The Fed is Going to Hike Until Something BREAKS.

Jerome Powell has made a truly staggering admission…

That admission is that the Fed is going to “hike rates until something breaks.” And when I say “breaks” I don’t mean stocks fall 5%; I’m talking about a full-scale crisis like 2008.

If you think I’m being dramatic here, consider that Powell explicitlystated this during a Q&A session follow the Fed’s last meeting.

I think either a significant—significant—correction and lasting correctionin financial markets or a slowing down in the economy that’s inconsistent with our forecast—those are the kinds of things we’d react to…

When pressed for what would be considered “significant”Powell indicated something that would impact “consumption”AKA consumer spending.

What is Powell saying here?

Fed Chair Powell is stating that the Fed won’t stop hiking rates unless stocks collapse for a prolonged period to the point that it impacts consumer spending.

We’re not talking about a garden variety stock market correction here, we’re talking about a financial crisisor some other event dramatic enough that it caught the attention of the average American and made him or her change his or her spending plans.

In picture form, Jerome Powell won't even bat an eye at drops like these:

He's going to hike rates until stocks do something like this:

What does this mean?

The Fed is going to hike until something BREAKS. And that "something" is the Everything Bubble.

If you aren't actively taking steps to prepare for this, you need to start NOW.

On that note, we offer a FREE investment report outlining when the bubble will burst as well as what investments will pay out massive returns to investors when this happens. It’s called The Biggest Bubble of All Time(and three investment strategies to profit from it).

We made 100 copies to the general public.

As I write this there are only a handful left.

To pick up your FREE copy…

CLICK HERE!

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research