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 copy
to family and friends, this is the single best opportunity all year to do so.
To take advantage of these prices… and potentially change someone’s
life with the gift of knowledge and understanding of how our
financial system truly works…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
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 copy
to family and friends, this is the single best opportunity all year to do so.
To take advantage of these prices… and potentially change someone’s
life with the gift of knowledge and understanding of how our
financial system truly works…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
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 copy
to family and friends, this is the single best opportunity all year to do so.
To take advantage of these prices… and potentially change someone’s
life with the gift of knowledge and understanding of how our
financial system truly works…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
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 copy
to family and friends, this is the single best opportunity all year to do so.
To take advantage of these prices… and potentially change someone’s
life with the gift of knowledge and understanding of how our
financial system truly works…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed is sending out its shills this morning.
The markets were hoping for a rate cut or some kind of monetary easing from the Fed on Wednesday. The Fed didn’t deliver. And the markets are having a bit of a tantrum.
Oil, which lead to the upside on this rally, has broken its bull market trendline.
————————————————-
This Might Be the Best Options Trading System on the Planet
Since 2015, this trading system has produced average annual gains of OVER 50%
I’m not talking about a over 50% gain on a single trade… I’m talking gains of OVER 50% per year on the ENTIRE portfolio.
Just yesterday we locked in a 20% gain on a trade we held for only two days.
With this kind of track record, we’re closing the doors to new subscribers soon.
There are currently fewer than 3 slots left for potential subscribers.
To lock in one of the last slots…
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Stocks are following suit, breaking a bearish rising wedge formation.
The Fed needs to get a lid on this as fast as possible. As I noted yesterday, stocks have rallied based on hope for economic growth and additional liquidity/ easing from the Fed.
Neither of those have shown up yet.
Few things are as dangerous as a stock market that rallied hard only to be disappointed… which is why the Fed is sending out multiple shills today to try to soothe stocks with verbal interventions.
They better work, because there is a massive airpocket below this rally if things don’t hold up.
The markets are in for a big surprise…
And when that surprise hits, it’s going to be too late for investors who weren’t paying attention. While everyone was distracted by the stock market, the Fed has been implementing plans to completely annihilate capital once the next downturn hits.
Did you know the Fed is reviewing monetary policies so extreme that it didn’t use them during the 2008 crisis?
Did you know the IMF is calling for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?
It’s all part of a nefarious plan the elites have been implementing for years.
Indeed, we’ve uncovered a secret document outlining how the Fed plans to both seize and STEAL savings during the next crisis/ recession.
Written by a top Fed official, it reveals precisely what the Fed has in store for your savings and your stock portfolio. Buckle up… because it’s some of the most horrifying stuff I’ve ever seen.
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.
You can pick up a FREE copy at:
http://phoenixcapitalmarketing.com/GWG.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The market will soon revisit the December lows.
If you think I’m insane for suggesting this, consider that Copper, a commodity so closely associated with GDP growth that it is nicknamed “Dr Copper” never really recovered fully from the December meltdown.
In simple terms, Dr Copper is telling us in the below chart: “guys, things are not NEARLY as good as stocks claim.” Copper suggests the S&P 500 is going to 2600 at least. 
Unfortunately that’s the good news.
————————————————-
A BIG Profit Trading System That EXPLODES During Market Crises
I’ve spent the last four years developing a trading system to profit from market volatility. Since that time, this trading system has produced average annual gains of 41%… and we’re not even in a crisis yet!
By the way, I’m not talking about a single trade… I’m talking gains of 41% per year on the ENTIRE portfolio.
We’re on another winning streak, having closed out a 9%, 17% and another 20% gain in the two weeks alone.
With this kind of track record, we’re closing the doors to new subscribers soon.
There are currently fewer than 5 slots left for potential subscribers.
To lock in one of the last slots…
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Lumber is even more sensitive to economic growth that Copper, and it’s telling us to expect the S&P 500 to drop to 2,500.
The bond market is even MORE sensitive to the economy and financial conditions than Copper OR Lumber. And the yield on the 10-Year Us Treasury has already broken its December lows.
Bonds are SCREAMING “WATCH OUT” here.
Ignore them if you like. But they are called the “SMART MONEY” for a reason.
Personally, I call the 10-Year the Smartest Investor on the Planet, because he KNOWS what’s coming… LONG before stocks do.
