Friday, September 13, 2024

Another recession warning just flashed

Inflation just hit its lowest level since 2021... Unemployment is falling but hiring is slowing too... The overwhelming majority of economists anticipate a rate cut at the Fed meeting next week...
 

Dear Reader,

Inflation just hit its lowest level since 2021...

Unemployment is falling but hiring is slowing too...

The overwhelming majority of economists anticipate a rate cut at the Fed meeting next week...

So now, one question remains:

Will the Fed's next move help us avoid a recession... and a devastating market crash?

In 50 years on Wall Street, I don't think I've ever seen a recession this hotly-contested. 

  • Goldman Sachs says recession odds are now low... While Citi says one is likely still coming...
  • JP Morgan recently raised their probability of the U.S. officially entering a recession before the end of the year...
  • While Bank of America retracted their recession forecast altogether.

And as these big banks hem and haw...

Former Fed insiders... economists... and over half of the American public believe we're already in a recession.

As a result, it's never been harder to discern the truth about what's really happening in our country's financial markets... and what to do with your money as a result.

Before you succumb to the doom and gloom, let me be clear:

I am not calling for a recession today.

I'm calling for a very different event to hit the U.S. stock market in the next 90 days.

I'll share full details for the first time next Thursday, September 19.

Until then, I advise you to be wary of all the mainstream media outlets touting these 'surefire signs of a recession' that seem to flash every other week.

Consider that when the yield curve inverted – all the way back in July 2022 – investors were told that a recession was essentially inevitable.

Yet it hasn't emerged. And the S&P is up over 40% since the inversion.

Last week, when the yield curve un-inverted – it was flagged not as a sign of positive things to come...

But once again: A recession warning.

My advice?

Turn off the TV. The laptop. The cellphone. Tune all of it out.

And instead prepare for THIS critical market reset starting as soon as next week.

Regards,

Marc Chaikin
Founder, Chaikin Analytics

 

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