let’s dissect this way of thinking…

First and foremost, we need to dispel the myth that the stock market and the economy are closely related.

As Puru Saxena has noted, between 1972 and 1982, the US economy nearly tripled in size from $1.2 trillion to $3.2 trillion. And yet, throughout that entire period the stock market traded sideways for ZERO GAINS!

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

In contrast, from 1982 to 2000, the US economy again nearly tripled in size from $3.2 trillion to $10 trillion. But during this particular time, the stock market exploded higher rising nearly 1,500%!

So, we have two time periods in which the economy nearly tripled in size. During one of them, the stock market went nowhere, while during the other, the stock market rose nearly 1,500%.

Again, stocks have little if any correlation to the economy. There are times when stocks will care a lot about the economy, but those time periods are usually short and due to an unexpected surprise (like the surprise of the economy being shut down to deal with the COVID-19 pandemic).

So, what do stocks care about?

Liquidity.

Historically, whenever central banks start printing money at a rapid clip, stocks do well. A great example of this is the time period from 2008 to 2016 when the economy was weak at best and flatlining at worst. But because the Fed printed over $3.5 trillion during this time period, socks soared, rising over 100%.

Which brings us to today… stocks are rallying hard yet again, despite the economy being extremely weak.

The reason for this is because of the TSUNAMI of liquidity policymakers are throwing at the financial system.

Central Banks alone have printed over $5 trillion in the last three months. Much of this money has found its way into the stock market. 

On top of this, G-10 governments have implemented fiscal stimulus programs ranging from 5% (Norway) to over 35% of (Germany and Italy) of their historic revenue and spending budgets!

Put another way, trillions upon trillions of dollar/s yen/ euros/ pounds have been printed and funneled into the financial system. This is sending stocks through the roof. And unless we get another nasty economic shock to the downside, this trend will likely continue.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on The #1 Question I am Receiving From Readers

Warning: Stocks Do NOT Care About the Economy

Could the markets crash again?

This is the #1 question I’m receiving from subscribers. When I ask them why they’re concerned, the #1 explanation is that the economy is in a recession/depression and yet stocks are close to or have already hit new all-time highs.

Let’s dissect this way of thinking…

First and foremost, we need to dispel the myth that the stock market and the economy are closely related.

As Puru Saxena has noted, between 1972 and 1982, the US economy nearly tripled in size from $1.2 trillion to $3.2 trillion. And yet, throughout that entire period the stock market traded sideways for ZERO GAINS!

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

In contrast, from 1982 to 2000, the US economy again nearly tripled in size from $3.2 trillion to $10 trillion. But during this particular time, the stock market exploded higher rising nearly 1,500%!

So, we have two time periods in which the economy nearly tripled in size. During one of them, the stock market went nowhere, while during the other, the stock market rose nearly 1,500%.

Again, stocks have little if any correlation to the economy. There are times when stocks will care a lot about the economy, but those time periods are usually short and due to an unexpected surprise (like the surprise of the economy being shut down to deal with the COVID-19 pandemic).

So, what do stocks care about?

Liquidity.

Historically, whenever central banks start printing money at a rapid clip, stocks do well. A great example of this is the time period from 2008 to 2016 when the economy was weak at best and flatlining at worst. But because the Fed printed over $3.5 trillion during this time period, socks soared, rising over 100%.

Which brings us to today… stocks are rallying hard yet again, despite the economy being extremely weak.

The reason for this is because of the TSUNAMI of liquidity policymakers are throwing at the financial system.

Central Banks alone have printed over $5 trillion in the last three months. Much of this money has found its way into the stock market. 

On top of this, G-10 governments have implemented fiscal stimulus programs ranging from 5% (Norway) to over 35% of (Germany and Italy) of their historic revenue and spending budgets!

Put another way, trillions upon trillions of dollar/s yen/ euros/ pounds have been printed and funneled into the financial system. This is sending stocks through the roof. And unless we get another nasty economic shock to the downside, this trend will likely continue.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Warning: Stocks Do NOT Care About the Economy

Worried About Whether the Markets Will Crash Again? Read On!


Could the markets crash again?

This is the #1 question I’m receiving from subscribers. When I ask them why they’re concerned, the #1 explanation is that the economy is in a recession/depression and yet stocks are close to or have already hit new all-time highs.

Let’s dissect this way of thinking…

First and foremost, we need to dispel the myth that the stock market and the economy are closely related.

As Puru Saxena has noted, between 1972 and 1982, the US economy nearly tripled in size from $1.2 trillion to $3.2 trillion. And yet, throughout that entire period the stock market traded sideways for ZERO GAINS!

————————————————————

Get a LIFETIME Subscription to All Of Our Products For Just $2,500 

Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.

But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.

The doors close on this offer tonight at midnight.

CLICK HERE NOW!!! 

———————————————————–

In contrast, from 1982 to 2000, the US economy again nearly tripled in size from $3.2 trillion to $10 trillion. But during this particular time, the stock market exploded higher rising nearly 1,500%!

So, we have two time periods in which the economy nearly tripled in size. During one of them, the stock market went nowhere, while during the other, the stock market rose nearly 1,500%.

