(Recorded on 01/19/21) Topics covered on this video coaching call America has once again, in recent months, reminded the world of its state of terminal economic and political decline. In this special video presentation, trading coach Jerry Robinson shares how you can...
CHART: Volatility Rocks the Global Financial Markets
Those numbers, which are seen in today’s chart above, spooked the global financial markets and led to another sharp selloff in today’s trading action.
Until now, many investors have been holding out hope that China’s economic slowdown was a fluke. But now, with the latest PMI figures confirming China’s contracting manufacturing output, investors appear to be giving up hope of a quick reversal of fortunes for China’s economy. (In PMI terms, any number above 50 is considered an expansion and any number below 50 is considered a contraction.)
The data confirms that China’s economic slowdown is real and it is highly unlikely that Beijing will be able to prevent a continued decline in the weeks and months ahead. Additional data released today confirmed that U.S. factory activity had slowed to a new two-year low.
The global economy is slowing and it is shocking bullish investors into reality. Be prepared.
Today’s selloff in the global financial markets marks a grim September debut. As global stocks fell, U.S. stocks experienced their worst start to a September in more than a decade, which is especially concerning when you consider that this month (and next) are known for being particularly brutal to stock prices.
We remain short this market, using a variety of put options and inverse ETFs to profit on the way down.
Of course, there is no shortage of market “experts” and financial “gurus” who will attempt to call the bottom to this market. As usual, we will ignore all of them and continue to “follow the money.”
P.S. We have the best customer satisfaction guarantee on the web, so you can feel free to try any of our services risk-free!
Bankruptcy of our Nation: Now in Audiobook Format
— Paid subscriber access only —
View our Plans and Pricing here
Featured image courtesy of: ChameleonsEye / Shutterstock