Author Archives: The Phoenix

This is Why Stocks Are Holding Up… But Will Soon Crash

By Graham Summers, MBA Over the last few days, I’ve illustrated how several major indicators are flashing “RECESSION!” By quick way of review: The 10y-3m yield curve has predicted every recession in the last 50 years. It’s telling us that … Continue reading

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This is Why We Opened Our Crash Trades

By Graham Summers, MBA As I noted yesterday, the bond market is telling us that a recession is just around the corner. By quick way of review, the U.S. treasury market is comprised of 12 bonds, with durations ranging from … Continue reading

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Forget Stocks, the Bond Market is Signaling Something MAJOR!

By Graham Summers, MBA It’s all trader games today. The stock market is closed tomorrow for Thanksgiving. It will also close early on Friday November 25th at 1PM. As one can imagine, most of Wall Street has already left for … Continue reading

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Warning: This is the Most Disturbing Thing I’ve Seen In Years

By Graham Summers, MBA The consumer is tapping “out.” Ever since inflation entered the financial system is early 2021, there has been a debate as to when the higher cost of living would hit consumer spending to the point of … Continue reading

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Let’s Cut Through the BS About the Economy Right Here and Now!

By Graham Summers, MBA Last week, I warned you not to trust the positive economic data being put out concerning the U.S. economy. The reasons for my warning were simple: the data was bunk, made up, and of no real value. … Continue reading

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Warning: The Fed Didn’t Pivot… And It Won’t For Months, Part 2

By Graham Summers, MBA Yesterday I illustrated that the Fed has NOT pivoted and won’t be for months. Anyone who says otherwise isn’t listening to what the Fed is actually saying! Reviewing the Fed’s public statements since March 2022 (the month it … Continue reading

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Warning: The Fed Didn’t Pivot… And It Won’t For Months, Part 1

By Graham Summers, MBA So much for the Fed pivot! Ever since the Fed began tightening monetary policy in March of 2022, numerous pundits, social media personalities, and financial media types have been pushing the notion that the Fed will … Continue reading

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Warning: None of the “Jobs” Created Last Month Were Real

By Graham Summers, MBA Once again, the bean counters at the Bureau of Labor Statistics (BLS) made the economy look better than reality. According to the BLS, the economy added 261,000 jobs in October. This was significantly higher than the 200,000 that … Continue reading

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Who Would You Rather Bet On?

By Graham Summers, MBA The financial system is currently experiencing a “relief rally.” For the eight weeks ending October 28th, the primary problems facing the financial system were: 1)    The collapse of the British Pound/ UK Government Bonds 2)    The … Continue reading

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Whatever You Do, Don’t Fall For This!

By Graham Summers, MBA Great news… the economy recovered in Q3! According to the Bureau of Economic Analysis (BEA), the U.S. economy grew at an annual rate of 2.6% in 3Q22. So all of our concerns about a recession were … Continue reading

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A Fed Pivot Won’t Fix Anything… Stocks Will Fall Another 30%

By Graham Summers, MBA The financial markets are now experiencing their 3rd “the Fed is about to pivot” delusion.  Ever since the Fed started tightening monetary policy in March 2022, the financial media and social media have been abuzz with … Continue reading

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If You’re Hoping For Good News for Stocks… Don’t Read This

By Graham Summers, MBA Bad news for anyone who’s bullish. The yield on the 2-year U.S. Treasury just hit a new high. This entire collapse in stocks thus far in 2022 has been due to Treasury yields rising. Put another … Continue reading

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What Happens to Stocks When the 5th Largest Economy in the World Goes Bust?

By Graham Summers, MBA One of the central theses of my bestselling book The Everything Bubble is that once a central bank embarks on a path of extraordinary monetary easing, it can never escape. The Bank of England (BoE) is now finding this … Continue reading

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Forget the UK… Have You Seen What Is Happening in Japan?!?

By Graham Summers, MBA Aaaaaaaaannnd another country is losing control of its financial system. We’ve already assessed the fact that the financial system of the United Kingdom (U.K.) is in the process of imploding. The British Pound and yields on … Continue reading

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The Markets Have Officially Broken a Major Central Bank

By Graham Summers, MBA The situation in the United Kingdom (U.K) is accelerating now. Several weeks ago, the new government in the UK introduced a tax cut. The financial system revolted, with the British pound collapsing… And British government bond … Continue reading

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This is Seriously Bad News For Stocks!

By Graham Summers, MBA Stocks are now in very serious trouble. The ENTIRE collapse thus far in this bear market for stocks has been due to bond yields rising. When Treasuries were yielding 0.25%, investors were willing to pay 20-22 … Continue reading

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Stocks Are In La La Land… Just Like They Were Right Before Lehman…

By Graham Summers, MBA Let’s talk about market structure. The S&P 500 is extremely weighted towards Tech stocks. Tech is the largest sector by weighting. It is in fact larger than the weighting of the 2nd and 3rd largest sectors combined. Put … Continue reading

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This Book Predicted the Fed’s Next Move in 2017!

Amazon is currently running a special on my best-selling book, The Everything Bubble…it’s 25% off on paperback and 85% off the Kindle version. So if you’ve yet to pick up a copy… or would like to gift a copy to family … Continue reading

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Warning: the Fed Didn’t Pivot Yesterday… If Anything It Doesn’t Need to Anymore

By Graham Summers, MBA Yesterday I asked, “is the Fed about to hit the PANIC! button like the Bank of England?”  The markets certainly acted like it: stocks, Treasuries, oil, and gold erupted higher yesterday, fueled by the announcement that … Continue reading

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Warning: the Fed Didn’t Pivot Yesterday… If Anything It Doesn’t Need to Anymore

By Graham Summers, MBA Yesterday I asked, “is the Fed about to hit the PANIC! button like the Bank of England?”  The markets certainly acted like it: stocks, Treasuries, oil, and gold erupted higher yesterday, fueled by the announcement that … Continue reading

Posted in It's a Bull Market | Comments Off on Warning: the Fed Didn’t Pivot Yesterday… If Anything It Doesn’t Need to Anymore