Again, stocks have little if any correlation to the economy. There are times when stocks will care a lot about the economy, but those time periods are usually short and due to an unexpected surprise (like the surprise of the economy being shut down to deal with the COVID-19 pandemic).

So, what do stocks care about?

Liquidity.

Historically, whenever central banks start printing money at a rapid clip, stocks do well. A great example of this is the time period from 2008 to 2016 when the economy was weak at best and flatlining at worst. But because the Fed printed over $3.5 trillion during this time period, socks soared, rising over 100%.

Which brings us to today… stocks are rallying hard yet again, despite the economy being extremely weak.

The reason for this is because of the TSUNAMI of liquidity policymakers are throwing at the financial system.

Central Banks alone have printed over $5 trillion in the last three months. Much of this money has found its way into the stock market. 

On top of this, G-10 governments have implemented fiscal stimulus programs ranging from 5% (Norway) to over 35% of (Germany and Italy) of their historic revenue and spending budgets!

Put another way, trillions upon trillions of dollar/s yen/ euros/ pounds have been printed and funneled into the financial system. This is sending stocks through the roof. And unless we get another nasty economic shock to the downside, this trend will likely continue.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on Worried About Whether the Markets Will Crash Again? Read On!

The Fed’s Couldn’t Even Stomach a 10% Drop in Stocks… It’s Officially in the Bubble Business

The Fed will soon be buying stocks.

Earlier this week, the Fed announced that it will begin buying corporate bonds from individual companies. Before this announcement, the Fed was already involved in the:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

With the introduction of individual corporate bonds, the Fed is now one step closer to buying stocks outright.

Indeed, the Fed has made ZERO references to stopping its monetary madness. Just yesterday Fed Chair Jerome Powell emphasized to Congress that the Fed is “years away from halting its assets monetization scheme.” 

Again, the Fed is explicitly telling us that it plans on buying assets (Treasuries, municipal bonds, corporate bonds, etc.) for years to come.

The next step will be for the Fed to buy stocks.

It won’t be the first central bank to do so…

The central bank of Switzerland, called the Swiss National Bank has been buying stocks for years. Yes. It literally prints money and buys stocks in the U.S. stock markets.

Then there’s Japan’s central bank, called the Bank of Japan. It also prints money and buys stocks outright. As of March 2019, it owned 80% of Japan’s ETFs.

Yes, 80%.

The BoJ is also a top-10 shareholder in over 50% of the companies that trade on the Japanese stock market.

If you think this can’t happen in the US, think again. The Fed told us in 2019 that it would be forced to engage in EXTREME monetary policies during the next downturn.

Fast forward to today, and the Fed is doing precisely this. Heck, it couldn’t even handle a 10% correction without introducing a new monetary scheme… and this is AFTER one of the sharpest rallies in years!

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity | Comments Off on The Fed’s Couldn’t Even Stomach a 10% Drop in Stocks… It’s Officially in the Bubble Business

The Fed Just Admitted It Won’t Stop Printing Money For YEARS… Here’s How to Profit From This


The Fed will soon be buying stocks.

Earlier this week, the Fed announced that it will begin buying corporate bonds from individual companies. Before this announcement, the Fed was already involved in the:

  • The Treasury markets (US sovereign debt)
  • The municipal bond markets (debt issued by states and cities)
  • The corporate bond markets by index (debt issued by corporations)
  • The commercial paper markets (short-term corporate debt market)
  • And the asset-backed security markets (everything from student loans to certificates of deposit and more).

With the introduction of individual corporate bonds, the Fed is now one step closer to buying stocks outright.

Indeed, the Fed has made ZERO references to stopping its monetary madness. Just yesterday Fed Chair Jerome Powell emphasized to Congress that the Fed is “years away from halting its assets monetization scheme.” 

Again, the Fed is explicitly telling us that it plans on buying assets (Treasuries, municipal bonds, corporate bonds, etc.) for years to come.

The next step will be for the Fed to buy stocks.

It won’t be the first central bank to do so…

The central bank of Switzerland, called the Swiss National Bank has been buying stocks for years. Yes. It literally prints money and buys stocks in the U.S. stock markets.

Then there’s Japan’s central bank, called the Bank of Japan. It also prints money and buys stocks outright. As of March 2019, it owned 80% of Japan’s ETFs.

Yes, 80%.

The BoJ is also a top-10 shareholder in over 50% of the companies that trade on the Japanese stock market.

If you think this can’t happen in the US, think again. The Fed told us in 2019 that it would be forced to engage in EXTREME monetary policies during the next downturn.

Fast forward to today, and the Fed is doing precisely this. Heck, it couldn’t even handle a 10% correction without introducing a new monetary scheme… and this is AFTER one of the sharpest rallies in years!

Put another way…

We are now entering the greatest bubble of all time: a situation in which the Fed will spend trillions and trillions of dollars to corner all risk in an effort to reflate the financial system.

As I write this, the Fed has already spent over $3 trillion in the last three months. I expect this will soon be $5 trillion or even $6 trillion before the end of 2021.

On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.

The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.

We are making just 100 copies available to the public.

There are just 3 left.

To pick up yours, swing by:

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

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

Posted in Central Bank Insanity, Inflation | Comments Off on The Fed Just Admitted It Won’t Stop Printing Money For YEARS… Here’s How to Profit From This