Mr Bond is telling us a Crash will hit within 30 days…
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed just realized two things:
1) It cannot normalize policy EVER without blowing up the Everything Bubble/ financial system.
2) The Fed is well behind the curve when it comes to dealing with the next downturn.
Regarding #1, we’ve had some developments in the last week.
On Monday, Dallas Fed President Robert Kaplan published an article on one of the Fed’s websites outlining the risks to the corporate bond market.
U.S. nonfinancial corporate debt as a percentage of GDP is now higher than the prior peak reached at the end of 2008…Nonfinancial corporate bonds outstanding in the U.S. grew from approximately $2.2 trillion in 2008 to approximately $5.7 trillion at year-end 2018…
Source: The Dallas Fed
Kaplan is here admitting that the US corporate space is now MORE leveraged to the real economy than it was in 2008. He notes, that as a result of this, the US economy is MUCH more sensitive to interest rates.
An elevated level of corporate debt, along with the high level of U.S. government debt, is likely to mean that the U.S. economy is much more interest rate sensitive than it has been historically.
Source: The Dallas Fed
Even more astonishing Kaplan stated that THIS was the reason why the Fed has decided to stop hiking interest rates!
In January I suggested this was the primary reason why the Fed made such an abrupt U-turn regarding monetary policy. It’s truly extraordinary that a Fed President is confirming this in public.
Remember, the primary mandate of the Fed is to maintain financial stability. This inherently means downplaying risks/ potential threats to the financial system/economy. So as much as you or I would like the Fed to be bluntly honest, the fact is that the Fed has to sugarcoat things to avoid panics.
With that in mind, the above admission by Fed President Kaplan is BEYOND extraordinary. Here we have the head of a regional Federal Bank admitting on record that the financial system, specifically the corporate bond market, is now MORE leveraged than it was in 2008 as direct result of Fed policy.
Even more astonishing for a Fed official, Kaplan is admitting that the US economy is now much more sensitive to interest rates. Put another way, the entire US economy/ financial system has become one gigantic bubble that requires extreme monetary policy (extraordinarily low interest rates) to NOT blow up.
This is literally the definition of the Everything Bubble.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed just realized two things:
1) It cannot normalize policy EVER without blowing up the Everything Bubble/ financial system.
2) The Fed is well behind the curve when it comes to dealing with the next downturn.
Regarding #1, we’ve had some developments in the last week.
On Monday, Dallas Fed President Robert Kaplan published an article on one of the Fed’s websites outlining the risks to the corporate bond market.
U.S. nonfinancial corporate debt as a percentage of GDP is now higher than the prior peak reached at the end of 2008…Nonfinancial corporate bonds outstanding in the U.S. grew from approximately $2.2 trillion in 2008 to approximately $5.7 trillion at year-end 2018…
Source: The Dallas Fed
Kaplan is here admitting that the US corporate space is now MORE leveraged to the real economy than it was in 2008. He notes, that as a result of this, the US economy is MUCH more sensitive to interest rates.
An elevated level of corporate debt, along with the high level of U.S. government debt, is likely to mean that the U.S. economy is much more interest rate sensitive than it has been historically.
Source: The Dallas Fed
Even more astonishing Kaplan stated that THIS was the reason why the Fed has decided to stop hiking interest rates!
In January I suggested this was the primary reason why the Fed made such an abrupt U-turn regarding monetary policy. It’s truly extraordinary that a Fed President is confirming this in public.
Remember, the primary mandate of the Fed is to maintain financial stability. This inherently means downplaying risks/ potential threats to the financial system/economy. So as much as you or I would like the Fed to be bluntly honest, the fact is that the Fed has to sugarcoat things to avoid panics.
With that in mind, the above admission by Fed President Kaplan is BEYOND extraordinary. Here we have the head of a regional Federal Bank admitting on record that the financial system, specifically the corporate bond market, is now MORE leveraged than it was in 2008 as direct result of Fed policy.
Even more astonishing for a Fed official, Kaplan is admitting that the US economy is now much more sensitive to interest rates. Put another way, the entire US economy/ financial system has become one gigantic bubble that requires extreme monetary policy (extraordinarily low interest rates) to NOT blow up.
This is literally the definition of the Everything Bubble.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed just realized two things:
1) It cannot normalize policy EVER without blowing up the Everything Bubble/ financial system.
