Two Black Swans, Far Greater Than BREXIT Are On the Horizon

Phoenix Capital Research's picture

While the world continues to focus on the BREXIT, two other, much larger problems are emerging.

The first is that the US is back in recession. Labor Market Conditions, Industrial Production, the Dallas Fed Workweek, Commercial and Industrial Loan Delinquencies, Corporate Debt Levels, and Inventory Accumulation are ALL in recessionary territory.

Because it is an election year, there is an even greater need to maintain the narrative than usual. So don’t expect an official announcement of this recession until sometime in earl to mid 2017

Regardless of when the elites announce it, the fact remains, the US is in recession. , Seven years of ZIRP and $3.5 trillion in QE by the Fed generated the weakest recovery in seven years. And the Fed is now out of any effective ammo (the benefits of a rate cut would be transitory at best).

In short, the academically based theories of the Fed’s Presidents have been proven to be bunk. The Fed cannot stop the business cycles. All it has done is create a bubble in every asset class under the sun. And this time around, stocks will be crashing to new lows below the March 2008 levels of 666 on the S&P 500.

The second big issue is China’s hard landing/ devaluation. As the US moves into recession/ deflation the US Dollar will surge, putting increased pressure on the Yuan. China has devalued it steadily since 2015, but it’s still got 30%-40% to go.

With China already in a hard landing (real GDP growth is 3%-4% at best), China is in a position to stage a one off massive devaluation and blame the currency turmoil on the BREXIT.

In short, the two largest economies in the world are contracting. One is entering a currency Crisis (China). The other’s currency is part of a $9 trillion carry trade (the US Dollar).

This is a ticking time bomb waiting to go off. No less than the Bond King Bill Gross has stated that we're heading for a massive crisis. Investing legends Carl Icahn, George Soros, and Stanley Druckenmiller are all taking out MASSIVE trades to profit from a market collapse.

Say what you will about any of these individuals, ALL of them are masters of the financial markets. And ALL of them are preparing for a CRASH.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline the coming crash will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

We are giving away just 1,000 copies of this report for FREE to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
otschelnik's picture

A hedge fund manager walks into a bar for a stiff drink after a hard day.  He sees a black swan at the end of the bar nursing a drink.  the HF manager walks up to him and says "who the hell let you in here?"  The black swan signs and says "shit man, always unwelcome and unexpected . . ."

CheapBastard's picture

Are we allowed to say Black swan on the internet or had Lowrenta declared that's a crime also?

Who was that masked man's picture

Two black swans walk into a bar.

Bartender says, "what'll it be boys?"

Swan says, "I'll have a pink elephant and my friend here wants a purple rain."

 

Lonesome Crow's picture

 

 

 

This last run bulled-up on the first trading day in January, 2013.

Maybe there is an off chance that the inevitable bear-down will swipe its claw upon the monthly gap at 1420.

 

Kokulakai's picture

Black Swan?

The economy has been walking dead since 2008.

The length, depth, and breadth of this depression has been hid from the public.

40 million on food stamps.

The participation rate at historic lows.

Manufacturing has all but disappeared from the US

Hell, the U.S. can't even grow enough food to feed itself.

What comes next, I'm afraid, will shock even the most cynical among us.

Automatic Choke's picture

"Investing legends Carl Icahn, George Soros, and Stanley Druckenmiller are all taking out MASSIVE trades to profit from a market collapse.  Say what you will about any of these individuals, ALL of them are masters of the financial markets. And ALL of them are preparing for a CRASH."

 

If George Soros is such a whizbang, why did he just lose his shirt, pants, and soiled skivvies by betting the wrong way on the pound pre-brexit vote?

 

Bopper09's picture

The elites are so fucking ignorant they are becoming unattached from reality.  And I really don't blame them for thinking that way, people have become lazy and stupid.  Blatent criminal action will still get votes.  Enough said.

Axenolith's picture

Probably because George is under the impression that a majority were still buying the globalist media bullshit being sold to them.

sun tzu's picture

Nobody wins every bet. He's obviously won more than he lost. How about you?

Truth Eater's picture

2 black swans enter a bar.  The barkeeper says- we don't serve black swans here.  One black swan sighs with relief and says: then I will have chicken.

Truth Eater's picture

Is that cajon seasoned black swan, over-charbroiled black swan, or african-merukan black swan?

Ban KKiller's picture

What's on teevee? Are we out of beer?

conraddobler's picture

Two black swans walk into a bar........

WmMcK's picture

... and order two beers. The bartender asks," Long necks?" They say, "Do we have a choice?"

