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BULLSHIT DETECTOR: IMF Warns Global Recession WORST EVER!

Tom Beck
June 28th, 2020
Portfolio Wealth Global
Comments (3)

This article was contributed by Tom Beck of Portfolio Wealth Global. 

Retail investors are SIGNING their own DEATH WARRANT right now.

On every GREEN DAY, they’re doubling down and on each BLOODY RED SCREEN, they’re buying the dip.

I was 16 when the Dotcom niche was raging and I remember that EVERYONE was talking about it, but I didn’t get to FEEL IT. In 2017, I was seeing it FIRST-HAND with cryptocurrencies. Right now, it smells like we’re in the midst of the bubble TOWARDS THE END.

 

Courtesy: Zerohedge.com

As much as we are all aware that Facebook, Apple, Amazon, Microsoft, and Netflix are the HEDGE FUND DARLINGS and that nothing lasts forever, we can’t FIGHT TRENDS.

When huge paradigm shifts occur, the darlings change.

For now, as you can see, the trend is still in place, which tells me the BULL MARKET is still on.

It’s the LAST STRETCH of the euphoria, so the indices will be volatile. It’s normal, and you have to decide if you just WANT TO OBSERVE or time this mania and capitalize.

We STRICTLY FOLLOW our watch lists and LIMIT ORDERS, available HERE and HERE.

Courtesy: Zerohedge.com

One of the sub-prime mortgage crisis’ most famous CEO quotes was that you have to keep dancing as long as the music is playing, and CEOs are certainly TAKING FULL ADVANTAGE of the appetite out there to lend funds at STUPIDLY-LOW rates to corporations.

Too much money at the hands of the rich and they have run out of places to put it. This is the main driver of artificially-low rates for corporate bonds.

So what’s next? More of the same, but make sure to keep an eye on gold since $1,800/ounce is a BIG DEAL for it.

The IMF (International Monetary Fund), which is a SYSTEMATICALLY IMPORTANT institution, is warning off investors about the recession and the market-high valuations.

I’ve never seen this institution so bearish.

On the flip-side, retail investors are so bullish that they are BASHING Warren Buffett for selling the airlines, Howard Marks for advocating caution, and they’re celebrating how easy it is TO PICK WINNERS.

This is how a bubble looks close to the end; newbie traders feel invincible.

Courtesy: Zerohedge.com

As you can see, the elections will DETERMINE much for the stock market in the coming years.

Don’t buy the whole notion that markets will crash JUST BECAUSE Democrats are in charge, but as I said on Tuesday, I just don’t place ANY VALUE on Joe Biden, specifically.

In the next few days, perhaps over the weekend even, we will know if some states will go back to COVID-19 restrictions.

The markets have been pricing in a recovery without ANY STALLS, so any real bad news will lead to a SELL-OFF, while any good news, to the contrary, will drive investors back.

Expect plenty of ups and downs in the weeks ahead!

As far as we’re concerned, the entire system is at its most delicate phase since 1971.

It wouldn’t take a storm to drive it to the ground – a MILD SNEEZE will do!

EXCLUSIVE REPORTS, Featured In This Article and in Others, Which Are Considered ESSENTIAL READING:
1. Gold Investing – DOWNLOAD HERE!
2. Trump’s War with Mainstream Media – DOWNLOAD HERE!
3. Covid-19 Round2 Sell-Off Playbook – DOWNLOAD HERE!
4. Why The Dollar Is Dead – DOWNLOAD HERE!

President Trump is Breaking Down the Neck of the Federal Reserve!

He wants zero rates and QE4!

You must prepare for the financial reset

We are running out of time

Download the Ultimate Reset Guide Now!

Author: Tom Beck
Views:
Date: June 28th, 2020
Website: https://www.portfoliowealthglobal.com/

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3 Comments...

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  1. Andrea.Iravani. says:

    The lockdowns are passive murder. I do not believe that they will attempt it again because the majority of the medical and scientific communities have acknowledged that Covid is no more fatal than the seasonal flu, that the tests are extremely inaccurate, that the vaccines are unnecessary, and that the lockdown caused far greater health threats than corona flu.

    The power brokers are out of options and are frantically grasping at straws in order to maintain credibility and their power.

    These desperate futile attempts have only resulted in the escalation of their own demise, including financing the terrorist organization BLMGN, with Weather Underground convicted terrorist Susan Rosenberg recieving donations from BLMGN, which were funneled to Act Blue, and then to Thousand Currents which Rosenberg is a board member of.

    There are alt right journalists demanding race wars, civil wars, and another Jewish Holocaust.

    They have perhaps been contracted by a European bank to call for such insanity as a “solution!”

    If that were to occur in America, foreign militaries would be here yesterday!

    The world did not tolerate Germany or Hitler attempting it, and the world will not tolerate America and Trump or Biden attempting it!

    They are desperate as hell! European bankers are begging the Chinese to further open their financial markets to Europeans, because the Europeans know that they cannot economically compete with China without severely lowering their standard of living. The Europeans are being discovered for how manipulative they actually are, hopefully by their own citizens!

    The Europeans are caught between a rock and a hard spot with both Russia and China, after their two-faced behavior thankfully might be leading Trump to abandon Europe militarily, because, let’s face it! We simply can’t afford to do it, or take the heat for being blamed for being their lynch men. Their currencies have been heading north, but I don’t know how that will end up, or how long it will last for.

    Andrea Iravani

    • Frank Thoughts says:

      Thank you, thank you! Finally somebody calls BLM what it is: a terrorist organisation. And the last I checked, the US military is supposed to KILL terrorist organisations. So, why are they just doing what they normally do (jack off and Hellfire Muslims with their joy sticks)?

  2. Darth Skippy says:

    With all due disrespect for too-big-to-fail red diaper babies, media would tend to be more popular because of the extra shut-ins.

    You might position yourself ahead of Lockdown 2.

    Only, if you’re amoral.

    The plot lines, on these channels, are mainly delivery mechanisms for gang culture, miscegenation, and white fragility agitprop.

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