This Might Be the Best Trade Setup In 8 Years (the 2008 Trade is Back)
by The Phoenix
The US is now rapidly approaching, if not already in a recession.
The media likes to talk about unemployment. But the unemployment rate is so gimmicked to make the economy look strong, that even THE FED had to create its own employment metric.
When even the Fed calls out data for being phony, you know it’s complete fiction.
The Fed’s metric for job growth is the labor market conditions index. And it is firmly in recessionary territory.
An even more sensitive measure for economic 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.
Meanwhile, stocks are just 1% away from their all time highs.
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.
We’re currently preparing for a similar situation today.
To take out a 30 day trial to Private Wealth Advisory for just 98 cents…
Chief Market Strategist
Phoenix Capital Research
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