Pliskin's picture

A guy walks into a bar, he orders the strongest drink the barman has.  barman sets a cocktail on the bar, "What's THAT?" Asks the man.  "That's a Black Swan, our strongest drink."  Says the barman.  After a few of these, and feeling a little drunk, the guy sets off home.  On the way he meets a black swan, on the footpath, "Hey," says the man, "Do you know there's a drink named after you?"  The black swan says, "There's a drink named Gary?"

Sorry guys, that's all I got....

I'll get my coat!

 

prefan4200's picture

.... from opposite ends of the bar, spot each other, and both of them look at the other and shout "what the fuck are YOU doing here?!?" just moments before the bomb goes off and an asteroid hits the bar simultaneously.

Automatic Choke's picture

that was definitely a spit-take, out-loud, chortle.   never heard that before.

 

Claire Voyant's picture

What racists, black swans matter.

RMolineaux's picture

So we now know that Soros, Icahn, Druckenmiller et al. are all set to profit from other people's misfortune in the event of a stock crash. 

MrSteve's picture

Anyone shilling for newsletters by broadcasting mis-labeled event notifications and correlation-implies-causation logic must have a highly misinformed content in their nooseledder: just my best bet...

Dr. Spin's picture

 

<<<<< We make it 12 more months.

<<<<< We don't make it 12more months.

May I have some ground pepper for that Blackened Swan pleeze?

;-D  

CHX's picture

To paraphraze Billy, it depends on the meaning of "make it"...   

snakehead's picture

Ahem: A Black Swan event by definition is not anticipated. Into the round file.

robertsgt40's picture

Yup, the Fed is basically outta ammo. That's why DHS has been stockpiling billions of rounds of various hollow point calibers.  BTW, hollow points are disallowed by the Hague Convention of 1899. Not that the US has observed international law in the last half century. This ammo is for domestic consumption. It's almost showtime. 

newworldorder's picture

i will leave you with one thourhgt. Almost everyone has a family to protect. Militaries mobilize and deploy becasuse their families are safe. The alpahbet soups live here. There is nowhere to hide their families.

Vendetta's picture

yep, how will they get the military to go off on another misadventure in a foreign land when their families are starving or worrying about roaming pillagers?

nightshiftsucks's picture

Yep and plenty will be going back their way.

conraddobler's picture

Yeah it's like there are enough ANTICIPATED events that could do this so there is NO need for an unexpected one but if it comes I am sure it will do it's job.

Keep your eye on the ball.

All money and credit is controlled by a very small number of people.

They are our rulers and they rule us as long as this is so.

Whatever conditions may occur during our enslavement it is but a matter of, "So how did your day in slavery go today?"

You really should great EVERY OTHER HUMAN ON PLANET EARTH THAT WAY, except of course for a very small set of people who you probably don't even know.

To every other person on earth instead of "how's it going?" you could just use.

"How is your day of complete monetary enslavement going?"

Too long?

 

ArmaG3don's picture

At some point it will be 'make love not war' mentality i'm waiting for this event very patiently.

CheapBastard's picture

The middle class has been in a recession for at least a decade. So it's nothing new for them. The lower classes and the Elite have benefited the most from all the DC and Fed hooliganism.

Mcguyver's picture

I work in the Mines I saw this comming a mile away - since 2008 we have been rolling in cheap credit and zero demand - zero demand in the
Base metal mines means zero demand for everything - only the miners in the mines know it quick because we are paid production bonuses which suffered a great deal.... Now Gold is kicking ass and Gold mines are firing up everywhere - well folks when people want to trade their money for Gold so they can bury it that sure says a lot about the state of the global economy. Don't get any ideas this will end quickly though - it will be slow and painful - many will go jobless, homeless and hungry as the minority who is still employed acts asif everything is fine ---- asif it is the fault of those jobless folks that they are jobless. This road were on hasn't brought us to a desperate place yet because people still have credit - when that runs out you will see desperation - that's their goal - all the crazy stuff you see in third world countries is brought about via desperation - and with that the masses will beg the powers that be to do whatever it takes to end the suffering ---- that's the Goal...

Vendetta's picture

yep, I've been a temporary employee for 13 years straight while I have had to move 5 times for work during that time and they keep telling me things are normal and that I'm peddling fucking fiction about a shitty economy... fucking liars the lot of them.

Mcguyver's picture

I'm working in south east Asia now --- I took some work domesticly and was blown away at the high expectations and low pay --- saw 4 consecutive pay cuts in a year and had them tell the work force they were lucky to have a job - that this was necessary to stay in business. Treat the employees like garbage. I saw enough of that nonsense and retired to my farm and unemployment insurance until I could secure work overseas that actually pays anything - let's hope I keep my head on my shoulders - fingers crossed .....

newworldorder's picture

use the word "monetary" otherwise you might be misconstrued. 

Zero-Hegemon's picture

If you like your blackened swan, you can eat it