Best of the Week
Most Popular
1. The Trump Stock Market Trap May Be Triggered - Barry_M_Ferguson
2.Why are Central Banks Buying Gold and Dumping Dollars? - Richard_Mills
3.US China War - Thucydides Trap and gold - Richard_Mills
4.Gold Price Trend Forcast to End September 2019 - Nadeem_Walayat
5.Money Saving Kids Gardening Growing Giant Sunflowers Summer Fun - Anika_Walayat
6.US Dollar Breakdown Begins, Gold Price to Bolt Higher - Jim_Willie_CB
7.INTEL (INTC) Stock Investing to Profit From AI Machine Learning Boom - Nadeem_Walayat
8.Will Google AI Kill Us? Man vs Machine Intelligence - N_Walayat
9.US Prepares for Currency War with China - Richard_Mills
10.Gold Price Epochal Breakout Will Not Be Negated by a Correction - Clive Maund
Last 7 days
WAYS TO SECURE YOUR FINANCIAL FUTURE - 20th Aug 19
Holiday Nightmares - Your Caravan is Missing! - 20th Aug 19
UK House Building and House Prices Trend Forecast - 20th Aug 19
The Next Stock Market Breakdown And The Setup - 20th Aug 19
5 Ways to Save by Using a Mortgage Broker - 20th Aug 19
Is This Time Different? Predictive Power of the Yield Curve and Gold - 19th Aug 19
New Dawn for the iGaming Industry in the United States - 19th Aug 19
Gold Set to Correct but Internals Remain Bullish - 19th Aug 19
Stock Market Correction Continues - 19th Aug 19
The Number One Gold Stock Of 2019 - 19th Aug 19
The State of the Financial Union - 18th Aug 19
The Nuts and Bolts: Yield Inversion Says Recession is Coming But it May take 24 months - 18th Aug 19
Markets August 19 Turn Date is Tomorrow – Are You Ready? - 18th Aug 19
JOHNSON AND JOHNSON - JNJ for Life Extension Pharma Stocks Investing - 17th Aug 19
Negative Bond Market Yields Tell A Story Of Shifting Economic Stock Market Leadership - 17th Aug 19
Is Stock Market About to Crash? Three Charts That Suggest It’s Possible - 17th Aug 19
It’s Time For Colombia To Dump The Peso - 17th Aug 19
Gold & Silver Stand Strong amid Stock Volatility & Falling Rates - 16th Aug 19
Gold Mining Stocks Q2’19 Fundamentals - 16th Aug 19
Silver, Transports, and Dow Jones Index At Targets – What Direct Next? - 16th Aug 19
When the US Bond Market Bubble Blows Up! - 16th Aug 19
Dark days are closing in on Apple - 16th Aug 19
Precious Metals Gone Wild! Reaching Initial Targets – Now What’s Next - 16th Aug 19
US Government Is Beholden To The Fed; And Vice-Versa - 15th Aug 19
GBP vs USD Forex Pair Swings Into Focus Amid Brexit Chaos - 15th Aug 19
US Negative Interest Rates Go Mainstream - With Some Glaring Omissions - 15th Aug 19
GOLD BULL RUN TREND ANALYSIS - 15th Aug 19
US Stock Market Could Fall 12% to 25% - 15th Aug 19
A Level Exam Results School Live Reaction Shock 2019! - 15th Aug 19
It's Time to Get Serious about Silver - 15th Aug 19
The EagleFX Beginners Guide – Financial Markets - 15th Aug 19
Central Banks Move To Keep The Global Markets Party Rolling – Part III - 14th Aug 19
You Have to Buy Bonds Even When Interest Rates Are Low - 14th Aug 19
Gold Near Term Risk is Increasing - 14th Aug 19
Installment Loans vs Personal Bank Loans - 14th Aug 19
ROCHE - RHHBY Life Extension Pharma Stocks Investing - 14th Aug 19
Gold Bulls Must Love the Hong Kong Protests - 14th Aug 19
Gold, Markets and Invasive Species - 14th Aug 19
Cannabis Stocks With Millennial Appeal - 14th Aug 19
August 19 (Crazy Ivan) Stock Market Event Only A Few Days Away - 13th Aug 19
This is the real move in gold and silver… it’s going to be multiyear - 13th Aug 19
Global Central Banks Kick Can Down The Road Again - 13th Aug 19
US Dollar Finally the Achillles Heel - 13th Aug 19
Financial Success Formula Failure - 13th Aug 19
How to Test Your Car Alternator with a Multimeter - 13th Aug 19
London Under Attack! Victoria Embankment Gardens Statues and Monuments - 13th Aug 19
More Stock Market Weakness Ahead - 12th Aug 19
Global Central Banks Move To Keep The Party Rolling Onward - 12th Aug 19
All Eyes On Copper - 12th Aug 19
History of Yield Curve Inversions and Gold - 12th Aug 19
Precious Metals Soar on Falling Yields, Currency Turmoil - 12th Aug 19
Why GraphQL? The Benefits Explained - 12th Aug 19