2) The Fed is well behind the curve when it comes to dealing with the next downturn.
Regarding #1, we’ve had some developments in the last week.
On Monday, Dallas Fed President Robert Kaplan published an article on one of the Fed’s websites outlining the risks to the corporate bond market.
U.S. nonfinancial corporate debt as a percentage of GDP is now higher than the prior peak reached at the end of 2008…Nonfinancial corporate bonds outstanding in the U.S. grew from approximately $2.2 trillion in 2008 to approximately $5.7 trillion at year-end 2018…
Source: The Dallas Fed
Kaplan is here admitting that the US corporate space is now MORE leveraged to the real economy than it was in 2008. He notes, that as a result of this, the US economy is MUCH more sensitive to interest rates.
An elevated level of corporate debt, along with the high level of U.S. government debt, is likely to mean that the U.S. economy is much more interest rate sensitive than it has been historically.
Source: The Dallas Fed
Even more astonishing Kaplan stated that THIS was the reason why the Fed has decided to stop hiking interest rates!
In January I suggested this was the primary reason why the Fed made such an abrupt U-turn regarding monetary policy. It’s truly extraordinary that a Fed President is confirming this in public.
Remember, the primary mandate of the Fed is to maintain financial stability. This inherently means downplaying risks/ potential threats to the financial system/economy. So as much as you or I would like the Fed to be bluntly honest, the fact is that the Fed has to sugarcoat things to avoid panics.
With that in mind, the above admission by Fed President Kaplan is BEYOND extraordinary. Here we have the head of a regional Federal Bank admitting on record that the financial system, specifically the corporate bond market, is now MORE leveraged than it was in 2008 as direct result of Fed policy.
Even more astonishing for a Fed official, Kaplan is admitting that the US economy is now much more sensitive to interest rates. Put another way, the entire US economy/ financial system has become one gigantic bubble that requires extreme monetary policy (extraordinarily low interest rates) to NOT blow up.
This is literally the definition of the Everything Bubble.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed just realized two things:
1) It cannot normalize policy EVER without blowing up the Everything Bubble/ financial system.
2) The Fed is well behind the curve when it comes to dealing with the next downturn.
Regarding #1, we’ve had some developments in the last week.
On Monday, Dallas Fed President Robert Kaplan published an article on one of the Fed’s websites outlining the risks to the corporate bond market.
U.S. nonfinancial corporate debt as a percentage of GDP is now higher than the prior peak reached at the end of 2008…Nonfinancial corporate bonds outstanding in the U.S. grew from approximately $2.2 trillion in 2008 to approximately $5.7 trillion at year-end 2018…
Source: The Dallas Fed
Kaplan is here admitting that the US corporate space is now MORE leveraged to the real economy than it was in 2008. He notes, that as a result of this, the US economy is MUCH more sensitive to interest rates.
An elevated level of corporate debt, along with the high level of U.S. government debt, is likely to mean that the U.S. economy is much more interest rate sensitive than it has been historically.
Source: The Dallas Fed
Even more astonishing Kaplan stated that THIS was the reason why the Fed has decided to stop hiking interest rates!
In January I suggested this was the primary reason why the Fed made such an abrupt U-turn regarding monetary policy. It’s truly extraordinary that a Fed President is confirming this in public.
Remember, the primary mandate of the Fed is to maintain financial stability. This inherently means downplaying risks/ potential threats to the financial system/economy. So as much as you or I would like the Fed to be bluntly honest, the fact is that the Fed has to sugarcoat things to avoid panics.
With that in mind, the above admission by Fed President Kaplan is BEYOND extraordinary. Here we have the head of a regional Federal Bank admitting on record that the financial system, specifically the corporate bond market, is now MORE leveraged than it was in 2008 as direct result of Fed policy.
Even more astonishing for a Fed official, Kaplan is admitting that the US economy is now much more sensitive to interest rates. Put another way, the entire US economy/ financial system has become one gigantic bubble that requires extreme monetary policy (extraordinarily low interest rates) to NOT blow up.
This is literally the definition of the Everything Bubble.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed just realized two things:
1) It cannot normalize policy EVER without blowing up the Everything Bubble/ financial system.
2) The Fed is well behind the curve when it comes to dealing with the next downturn.
Regarding #1, we’ve had some developments in the last week.
