As I warned yesterday, the markets are entering “liquidation mode”

Earlier this year it was Emerging Markets.

Yesterday it was Oil.

And very soon it will be US stocks.

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

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 markets are entering “liquidation mode”

Earlier this year it was Emerging Markets.

Yesterday it was Oil.

And very soon it will be US stocks.

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

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 markets are about to enter liquidation mode.

The Fed has made it clear that the only market event that would force it to stop hiking rates would be a collapse so massive that it impacts consumer spending. This means a 2008-type event.

By the look of things, we’re on our way towards that. The single largest financial transaction for most Americans is the purchase of a home. With that in mind, consider what the homebuilder industry is telling us about consumer appetite.

If you’re looking for a sign of what’s to come for the overall market. This is it. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 markets are about to enter liquidation mode.

The Fed has made it clear that the only market event that would force it to stop hiking rates would be a collapse so massive that it impacts consumer spending. This means a 2008-type event.

By the look of things, we’re on our way towards that. The single largest financial transaction for most Americans is the purchase of a home. With that in mind, consider what the homebuilder industry is telling us about consumer appetite.

If you’re looking for a sign of what’s to come for the overall market. This is it. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 markets are about to enter liquidation mode.

The Fed has made it clear that the only market event that would force it to stop hiking rates would be a collapse so massive that it impacts consumer spending. This means a 2008-type event.

By the look of things, we’re on our way towards that. The single largest financial transaction for most Americans is the purchase of a home. With that in mind, consider what the homebuilder industry is telling us about consumer appetite.

If you’re looking for a sign of what’s to come for the overall market. This is it. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 markets are about to enter liquidation mode.

The Fed has made it clear that the only market event that would force it to stop hiking rates would be a collapse so massive that it impacts consumer spending. This means a 2008-type event.

By the look of things, we’re on our way towards that. The single largest financial transaction for most Americans is the purchase of a home. With that in mind, consider what the homebuilder industry is telling us about consumer appetite.

If you’re looking for a sign of what’s to come for the overall market. This is it. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 keep warning, the Fed is going to hike rates until something breaks.

And by “something,” I don’t meant a garden variety correction in the markets; the Fed has made it EXPLICIT that it would only consider slowing the pace of rate hikes if the markets entered a meltdown so massive that it actually impacted consumer spending.

If you don’t believe me, consider yesterday’s Fed FOMC announcement. Following the worst month for stocks since 2008… a month in which some 89% of global assets went red of the year… the Fed didn’t even blink.

Yesterday, the Fed:

1)   Hiked rates again.

2)   Reiterated that it will hike rates THREE more times in 2019 (rather than reducing the intended number to two or even one).

3)   Made it clear that it will hike until it sees a negative impact on the REAL economy (the labor market or consumer spending).

Put simply, yesterday the Fed broadcast to stocks “you’re on your own.”

I routinely say that stocks are the last asset class to “get it.” Well they “got it” yesterday, slamming into former support. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 keep warning, the Fed is going to hike rates until something breaks.

And by “something,” I don’t meant a garden variety correction in the markets; the Fed has made it EXPLICIT that it would only consider slowing the pace of rate hikes if the markets entered a meltdown so massive that it actually impacted consumer spending.

If you don’t believe me, consider yesterday’s Fed FOMC announcement. Following the worst month for stocks since 2008… a month in which some 89% of global assets went red of the year… the Fed didn’t even blink.

Yesterday, the Fed:

1)   Hiked rates again.

2)   Reiterated that it will hike rates THREE more times in 2019 (rather than reducing the intended number to two or even one).

3)   Made it clear that it will hike until it sees a negative impact on the REAL economy (the labor market or consumer spending).

Put simply, yesterday the Fed broadcast to stocks “you’re on your own.”

I routinely say that stocks are the last asset class to “get it.” Well they “got it” yesterday, slamming into former support. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 keep warning, the Fed is going to hike rates until something breaks.

And by “something,” I don’t meant a garden variety correction in the markets; the Fed has made it EXPLICIT that it would only consider slowing the pace of rate hikes if the markets entered a meltdown so massive that it actually impacted consumer spending.

If you don’t believe me, consider yesterday’s Fed FOMC announcement. Following the worst month for stocks since 2008… a month in which some 89% of global assets went red of the year… the Fed didn’t even blink.

Yesterday, the Fed:

1)   Hiked rates again.

2)   Reiterated that it will hike rates THREE more times in 2019 (rather than reducing the intended number to two or even one).

3)   Made it clear that it will hike until it sees a negative impact on the REAL economy (the labor market or consumer spending).

Put simply, yesterday the Fed broadcast to stocks “you’re on your own.”

I routinely say that stocks are the last asset class to “get it.” Well they “got it” yesterday, slamming into former support. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 keep warning, the Fed is going to hike rates until something breaks.

And by “something,” I don’t meant a garden variety correction in the markets; the Fed has made it EXPLICIT that it would only consider slowing the pace of rate hikes if the markets entered a meltdown so massive that it actually impacted consumer spending.

If you don’t believe me, consider yesterday’s Fed FOMC announcement. Following the worst month for stocks since 2008… a month in which some 89% of global assets went red of the year… the Fed didn’t even blink.

Yesterday, the Fed:

1)   Hiked rates again.

