The 2008-Trade Setup is Back… Are You Ready?
by Phoenix Capital Research
Remember late 2007/ early 2008?
The US economy was entering a recession; the worst recession in decades. But 99% of economists didn’t see it.
Night after night the media proclaimed that the economy was rock solid. They missed the warning signs as experts emerged to proclaim the S&P 500 would be soaring to new highs.
Well, we are right back to that environment.
The US is screaming recession.
The best measures for economic activity in the US are tax receipts. The two that matter most are state sales tax receipts, which indicate how much people are spending, and Federal Personal tax receipts which show who has a job.
BOTH are collapsing into recessionary territory.
Another major warning sign…
The year over year delinquency rate on commercial and industrial loans is skyrocketing. This means that businesses are late making loan payments… they only do this when they don’t have the cash handy to pay the bank.
This ONLY occurs during recessions.
H/T Bill King
More and more this environment feels like late 2007/ early 2008: when the economy was in collapse but stocks held up on hopes that the Fed could maintain the bubble.
The time to prepare for this bubble to burst is now. Imagine if you’d prepared for the 2008 Crash back in late 2007? We did, and our clients made triple digit returns when the markets imploded.
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 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:
Chief Market Strategist
Phoenix Capital Research