On Monday, Dallas Fed President Robert Kaplan published an article on one of the Fed’s websites outlining the risks to the corporate bond market.
U.S. nonfinancial corporate debt as a percentage of GDP is now higher than the prior peak reached at the end of 2008…Nonfinancial corporate bonds outstanding in the U.S. grew from approximately $2.2 trillion in 2008 to approximately $5.7 trillion at year-end 2018…
Source: The Dallas Fed
Kaplan is here admitting that the US corporate space is now MORE leveraged to the real economy than it was in 2008. He notes, that as a result of this, the US economy is MUCH more sensitive to interest rates.
An elevated level of corporate debt, along with the high level of U.S. government debt, is likely to mean that the U.S. economy is much more interest rate sensitive than it has been historically.
Source: The Dallas Fed
Even more astonishing Kaplan stated that THIS was the reason why the Fed has decided to stop hiking interest rates!
In January I suggested this was the primary reason why the Fed made such an abrupt U-turn regarding monetary policy. It’s truly extraordinary that a Fed President is confirming this in public.
Remember, the primary mandate of the Fed is to maintain financial stability. This inherently means downplaying risks/ potential threats to the financial system/economy. So as much as you or I would like the Fed to be bluntly honest, the fact is that the Fed has to sugarcoat things to avoid panics.
With that in mind, the above admission by Fed President Kaplan is BEYOND extraordinary. Here we have the head of a regional Federal Bank admitting on record that the financial system, specifically the corporate bond market, is now MORE leveraged than it was in 2008 as direct result of Fed policy.
Even more astonishing for a Fed official, Kaplan is admitting that the US economy is now much more sensitive to interest rates. Put another way, the entire US economy/ financial system has become one gigantic bubble that requires extreme monetary policy (extraordinarily low interest rates) to NOT blow up.
This is literally the definition of the Everything Bubble.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
As I warned yesterday, the Fed has discovered that:
1) It is impossible to normalize monetary policy in an Everything Bubble.
And…
2) The Everything Bubble is now bursting.
The Fed now has a choice: implement monetary policies even more extreme than the ones it used in 2008-2012 or… let the Everything Bubble burst and the whole system come crashing down.
The Fed has obviously chosen option #1.
If you think I’m being overly dramatic about what’s happening here, consider that the President of the NY Fed (the branch of the Fed in charge of financial markets) announced yesterday that the Fed is consider NEGATIVE Interest Rate Policy (NIRP).
If everything is fine… if the financial system is stable… and we are nowhere near a crisis… why would the head of the NY Fed be suggesting the Fed consider cutting rates to NEGATIVE during the next downturn?
—————————–
Who said getting rich from trading was hard?
Since inception in 2015, this trading system has produced average annual gains of 41%.
And it’s doing this with just one trade once per week. In fact we just closed a 12% gain last week.
We are closing the doors on this system to new clients on Friday this week.
To lock in one of the last slots…
——————————
This…
This is the yield on the 10-Year Treasury, the single most important bond in the financial system. As you can see, it’s broken a multi-decade downtrend to the upside.
When bond yields rise, bond prices fall.
When bond prices fall, debt deflation hits the financial system.
When debt deflation hits the financial system, the financial system BLOWS UP.
THIS is why the Fed is in a panic. It’s why the Fed has stopped hiking rates. And it’s why the Fed is desperate to launch even MORE extreme monetary policy as soon as possible.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
As I warned yesterday, the Fed has discovered that:
1) It is impossible to normalize monetary policy in an Everything Bubble.
And…
2) The Everything Bubble is now bursting.
The Fed now has a choice: implement monetary policies even more extreme than the ones it used in 2008-2012 or… let the Everything Bubble burst and the whole system come crashing down.
The Fed has obviously chosen option #1.
If you think I’m being overly dramatic about what’s happening here, consider that the President of the NY Fed (the branch of the Fed in charge of financial markets) announced yesterday that the Fed is consider NEGATIVE Interest Rate Policy (NIRP).
If everything is fine… if the financial system is stable… and we are nowhere near a crisis… why would the head of the NY Fed be suggesting the Fed consider cutting rates to NEGATIVE during the next downturn?
—————————–
Who said getting rich from trading was hard?
Since inception in 2015, this trading system has produced average annual gains of 41%.
And it’s doing this with just one trade once per week. In fact we just closed a 12% gain last week.
We are closing the doors on this system to new clients on Friday this week.
