Is it Autumn 2007 All Over Again?

IMG Auteur
 
 
Published : February 22nd, 2017
310 words - Reading time : 0 - 1 minutes
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating  
0
Send
0
comment
Our Newsletter...
Category : Crisis Watch

While the financial world continues to delight in Trump Mania, the US economy has rolled over into recession.

I realize this sounds completely insane. After all, stocks are at new all time highs and a full 61% of Americans view the economy as “strong.”

Unfortunately, this is perception, not reality. When it comes to the economy today, Americans are like the guy who hasn’t realized the party is over, and keeps dancing while others are already starting to leave.

Consider Government tax receipts. This is perhaps the single most objective economic metric on the planet. If the economy is growing, business are being started, jobs are being created, and more people and entities area paying taxes.

However, if the economy ISN’T growing, the growth rate of this metric quickly rolls over.

Feast your eyes on this. Tax receipts have turned negative (Year over Year) for the FIRST time since the financial crisis. And as you’ll note, this has NEVER happened outside of a recession in 40+ years.

Don’t let that little uptick fool you. This is a blip in multiyear downtrend (note tax receipts PEAKED in 2010 and have been trending lower ever since).

The last time this happened was RIGHT. BEFORE. THE. FINANCIAL. CRISIS.

You know what else happened back then?

Stocks had just hit new all-time highs, having become overbought and massively overextended from their long-term trendline.

Kind of like today.

On that note, we are already preparing our clients for this with a 21-page investment report titled the Stock Market Crash Survival Guide.

In it, we outline how the coming crash will unfold…which investments will perform best… and how to take out “crash” insurance trades that will pay out huge returns during a market collapse.

We are giving away just 1,000 copies of this report for FREE to the public.

To pick up yours, swing by:

https://www.phoenixcapitalmarketing.com/stockmarketcrash.html

Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.