Market Oracle FREE Newsletter

The No 1 Gold Stock for 2019

The Markets Will Collapse As Economic Realities Sink In

Stock-Markets / Financial Crash Jan 30, 2017 - 06:03 AM GMT

By: Graham_Summers

Stock-Markets

Well the final data is in and Janet Yellen’s “hot” economy is a disaster.

The US finished 2016 with GDP growth of 1.6%.

This is flat out embarrassing. And it confirms what we have suspected all along: that the 3Q16 numbers were completely fabricated in an excel spreadsheet for political purposes.


This game is run every election cycle. This time around it was just worse than usual.

By the way, the 4Q16 GDP numbers were largely generated by accounting gimmicks as well. Without the inventory buildup and healthcare (Obamacare) real GDP growth was 0.7%.

Put another way, without companies stockpiling stuff and Government mandated socialism, real GDP was barely positive.

Let’s be blunt. The last 8 years were an economic disaster. End of story.

This is not a political attack. This is an attack of this fantasy land nonsense that somehow the numbers are GOOD.

Let’s run down the last 8 years in numbers.

Since 2009, the US debt has risen by $9 trillion, doubling.

Bear in mind, this debt increase occurred despite record tax hauls from 2013 onwards.

Put another way, even while taxes raised more money than ever before, the Government still found a way to grow the debt to the fastest pace in history..

The wonks like to point out that 11 million jobs were created during this time period.

But with the debt increase this comes to ~$900K spent per job created.

If your idea of success is spending $900K to create a single job… with the odds being that the job is part-time (94% of all job creation were in part-time positions), you should not be allowed anywhere near the economics profession or any kind of Government advisory role.

Again, the math process, point blank, states that the last 8 years were an economic disaster. Sure, if you live in a Keynesian echo chamber where you don’t get fired no matter how wrong you are, this looks fine.

Anyone who ran any business like this would have been fired or gone bankrupt LONG ago.

The markets are barely holding up, but this won’t last much longer. The S&P 500 is on thin ice. And now that Dow 20,000 has been obtained, the door is open to a 10% correction in stocks if not worse.

These people are going to get taken to the cleaners.

On that note, I’ve alerted subscribers of my Private Wealth Advisory newsletter to SIX market hedges that will produce double digit winners as the market drops.

As I write this ALL of them are up, making us money… while 99% of investors pile into stocks… and missing out.

You can get access to these six inflation plays… and start receiving my real-time trade alerts, for just $0.98.

In the last two years, we’ve outperformed the S&P 500 by 300%… and with 86% of our trades making money, ours is the single most profitable track record out there.

Best of all, you can explore Private Wealth Advisory  for 30 days for just $0.98.

If at any point, you decide Private Wealth Advisory is not for you, just drop us a line and we’ll issue a FULL REFUND, no questions asked.

But with weekly gains of 14%, 21%, even 41% I know you’ll stay with us. It’s a no brainer… you’re beating the market AND making money for yourself just by following my targeted “buy” and “sell” trade alerts.

To take out a 30 day trial subscription to Private Wealth Advisory for just $0.98…

Click Here Now!

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.

Graham Summers Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules