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November
19
2018

The Good Times For The Markets Are Over – The Bad Times Are About To Hit
Graham Summers

“…what’s now unfolding is no longer due to just trade tariffs and rate hikes. By the time October ended, an astonishing 89% of global assets were in the red for the year.”

Global growth is officially dead.

The markets picked up on this first, with Copper, Lumber, Industrial Metals and other economically sensitive asset classes collapsing starting in May.

Looking at those charts, it was easy to single out the Fed as the culprit, since the Fed’s hawkishness had ignited the $USD which in turn put pressure on commodities.

However, what’s happening now is much bigger than just the Fed. Between June and August, two of the stock markets that are most closely aligned with global trade (South Korean and Germany) topped.

And when I say, “topped” I mean they TOPPED and then proceeded to collapse.

Looking at those charts going into October, you could have argued that this was due to the Fed and the Trump trade war. Indeed, had the Fed STOPPED its hawkishness and the Trump administration managed to cut a deal with China last summer, it’s quite possible that the financial markets would have corrected, but we wouldn’t have had a full blown meltdown.

However, neither of those things happened. The Fed made it clear it’s going to hike until something breaks. And China, for whatever reason, has decided it would rather risk economic collapse, than appear weak against the US.

Which is when October hit… at which point it became clear that what’s now unfolding is no longer due to just trade tariffs and rate hikes. By the time October ended, an astonishing 89% of global assets were in the red for the year.

There is only one way to interpret that kind of bloodbath: we’re officially at the end of a credit cycle that began in 2009. The good times are officially over, and the bad times (the next crisis) is about to begin.

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

 


 

Graham Summers, MBA is Chief Market Strategist for Phoenix Capital Research, an investment research firm based in the Washington DC-metro area.

Graham’s sterling track record and history of major predictions has made him one of the most sought after investment analysts in the world. He is one of only 20 experts in the world who are on record as predicting the 2008 Crash. Since then he has accurately predicted the EU Meltdown of 2011-2012 (locking in 73 consecutive winners during this period), Gold’s rise to $2,000 per ounce (and subsequent collapse), China’s market crash and more.

His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Fox Business, and more. His commentary is regularly featured on ZeroHedge and other online investment outlets.

 

 

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