Tag Archives: markets

  • Insider

    Off The Cuff: Waking Up To A Changed World

    Covid has unleashed decades-worth of transformation all at once
    by Adam Taggart

    Monday, June 1, 2020, 5:03 PM

    10

    In this week’s Off The Cuff podcast, Chris and Wolf Richter discuss:

    • How covid has accelerated decades-worth of change
    • Why industries & social behavior are permanently affected
    • It will take years for the new landscape to stabilize
    • Why the economic pain and inequality will lead to greater social unrest

    Covid-19 has forced an immediate and permanent transformation of the global status quo, and we are in the early stages of understanding exactly how. But it is becoming clear that the pains involved will not be over quickly and that things will take years to stabilize.

    Wolf explains how everything from jobs, to home prices, to social behavior, to financial assets will continue to be buffeted well into 2021, and how the actions of the Federal Reserve are exacerbating the complaints of injustice that underlie the multiplying protests around the nation.

    Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.

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  • Blog

    Market Update: Decision Time!

    The window to act before the next market break is likely very, very short
    by Adam Taggart

    Friday, May 29, 2020, 4:18 PM

    17

    As the market continues to seek out its maximum stupid price limit, it’s now decision time for investors.

    If you’re still long stocks and bonds at this point: Do you now sell to protect your gains?

    If you’re skeptical of today’s prices and sitting in cash: Is now the right time to start shorting the market?

    If you’ve recently been laid off: Do any of the new options offered by the CARES Act that enable you to access retirement funds without penalty make sense for you?

    With markets this overextended, your window of time to take action will likely be quite brief.

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  • Insider

    REPLAY VIDEO: ‘Ask Anything’ Q&A Webinar

    Watch Chris & Adam field *more* questions from PP subscribers
    by Adam Taggart

    Sunday, May 24, 2020, 6:45 AM

    12

    Here’s the replay video of Friday’s “Ask Anything” Coronavirus/Market-Meltdown Q&A webinar #3.

    Why is this restricted to Peak Prosperity’s premium subscribers? Two main reasons:

    One — we expect a number of our answers to be our ‘best guesses’ given the incomplete data available. We don’t feel it appropriate to put that kind of speculation out into the public domain.

    And Two — one of the many benefits of premium membership is closer access to the experts on this site.

    If you’re not yet a premium member but would like becoming one and watch the webinar, click here to subscribe.

    And if you choose not to enroll, that’s completely fine. We’ll still continue producing our free daily videos/etc for as long as these historic challenges we face remain fluid.

    cheers,

    Adam & Chris

    Enroll Now
    Or Sign In with your enrolled account.

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  • Blog

    Market Update: Comforting Lies

    Don't fall for them; now more than ever
    by Adam Taggart

    Friday, May 22, 2020, 12:58 PM

    102

    Last week’s observed bearish engulfing has so far proved a non-event as the markets continue to reach maximum stupid heights lifted by Jerome Powell’s recent soothing remarks to the nation on 60 Minutes.

    The trouble is, so much of what Powell said in that interview just isn’t true.

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  • Insider

    ‘Ask Anything’ Live Q&A Webinar With Chris & Adam

    Airing Saturday, May 23rd @ noonET/9amPT
    by Adam Taggart

    Thursday, May 21, 2020, 7:10 PM

    33

    It’s been a while since Chris and I have been able to squeeze in a real-time conversation with our premium users, so we’re going to hold a 1-hour live “ask anything” Q&A webinar this weekend on Saturday, May 23 at noonET/9amPT.

    Why is this event restricted to Peak Prosperity’s premium subscribers? Two main reasons:

    One — we expect a number of our answers to be our ‘best guesses’ given the incomplete data available. We don’t feel it appropriate to put that kind of speculation out into the public domain.

    And Two — one of the many benefits of premium membership is closer access to the experts on this site.

    If you’re not yet a premium member but would like becoming one and watch the webinar, click here to subscribe.

    And if you choose not to enroll, that’s completely fine. We’ll still continue producing our free daily videos/etc for as long as the outbreak remains fluid.

    cheers,

    Adam & Chris

    Enroll Now
    Or Sign In with your enrolled account.

    Read More »

  • Blog

    WTF: What The Fed?!? (Round 2)

    Williams, Maloney, Martenson, Smith: "Trillions more reasons to be concerned"
    by Adam Taggart

    Friday, May 15, 2020, 9:18 PM

    37

    Back in mid-January, Grant Williams, Mike Maloney, Charles Hugh Smith, Chris Martenson and I sat down for an in-depth discussion on the dangerous distortions to financial markets and the global economy that central bank intervention is causing.

    So, if this group of experts was highly concerned about systemic risk pre-coronavirus, what are they thinking now?

    Read More »

  • Blog

    Market Update: A Bearish Engulfing

    And it comes at an ominous milestone
    by Adam Taggart

    Friday, May 15, 2020, 9:26 AM

    22

    Despite market prices remaining at maximum stupid heights, we’ve seen some notable weakness, volatility and a rare ‘bearish engulfing’ this week.

    All of these are advance indicators we would expect to see preceding a fall in prices.

    Read More »

  • Blog

    Market Update: Maximum Stupid

    No news is so terrible it can't send the markets higher
    by Adam Taggart

    Friday, May 8, 2020, 11:29 AM

    16

    Since rebounding sharply from the March lows, the markets have re-entered a manic melt-up phase where no news is so terrible it can’t send prices higher.

    The NASDAQ is green on the year now, for crying out loud. How is that even possible since, between then and now, GDP has fallen by 30%???

    In an attempt to understand these increasingly non-sensical markets, we’ve once again asked the lead partners at New Harbor Financial, Peak Prosperity’s endorsed financial advisor, for their latest perspective.

    Read More »

  • Blog

    Market Update: Flying Too Close To The Sun?

    Stocks are once again priced for (beyond) perfection. That always ends with a plummet back to reality.
    by Adam Taggart

    Friday, May 1, 2020, 11:56 AM

    5

    The disconnect between the accelerating economic damage caused by covid-19 and the reckless exuberance seen in the stock and bond markets is crazy-making at this point.

    Prices have been steadily marching upwards in defiance of the ugly data. And in Big Tech, companies are now more overvalued than they were before the pandemic hit.

    How, pray tell, can you even pretend to justify these companies trading near the same prices as they did three months ago — after 30 million Americans have been laid off, GDP is contracting the largest rate in history, and household and corporate budgets are being slashed?

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  • Blog

    Market Update: The Battle For Control

    Which side will prevail in the markets going forward? Reality or rescue?
    by Adam Taggart

    Friday, April 24, 2020, 10:26 AM

    4

    As more data pours in showing the severe and worsening contraction of the global economy due to the impact of covid-19, it’s becoming increasingly clear that the only thing propping up today’s financial markets is the $trillions in rescue stimulus promised by governments across the globe.

    Bloomberg estimates that flood to be in the range of $8 trillion — and counting.

    Will it be enough?

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