With the Fed recently re-affirming its commitment to cutting rates to keep the expansion going ‘for as long as possible’, stocks have continued rising to all-time record highs. Despite these record prices, though, the low-volume tepid action we’re seeing suggests the vigor underlying today’s financial markets is waning.
Why? Because there’s nothing left to boost asset prices higher from here except *maybe* a trade deal with China. Beyond that, all the other macro drivers out there are pointed to the downside.
But the Trump administration keeps promising “we’re almost there!” nearly every day. So much of the benefit of any trade deal is already priced into today’s markets. And the reality of a deal could easily underwhelm vs expectations.
So, there’s little left to prop up stocks, bonds and real estate prices. But there’s a mounting Rogue’s Gallery of risks threatening to drop them lower. A lot lower.
Given the vast and fast multiplying signs of the unfolding global recession, the huge disconnect between asset prices and underlying fundamentals, the swelling population who’s priced out of stocks/housing/life above the poverty level, the retirement crisis, rising oil prices, the rejection of globalism in favor of nationalism breaking out in many countries, growing political and social/generational animosity — our entire system is about to hit the brick wall of “Reality” at full speed. And have you noticed we haven’t even mentioned the brewing debt crisis yet?
Which fallout implications we should we most likely expect from here? And what prudent steps should you consider taking now, to prepare before crisis arrives?
Find out by registering for the upcoming free webinar “End Of The Road”, airing on Thursday July 18th at 7pm ET/4pm PT, a joint production by Peak Prosperity, Jefferson Financial and Benchmark Financial Services.
Featured faculty for this webinar include Ted Siedle, national pension expert and recipient of the two largest-ever whistleblower settlements from the SEC and CFTC, Chris Martenson PhD, economic analyst and co-founder of PeakProsperity.com, and Brien Lundin, publisher of GoldNewsletter.com and producer of America’s longest-running investment conference.
And yes, the webinar will allow for interactive audience Q&A with these speakers, as well as with additional participating financial experts.
You can register for this free webinar, by clicking here.
Don’t worry if you can’t make the live event on July 18th; a replay video of the full webinar will be sent to everyone who registers.
We look forward to seeing you on the 18th!
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