It’s Confirmed, the US is Officially in Recession
Economics / Recession 2017 Jan 14, 2017 - 08:01 AM GMTThe US is officially in a recession.
This won’t show up in the “official” data… because the official data is fiction. GDP numbers might as well be in a Harry Potter novel, they’re that inaccurate and ridiculous.
If you want to see what’s happening in the REAL economy, you need to look at tax receipts. When the economy is growing tax receipts rise. When it is shrinking, tax receipts fall.
As you can see below, tax receipts have gone NEGATIVE.
H/T Hedgin
THIS ONLY HAPPENS DURING A RECESSION.
Those investors who believe that GDP growth of 5% is right around the corner are marching like lambs to the slaughter.
I’ve alerted subscribers of my Private Wealth Advisory newsletter to SIX investments to profit from what is going to be the a sharp market collapse in the coming weeks.
As I write this ALL of them are up, making us money… while 99% of investors pile into stocks… like lambs to the slaughter.
This is not surprising. We make money on 86% of our investments, outperforming the vast majority of “gurus.”
If you want to try out a subscription to Private Wealth Advisory you can do so for 3o days for just $0.98.
However, this offer expires tonight at midnight.
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Best Regards
Graham Summers
Phoenix Capital Research
http://www.phoenixcapitalmarketing.com
Graham also writes Private Wealth Advisory, a monthly investment advisory focusing on the most lucrative investment opportunities the financial markets have to offer. Graham understands the big picture from both a macro-economic and capital in/outflow perspective. He translates his understanding into finding trends and undervalued investment opportunities months before the markets catch on: the Private Wealth Advisory portfolio has outperformed the S&P 500 three of the last five years, including a 7% return in 2008 vs. a 37% loss for the S&P 500.
Previously, Graham worked as a Senior Financial Analyst covering global markets for several investment firms in the Mid-Atlantic region. He’s lived and performed research in Europe, Asia, the Middle East, and the United States.
© 2016 Copyright Graham Summers - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
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