Trump Bump, No Recession, Rate Cuts Coming [Video]

celenteGreg Hunter – Top trends researcher Gerald Celente said last year the global economy was headed for a big crash—not anymore. Celente explains, “Here’s what changed our forecast. . . .

Jerome Powell, the Fed Chair, said on January 4th 2019, the Fed was going to be “patient” in raising interest rates. . . . The numbers came out for the jobs report, and they created over 300,000 jobs. Wages for all of 2018 have gone up the strongest in 10 years. That would have been a reason to raise interest rates based on Fed policy. Instead, Powell said, ‘We’re going to be patient.’

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Economic 9/11! Markets Will Collapse [Video]

celenteGreg Hunter – Renowned trends researcher Gerald Celente is making a big change to his 2018-2019 economic forecast. Celente says, “We believe we are setting up now for a market crash that will be the worst in modern American history. The fundamentals are . . . the loan bubble.

There is $250 trillion worth of debt out there. Let’s put this together. What did the Federal Reserve do last week? They raised interest rates. Now, we are looking at the Fed Funds Rate back to 2008 levels. What’s going on in the emerging markets? As those interest rates go up in the states, you are seeing currencies crashing. They are hitting new lows in Argentina, Turkey and India. At the same time . . . oil is back up at 2014 levels. . . .

https://youtu.be/Zy3GtedPn6Q

Go back to the last five recessions. What were they preceded by? Higher oil prices. When the higher oil prices kick in, the recession kicks in, and the markets go down and gold prices go up. . . . We do not give financial advice, but gold right now, we believe, is at the bottom. You might get a price $30 per ounce lower, but the risk is very low . . . because $1,200 per ounce is around mining cost.” Continue reading

Trump Rally Peaking Now [Video]

celenteGreg Hunter – Renowned trends researcher Gerald Celente saw early on that Donald Trump would be good for America and the economy, but everybody knows the so-called “Trump rally” cannot go on forever.

Celente explains, “We were the first magazine to call the ‘Trump rally’ two or three weeks after he got elected. We are the first ones to call the ‘Trump rally’ ending. Now, we are only a few points from the (stock market) high, but we see it peaking. It is the interest rates that are the issue and the overvalued and overleveraged stock market.”

https://youtu.be/TnsOEupAwdU

So, the stock market might be heading for a crash according to Celente, but he says there is little for the little guy to fear. Celente contends, “It won’t be the kind of crash, and it won’t be the kind of decline that hurts society the way it did back in the dot-com days in 2000 . . . and it will not be the equivalent to the 2008 panic because the average consumer is not in it.

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Murderers & Thieves Sold Out America [Video]

celenteGreg Hunter – Renowned trends researcher Gerald Celente says the trade war President Trump is starting against China must be fought for America to survive. Celente explains, “We have lost 3.5 million jobs (to China).  Some 70,000 manufacturing plants have closed.  Why would anybody be fighting Trump to do a reversal of us being in a merchandise trade deficit of $365 billion?

Tell me any two people that would do business with each other and one side takes a huge loss and keeps taking it. . . . So, why would people argue and fight and bring down the markets because Trump wants to bring back jobs and readjust a trade deficit that, by any standard, is destroying the nation?”

https://youtu.be/Ac5djzlP74M

Who’s to blame for the lopsided trade deficits destroying the middle class of America? Look no further than the politicians and corporations buying them off.  Celente charges, “They sold us out.  The European companies and the American companies sold us out, and the people fighting Trump are also the big retailers because they’ve got their slave labor making their stuff over there.

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Updated 2018 Predictions – Gerald Celente [Video]

celenteGreg Hunter – Top trends forecaster Gerald Celente predicted a 10% correction in the stock market for 2018. It already happened.  What are his updated predictions for the rest of the year?

Celente says, “What brought the markets down was the fear of interest rates going up.  Now, as you mentioned, we had forecast a 10% correction.  Here’s our forecast now.  We believe the Trump rally is near its peak.  It may go up more, and here is why it will.

Trump is allowing companies to bring back money from overseas.  All that dough they have stashed over there that they haven’t been paying taxes on, they’re going to bring it back and get a great tax break. . . . George Bush did that back in 2003 and 2004.  Do you know where the money went?  96% went into stock buybacks, not capital improvements.

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