To lock in one of the last slots…
——————————
This…
This is the yield on the 10-Year Treasury, the single most important bond in the financial system. As you can see, it’s broken a multi-decade downtrend to the upside.
When bond yields rise, bond prices fall.
When bond prices fall, debt deflation hits the financial system.
When debt deflation hits the financial system, the financial system BLOWS UP.
THIS is why the Fed is in a panic. It’s why the Fed has stopped hiking rates. And it’s why the Fed is desperate to launch even MORE extreme monetary policy as soon as possible.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
As I warned yesterday, the Fed has discovered that:
1) It is impossible to normalize monetary policy in an Everything Bubble.
And…
2) The Everything Bubble is now bursting.
The Fed now has a choice: implement monetary policies even more extreme than the ones it used in 2008-2012 or… let the Everything Bubble burst and the whole system come crashing down.
The Fed has obviously chosen option #1.
If you think I’m being overly dramatic about what’s happening here, consider that the President of the NY Fed (the branch of the Fed in charge of financial markets) announced yesterday that the Fed is consider NEGATIVE Interest Rate Policy (NIRP).
If everything is fine… if the financial system is stable… and we are nowhere near a crisis… why would the head of the NY Fed be suggesting the Fed consider cutting rates to NEGATIVE during the next downturn?
—————————–
Who said getting rich from trading was hard?
Since inception in 2015, this trading system has produced average annual gains of 41%.
And it’s doing this with just one trade once per week. In fact we just closed a 12% gain last week.
We are closing the doors on this system to new clients on Friday this week.
To lock in one of the last slots…
——————————
This…
This is the yield on the 10-Year Treasury, the single most important bond in the financial system. As you can see, it’s broken a multi-decade downtrend to the upside.
When bond yields rise, bond prices fall.
When bond prices fall, debt deflation hits the financial system.
When debt deflation hits the financial system, the financial system BLOWS UP.
THIS is why the Fed is in a panic. It’s why the Fed has stopped hiking rates. And it’s why the Fed is desperate to launch even MORE extreme monetary policy as soon as possible.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed just confirmed what I have been claiming for years… that the financial system is now in an Everything Bubble, which the Fed will NOT be able to normalize.
In the aftermath of the 2008 crisis, the Fed attempted to create a bubble in the US Treasury market via Zero Interest Rate Policy (ZIRP) and Quantitative Easing (QE) programs.
The reason is simple: Treasury yields represent the “risk free” rate of return for the entire financial system. So if the Fed can create a bubble in Treasuries, forcing yields to extraordinary lows, the entire financial system will adjust to this, resulting in all risk assets (literally EVERYTHING) going into a bubble (hence the term “the Everything Bubble”).
The problem this of course is once it has done this, the Fed will NEVER be able to normalize interest rates because the entire financial system is now addicted to extraordinarily low rates.
————————————————-
Who said getting rich from trading was hard?
Since inception in 2015, this trading system has produced average annual gains of 41%.
And it’s doing this with just one trade once per week. In fact we just closed a 12% gain last week.
We are closing the doors on this system to new clients on Friday this week.
To lock in one of the last slots…
————————————————-
Yesterday Dallas Fed President Robert Kaplan confirmed this in an article…
U.S. nonfinancial corporate debt as a percentage of GDP is now higher than the prior peak reached at the end of 2008…Nonfinancial corporate bonds outstanding in the U.S. grew from approximately $2.2 trillion in 2008 to approximately $5.7 trillion at year-end 2018…
Source: The Dallas Fed
Kaplan is here admitting that the US corporate space is now MORE leveraged to the real economy than it was in 2008. As a result of this…
An elevated level of corporate debt, along with the high level of U.S. government debt, is likely to mean that the U.S. economy is much more interest rate sensitive than it has been historically.
Source: The Dallas Fed
Even more astonishing Kaplan stated that THIS was the reason why the Fed has decided to stop hiking interest rates!
Again, a Fed President stated point blank that the Fed is aware that the entire US financial system is one gigantic leveraged bet on low interest rates… and as a result of this, the Fed is DONE with normalization.
Unfortunately for the Fed, the bond market is breaking down again. Junk Bonds, the riskiest sector of the corporate bond market, is about to break its rising wedge formation.
