Yellen Goes on Record: The Fed's Pulling the Plug This Year

The Fed keeps ringing bells to signal the top, but the markets aren’t listening.

Janet Yellen is set to present the Fed’s Monetary Report to Congress this week. Her remarks have already been posted online.

The results aren’t pretty.

Valuation pressures across a range of assets and several indicators of investor risk appetite have increased further since mid-February...

The Committee currently expects to begin implementing the balance sheet normalization program this year provided that the economy evolves broadly as anticipated...

Source: Federal Reserve

Firstly, Yellen is CLEARLY warning that the Fed sees bubbles in the system. For a Fed Chair to specifically cite “valuation pressures” in the markets is simply incredible… particularly when you consider that the Fed has been actively propping up stocks for the better part of eight years.

Secondly, Yellen reiterates the Fed’s intention to begin normalizing its balance sheet this year. This is an absolute game changer for the markets as it marks the first time in a DECADE that that FEd will be actively withdrawing liquidity from the system.

What does all of this mean?

The Fed is getting ready to pull the plug on the markets.

What does that mean for stocks?

We're going to have the 3rd and worst crisis in 20 years.

A Crash is coming…

And smart investors will use it to make literal fortunes.

We offer a FREE investment report outlining when the market will collapse as well as what investments will pay out massive returns to investors when this happens. It's called Stock Market Crash Survival Guide.

We made 1,000 copies to the general public.

As I write this, only 29 are left.

To pick up one of the last remaining copies…


Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research





JailBanksters Mon, 07/10/2017 - 10:30 Permalink

There's only 2 things wrong with the satement:It contains "expects" and "provided" in the same sentance.So there's a Way-In and an Escape-Route at the same time.Gawd, talk about hedging your Bets,  they're hedging their statements.The statement is pointless, provided something does happen and doesn't happen.What kind of Efing Nonsense is this, or is this what they call "Guidance" 

MrBoompi Mon, 07/10/2017 - 11:04 Permalink

We really haven't been able to believe most of what the Fed Chairmen have told the public for 100 years so there's no reason to start believing them now.  One thing they will never pull the plug on is bailing themselves out.

XBroker1 Mon, 07/10/2017 - 11:50 Permalink

"We made 1,000 copies to the general public. As I write this, only 29 are left." If they're going that fast, why even bother writing? lol

SidSays Mon, 07/10/2017 - 14:46 Permalink

The Federal Reserve is Above the LawYou were warned..."If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson 

luna_man Mon, 07/10/2017 - 21:59 Permalink

 "Free Investment Report"...Now you know Graham, if it was worth it's weight in print, IT WOULDN'T BE FREE! Always nice to read your print anyway

Grandad Grumps Mon, 07/10/2017 - 22:47 Permalink

They keep saying there will be a crash, but the banks control price and they keep the prices up. The Fed is just a tool of the global banking system. It does not control it.

Charvo Tue, 07/11/2017 - 03:08 Permalink

It looks and feels like the long treasury bond is getting pushed down in order to get interest rates high enough to break this stock market.  The question is how much the Fed has to push treasuries down in order to make it attractive vs stocks and corporate bonds.

stolich_naya Wed, 07/12/2017 - 16:57 Permalink

Who benefits from this?  The Fed can't possibly balance its own balance sheet as they've been planning both sides for years.  And why the turn around now?  Do they know something we don't?