2)   Reiterated that it will hike rates THREE more times in 2019 (rather than reducing the intended number to two or even one).

3)   Made it clear that it will hike until it sees a negative impact on the REAL economy (the labor market or consumer spending).

Put simply, yesterday the Fed broadcast to stocks “you’re on your own.”

I routinely say that stocks are the last asset class to “get it.” Well they “got it” yesterday, slamming into former support. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 keep warning, the Fed is going to hike rates until something breaks.

And by “something,” I don’t meant a garden variety correction in the markets; the Fed has made it EXPLICIT that it would only consider slowing the pace of rate hikes if the markets entered a meltdown so massive that it actually impacted consumer spending.

If you don’t believe me, consider yesterday’s Fed FOMC announcement. Following the worst month for stocks since 2008… a month in which some 89% of global assets went red of the year… the Fed didn’t even blink.

Yesterday, the Fed:

1)   Hiked rates again.

2)   Reiterated that it will hike rates THREE more times in 2019 (rather than reducing the intended number to two or even one).

3)   Made it clear that it will hike until it sees a negative impact on the REAL economy (the labor market or consumer spending).

Put simply, yesterday the Fed broadcast to stocks “you’re on your own.”

I routinely say that stocks are the last asset class to “get it.” Well they “got it” yesterday, slamming into former support. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 keep warning, the Fed is going to hike rates until something breaks.

And by “something,” I don’t meant a garden variety correction in the markets; the Fed has made it EXPLICIT that it would only consider slowing the pace of rate hikes if the markets entered a meltdown so massive that it actually impacted consumer spending.

If you don’t believe me, consider yesterday’s Fed FOMC announcement. Following the worst month for stocks since 2008… a month in which some 89% of global assets went red of the year… the Fed didn’t even blink.

Yesterday, the Fed:

1)   Hiked rates again.

2)   Reiterated that it will hike rates THREE more times in 2019 (rather than reducing the intended number to two or even one).

3)   Made it clear that it will hike until it sees a negative impact on the REAL economy (the labor market or consumer spending).

Put simply, yesterday the Fed broadcast to stocks “you’re on your own.”

I routinely say that stocks are the last asset class to “get it.” Well they “got it” yesterday, slamming into former support. The stage is not set for a bloodbath as stocks meltdown to 2,100.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 political outcome of the midterms if FAR less important than what is happening in the real economy.

What is happening in the real economy is that inflation has hit the point at which corporations are raising prices to the degree than Americans are demanding higher wages to compensate.

Wages and salaries jump by 3.1%, highest level in a decade

• Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department.
• Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.
• Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures.

Source: CNBC

This represents the final stage of inflation seeping into an economy. This is why the Fed is so desperate to raise rates even if it blows up the stock market. And it’s why the bond market is in SERIOUS trouble.

And the bond market knows it.

The bond market continues to blow up with yields on the ALL-IMPORTANT 10-Year US Treasury retesting their recent highs.

This is a MASSIVE deal. This is effectively the bond markets telling the world that inflation is MUCH higher than most believe. And we’re now reaching the point at which junior debt instruments (risky corporate debt, auto loans, subprime mortgages) are beginning to blow up again.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 political outcome of the midterms if FAR less important than what is happening in the real economy.

What is happening in the real economy is that inflation has hit the point at which corporations are raising prices to the degree than Americans are demanding higher wages to compensate.

Wages and salaries jump by 3.1%, highest level in a decade

• Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department.
• Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.
• Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures.

Source: CNBC

This represents the final stage of inflation seeping into an economy. This is why the Fed is so desperate to raise rates even if it blows up the stock market. And it’s why the bond market is in SERIOUS trouble.

And the bond market knows it.

The bond market continues to blow up with yields on the ALL-IMPORTANT 10-Year US Treasury retesting their recent highs.

This is a MASSIVE deal. This is effectively the bond markets telling the world that inflation is MUCH higher than most believe. And we’re now reaching the point at which junior debt instruments (risky corporate debt, auto loans, subprime mortgages) are beginning to blow up again.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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 political outcome of the midterms if FAR less important than what is happening in the real economy.

What is happening in the real economy is that inflation has hit the point at which corporations are raising prices to the degree than Americans are demanding higher wages to compensate.

Wages and salaries jump by 3.1%, highest level in a decade

• Wages and salaries rose 3.1 percent in the third quarter, the biggest increase in a decade, according to the Labor Department.
• Overall compensation costs were up 2.8 percent, ahead of Wall Street expectations.
• Wages have been the missing piece in the economic recovery, though the Fed has been raising rates to guard against future inflationary pressures.

Source: CNBC

This represents the final stage of inflation seeping into an economy. This is why the Fed is so desperate to raise rates even if it blows up the stock market. And it’s why the bond market is in SERIOUS trouble.

And the bond market knows it.

The bond market continues to blow up with yields on the ALL-IMPORTANT 10-Year US Treasury retesting their recent highs.

This is a MASSIVE deal. This is effectively the bond markets telling the world that inflation is MUCH higher than most believe. And we’re now reaching the point at which junior debt instruments (risky corporate debt, auto loans, subprime mortgages) are beginning to blow up again.

If you want a template for where we are right now, it’s “late 2007″… which means 2019 will be when the next crisis hits.

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