This is telling us that the next leg down is about to hit. If you’ll recall it was Junk Bonds that peaked first and then lead stocks to the downside during the October-December meltdown in 2018.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed just confirmed what I have been claiming for years… that the financial system is now in an Everything Bubble, which the Fed will NOT be able to normalize.
In the aftermath of the 2008 crisis, the Fed attempted to create a bubble in the US Treasury market via Zero Interest Rate Policy (ZIRP) and Quantitative Easing (QE) programs.
The reason is simple: Treasury yields represent the “risk free” rate of return for the entire financial system. So if the Fed can create a bubble in Treasuries, forcing yields to extraordinary lows, the entire financial system will adjust to this, resulting in all risk assets (literally EVERYTHING) going into a bubble (hence the term “the Everything Bubble”).
The problem this of course is once it has done this, the Fed will NEVER be able to normalize interest rates because the entire financial system is now addicted to extraordinarily low rates.
————————————————-
Who said getting rich from trading was hard?
Since inception in 2015, this trading system has produced average annual gains of 41%.
And it’s doing this with just one trade once per week. In fact we just closed a 12% gain last week.
We are closing the doors on this system to new clients on Friday this week.
To lock in one of the last slots…
————————————————-
Yesterday Dallas Fed President Robert Kaplan confirmed this in an article…
U.S. nonfinancial corporate debt as a percentage of GDP is now higher than the prior peak reached at the end of 2008…Nonfinancial corporate bonds outstanding in the U.S. grew from approximately $2.2 trillion in 2008 to approximately $5.7 trillion at year-end 2018…
Source: The Dallas Fed
Kaplan is here admitting that the US corporate space is now MORE leveraged to the real economy than it was in 2008. As a result of this…
An elevated level of corporate debt, along with the high level of U.S. government debt, is likely to mean that the U.S. economy is much more interest rate sensitive than it has been historically.
Source: The Dallas Fed
Even more astonishing Kaplan stated that THIS was the reason why the Fed has decided to stop hiking interest rates!
Again, a Fed President stated point blank that the Fed is aware that the entire US financial system is one gigantic leveraged bet on low interest rates… and as a result of this, the Fed is DONE with normalization.
Unfortunately for the Fed, the bond market is breaking down again. Junk Bonds, the riskiest sector of the corporate bond market, is about to break its rising wedge formation.
This is telling us that the next leg down is about to hit. If you’ll recall it was Junk Bonds that peaked first and then lead stocks to the downside during the October-December meltdown in 2018.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed just confirmed what I have been claiming for years… that the financial system is now in an Everything Bubble, which the Fed will NOT be able to normalize.
In the aftermath of the 2008 crisis, the Fed attempted to create a bubble in the US Treasury market via Zero Interest Rate Policy (ZIRP) and Quantitative Easing (QE) programs.
The reason is simple: Treasury yields represent the “risk free” rate of return for the entire financial system. So if the Fed can create a bubble in Treasuries, forcing yields to extraordinary lows, the entire financial system will adjust to this, resulting in all risk assets (literally EVERYTHING) going into a bubble (hence the term “the Everything Bubble”).
The problem this of course is once it has done this, the Fed will NEVER be able to normalize interest rates because the entire financial system is now addicted to extraordinarily low rates.
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Who said getting rich from trading was hard?
Since inception in 2015, this trading system has produced average annual gains of 41%.
And it’s doing this with just one trade once per week. In fact we just closed a 12% gain last week.
We are closing the doors on this system to new clients on Friday this week.
To lock in one of the last slots…
————————————————-
Yesterday Dallas Fed President Robert Kaplan confirmed this in an article…
U.S. nonfinancial corporate debt as a percentage of GDP is now higher than the prior peak reached at the end of 2008…Nonfinancial corporate bonds outstanding in the U.S. grew from approximately $2.2 trillion in 2008 to approximately $5.7 trillion at year-end 2018…
Source: The Dallas Fed
Kaplan is here admitting that the US corporate space is now MORE leveraged to the real economy than it was in 2008. As a result of this…
An elevated level of corporate debt, along with the high level of U.S. government debt, is likely to mean that the U.S. economy is much more interest rate sensitive than it has been historically.
Source: The Dallas Fed
Even more astonishing Kaplan stated that THIS was the reason why the Fed has decided to stop hiking interest rates!
Again, a Fed President stated point blank that the Fed is aware that the entire US financial system is one gigantic leveraged bet on low interest rates… and as a result of this, the Fed is DONE with normalization.
