To anyone who is buying into this stock market rally…
Let me ask you…
If everything is great… why did the Fed completely abandon ALL rate hikes for 2019 and suggesting it could raise them FOUR times without any difficulty?
If everything is just fine …why are TOP Fed officials in charge of monetary policy openly suggesting the Fed should implement NEGATIVE Interest Rates and QE in the near future?
If everything is under control… why is the Fed’s #2 telling us that the Fed is reviewing policies that were deemed so extreme that it didn’t use them in the 2008 crisis?
If things are great and there’s nothing to worry about… why is every single Fed nominee proposed by the White House suggesting the Fed start cutting rates NOW?
If everything is just hunk dory… why is the White House’s Chief Economics Advisor appearing DAILY on TVto urge the Fed to stage an emergency rate cut of 0.5%?
If things are running smoothly… why has China pumped liquidity in the amount of 9% of its GDPinto its financial system in the first quarter of 2019… an amount even greater than what it put into its financial system throughout the ENTIRE 2008 crisis?
If there’s nothing to worry about… why did the European Central Bank have to implement a NEW monetary policy within 45 days of ending its last one?
And if there’s really no cause for concern… why has the Bank of International Settlements… the Bank that Central Banks turn to when they’re in trouble… stated that global Central Banks don’t have the tools to deal with the next crisis…?
The answer is in this chart.
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 exclusivelyto 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.
Chief Market Strategist
Phoenix Capital Research