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The idiots at the FED will surely deny this, but everyone knows, they have blown bubbles of historic proportions in almost all asset classes.

By Phoenix Capital 

The market bubble has become so massive that even Wall Street is nervous.

To be clear, investment banks do best when stocks are in a bull market. And they love bubbles because it means more M&A, IPOs, dead offerings, stock issuance and other deals from which they derive their revenues.

So for Wall Street CEOs to openly start warning that the market is in a bubble… they have to be really REALLY nervous about what they’re seeing… and know that a stock market crash is coming

On that note this week, not one but TWO major bank CEOs warned about the markets.

First was Deutsche Bank CEO John Cryan with the following nugget:

“We are now seeing signs of bubbles in more and more parts of the capital market where we wouldn’t have expected them,” Cryan said, adding that the interest-rate policy has been partly responsible for the decline in earnings at European banks. “I welcome the recent announcement by the Federal Reserve and now also from the ECB that they intend to gradually bring their loose monetary policy to an end.”

Source: Bloomberg.

This, in of itself, is extraordinary. But then we have Lloyd Blankfein, CEO of Goldman Sachs stating the following during the same week:

“When yields on corporate bonds are lower than dividends on stocks, that unnerves me,” the Goldman Sachs chief executive said during an interview Wednesday that was broadcast at a European banking conference in Germany and on the internet.

Source: CNBC

So we have not one, but TWO Wall Street CEOs warning that the market is in a bubble. And we all know how those end: in a stock market crash./ This is truly staggering. And it indicates that those at the top of the financial system are actively preparing for what’s coming.

A Crash is coming…

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here

Short-Term: It appears the S&P might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

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ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

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This is more or less a philosophical discussion. Whatever your belief system might be. Just consider the latest……

• As Hurricanes Slam the South, the Western US Is Literally on Fire
• Hurricane Irma: If There Was Such A Thing As A Category 6 Hurricane, This Would Be It

And that’s on top of last week’s Biblical Flooding in Houston. 

A simple coincidence? 

Perhaps. Yet, a man of faith would consider the above as a sign from higher powers (GOD, Universal Consciousness, Mother Earth or whatever else floats your boat), that something has gone terribly wrong with the US of A.

That something is rather obvious.

Most of our politicians end their worthless speeches with……

“GOD Bless The United States of America”

Excuse my ignorance, but what kind of a GOD would bless anything coming out of Washington over the last 15-20 years. Genocide, homicide, illegal wars for profit, money printing and economic warfare, destabilization of at least a half a dozen countries, destruction of an entire region, mass exodus of refugees and deaths of at least a MILLION men, women and children who’s misfortunes can be directly tied to Washington’s criminality.

What kind of a fucked up GOD would bless anything like that???

I really love American and the principals it was build on. Yet, it hurts me to see what it has become. Make no mistake, no GOD will bless anything remotely similar to death and destruction the United States brings to other parts of the world in the name of profit and power. A trend that is likely to accelerate under flip flopping Trump Administration.

So, as Irma steams towards Florida at 200 MPH, as the West burns and as Houston’s flood waters recede, I simply ponder. Has ‘GOD’ turned his back on the good old USA? What’s worse, will he strike us all down for the wickedness and murder our Government has perpetrated in the name of the American people. That’s definitely something to think about.

“Be not deceived; God is not mocked: for whatever a man sows,
that shall he also reap” 

ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year. Did it already complete? Click Here

Short-Term: It appears the S&P might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market. Did it already complete? Click Here

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

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ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

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