Unfortunately for the Fed, the bond market is breaking down again. Junk Bonds, the riskiest sector of the corporate bond market, is about to break its rising wedge formation.
This is telling us that the next leg down is about to hit. If you’ll recall it was Junk Bonds that peaked first and then lead stocks to the downside during the October-December meltdown in 2018.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The Fed just confirmed what I have been claiming for years… that the financial system is now in an Everything Bubble, which the Fed will NOT be able to normalize.
In the aftermath of the 2008 crisis, the Fed attempted to create a bubble in the US Treasury market via Zero Interest Rate Policy (ZIRP) and Quantitative Easing (QE) programs.
The reason is simple: Treasury yields represent the “risk free” rate of return for the entire financial system. So if the Fed can create a bubble in Treasuries, forcing yields to extraordinary lows, the entire financial system will adjust to this, resulting in all risk assets (literally EVERYTHING) going into a bubble (hence the term “the Everything Bubble”).
The problem this of course is once it has done this, the Fed will NEVER be able to normalize interest rates because the entire financial system is now addicted to extraordinarily low rates.
————————————————-
Who said getting rich from trading was hard?
Since inception in 2015, this trading system has produced average annual gains of 41%.
And it’s doing this with just one trade once per week. In fact we just closed a 12% gain last week.
We are closing the doors on this system to new clients on Friday this week.
To lock in one of the last slots…
————————————————-
Yesterday Dallas Fed President Robert Kaplan confirmed this in an article…
U.S. nonfinancial corporate debt as a percentage of GDP is now higher than the prior peak reached at the end of 2008…Nonfinancial corporate bonds outstanding in the U.S. grew from approximately $2.2 trillion in 2008 to approximately $5.7 trillion at year-end 2018…
Source: The Dallas Fed
Kaplan is here admitting that the US corporate space is now MORE leveraged to the real economy than it was in 2008. As a result of this…
An elevated level of corporate debt, along with the high level of U.S. government debt, is likely to mean that the U.S. economy is much more interest rate sensitive than it has been historically.
Source: The Dallas Fed
Even more astonishing Kaplan stated that THIS was the reason why the Fed has decided to stop hiking interest rates!
Again, a Fed President stated point blank that the Fed is aware that the entire US financial system is one gigantic leveraged bet on low interest rates… and as a result of this, the Fed is DONE with normalization.
Unfortunately for the Fed, the bond market is breaking down again. Junk Bonds, the riskiest sector of the corporate bond market, is about to break its rising wedge formation.
This is telling us that the next leg down is about to hit. If you’ll recall it was Junk Bonds that peaked first and then lead stocks to the downside during the October-December meltdown in 2018.
If you aren’t actively taking steps to prepare for this, you need to start NOW.
On that note, we are putting together an Executive Summary outlining all of these issues as well as what’s coming down the pike when the Everything Bubble bursts.
It will be available exclusively to our clients. If you’d like to have a copy delivered to your inbox when it’s completed, you can join the wait-list here.
https://phoenixcapitalmarketing.com/TEB.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
If there was any wonder that something truly horrific is brewing in the financial system, the Fed has confirmed it in the last month.
Let’s start with Fed Chair Jerome Powell.
Powell took the reins at the Fed in January 2018. From then until last month, he pushed the most aggressive hawkish policy in Fed history, pushing for four rate hikes per year and a QT program through which the Fed would drain $50 billion in liquidity per month.
Then, came the January Fed meeting in which, Powell failed to raise interest rates, suggested that the Fed might NOT hike rates again in 2019 AND that it is prepared to adjust its balance sheet normalization or Quantitative Tightening (QT) program if necessary.
Put another way, Jerome Powell went from promising four rates hikes in 2019 and leaving its QT program on autopilot to pushing for NO rate hikes and suggesting that it would “adjust” its QT program if needed. All in less than two months.
What happened during those months? A crisis started.
Now, SF Fed President Mary Daly is out suggesting that the Fed might want to consider making QE (the process through which the Fed prints new money and funnels it in to the financial system) a ROUTINE policy rather than one used solely during emergencies.
If everything is going great, and there is no risk of another crisis… why is the Fed floating the idea of using EMERGENCY style monetary policies again? What does this Fed see that warrants this kind of panic?
A Crash is coming…
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