Author Archives: The Phoenix

Two Charts Every Long-Term Investor Needs to See Now

By Graham Summers, MBA As I stated yesterday, the great crisis of our lifetimes… the crisis to which 2008 was just the warm-up… is here. What is happening? Inflation. For decades central bankers argued that inflation was good while deflation was bad. … Continue reading

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If Only the Fed Read This Book… They Wouldn’t Look so Clueless All the Time

Amazon is currently running a special on The Everything Bubble…an astonishing 85% off on the Kindle version. So if you’ve yet to pick up a copy… or would like to gift a copyto family and friends, this is the single … Continue reading

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The Great Currency Crisis of Our Lifetimes Is Starting Now

By Graham Summers, MBA The single most important asset in the world is the $USD. The $USD is the reserve currency of the world. It is involved in ~95% of all currency transactions globally. Moreover, it is used in 85% … Continue reading

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This is the Single Worst Thing That Could Happen to Stocks Right Now!

By Graham Summers, MBA Treasury bond yields are rising again.  And this is really bad news for stocks. Why? Because these bonds are the bedrock of our current financial system. They are the senior most asset class and the yields on these … Continue reading

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The Great Currency Wars Have Begun… Time For Currency Confetti!

By Graham Summers, MBA As I mentioned on Monday, the Great Currency Wars have begun. Japan is about to intervene directly in their currency markets. And why wouldn’t they… Japan imports most of its energy and food… and its currency … Continue reading

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What Happens to Inflation When the U.S. Dollar Begins to Collapse?

By Graham Summers, MBA As I noted yesterday, Japan has unleashed the next wave of inflation. By quick way of review: 1) Japan’s central bank, the Bank of Japan or BoJ, is the only major central bank that is still … Continue reading

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Japan Just Unleashed the Next Wave of Inflation

By Graham Summers, MBA Japan just hit the “panic” button regarding inflation. Over the last few two years, the Japanese Yen has imploded as the country’s central bank continued to print money. In contrast, the central banks in both Europe … Continue reading

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The Fed’s Worst Nightmare Has Officially Arrived

By Graham Summers, MBA The Fed’s worst nightmare has arrived. That nightmare? Sticky inflation in the form of a wage spiral. Inflation doesn’t enter the financial system all at once; it arrives in stages. Those stages are: Stage 1: Price … Continue reading

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Are Stocks About to Crash?

By Graham Summers, MBA As I warned yesterday, the next crisis is just around the corner. By quick way of review… 1) The Fed takes its cues on where rates need to be from the yield on the 2-Year U.S. … Continue reading

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Buckle Up, the Fed is Losing Control of the Bond Market Again!

By Graham Summers, MBA Are you ready for the next crisis? You better be… because the Fed is losing control of inflation and the bond market… again. Historically, the Fed has taken its cues on where rates should be based … Continue reading

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The Bear Market Rally is Over… the Next Leg Down is Here!

By Graham Summers, MBA Judging from last week, the bear market rally ended right at the 200-day moving average (DMA) for the S&P 500. This was right where market leaders such as Tesla (TSLA) had suggested we’d see a top. … Continue reading

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When Will This Bear Market Rally End and the Next Leg Down Begin?

Yesterday we put this recent stock market rally in the context of historical bear market rallies. By quick way of review. It is extremely common for stocks to rally, and sometimes by quite a lot and for as long as … Continue reading

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This is a Bear Market Rally… Nothing More Pt 2

On Friday I outlined the technical setup for the stock market’s current bear market rally. By quick way of review… The price action in 2022 had been extremely bearish with 12 out of the previous 15 weeks closing down as … Continue reading

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Why the Market Is Exploding Higher… and What Comes Next

By Graham Summers, MBA Let’s consider this latest stock market rally. First and foremost, the price action for stocks in 2022 had been EXTREMELY bearish. The S&P 500 experienced EIGHT consecutive down weeks from late March until mid-May of 2022. … Continue reading

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The Government is Hiding a Dark Secret About the Economy

By Graham Summers, MBA July’s jobs numbers were amazing. And this is great news! Or it would be… if the jobs numbers were remotely accurate. According to the headlines, the U.S. added 528,000 jobs last month. Unfortunately, most if not all … Continue reading

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The Market Just Gave Us a MAJOR Signal… Did You Catch It?

By Graham Summers, MBA As I noted in yesterday’s article, if you want to make real money from the markets, you need to ignore what the Fed is saying and focus on price. By quick way of review, the Fed … Continue reading

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Ignore the Fed… Focus On This Instead!

By Graham Summers, MBA Stocks soared higher on Friday because a Fed official suggested they might not have to tighten rates as rapidly as before. Yes, you read that correctly… the Fed will still have to tighten (and tighten a … Continue reading

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It’s Official: a Crash is Coming

By Graham Summers, MBA The financial system is now screaming “RECESSION!” The yield curve is perhaps the single best predictor of recessions in the world. If you’re unfamiliar with how the yield curve works works, in broad terms, there are … Continue reading

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Is the Inflation Trade Dead… or Is it Time to Buy?

By Graham Summers, MBA Many investors have been getting crushed by the collapse in the inflation trade. By quick way of review, throughout 2021 and the first quarter of 2022, inflation-based investments dramatically outperformed the broader market. In particular, Energy … Continue reading

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What Is This Chart Telling Us About What’s Coming?

By Graham Summers, MBA Yesterday, I revealed some disturbing news. That news? That the economy is already in recession. It’s not a matter of a recession arriving soon… a recession is already here. By quick way of review… 1) Copper, … Continue reading

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