The Only Opinion That Matters in Investing

Hint: It's Not Yours… April 28, 2020 UNSUBSCRIBE | ARCHIVES COMING DOWN TOMORROW MORNING By the time the market opens tomorrow at 9:30 a.m., it will be too late to see this. If you're lucky enough to see it, you'll see how this 90-second demo could have a massive impact on your money, your leisure, your family and your life. Click here now to watch this urgent video demonstration. The Only Opinion That Matters in Investing Dear Money & Crisis Reader, As I keep saying, it doesn't matter what we think… it only matters what the market thinks. Personally, I think it's insane that the Fed has nationalized the entire debt markets. Similarly, I think it was a massive mistake to shut down the economy. And I think that the human suffering created by this mess is truly horrific. But stocks don't seem to think any of this. Stocks think that things are going to recover relatively quickly. I think that's insane, but again, as an investor, it doesn't matter what I think… it's what the market thinks that matters. With that in mind, stocks are breaking through resistance this morning. Multiple "risk" measures I track suggest we're moving higher. The Truth Behind the Coronavirus Story… Forget everything you've been told about the coronavirus story… Because your editor Graham Summers, just released a shocking presentation about what's really going on… Please be warned: The underground research he reveals is disturbing. When you see what the anti-Trump mainstream media has been up to, your blood is likely to boil.  For the sake of our country, every patriotic American needs to see what he's uncovered. Click here to see it now. Bullish Signs from Market Indicators First and foremost, let's take a look at the ratio between stocks and Treasuries. Stocks are a risk asset. Treasuries are a safe haven. So when this line rallies, it means stocks are outperforming Treasuries and we're in a "risk on" environment. Similarly, when this line falls, it means Treasuries are outperforming stocks and we're in a "flight to safety" environment. Note that the line is moving higher and has just broken above a 50% retracement of its collapse form March. That's VERY bullish. Another item I'm looking at are corporate credit spreads. Credit spreads measure the difference between yields on corporate bonds and the yields on Treasuries. Like stocks, corporate bonds (particularly junk bonds) are a risk asset. Treasuries are a safe haven. So when this line rallies, it means junk bonds are outperforming Treasuries and we're in a "risk on" environment. Similarly, when this line falls, it means Treasuries are outperforming junk bonds and we're in a "flight to safety" environment. Note that this line has held support (red line) and is now breaking a downtrend. This too is a BIG "risk on" signal from the financial system. Again the fact that this is happening during an economic depression is insane to me. But as investors, it doesn't matter what we think… it's what the market thinks that matters. And the market thinks more upside is coming. Best Regards, Graham Summers Editor, Money & Crisis The Double-Benefit Retirement "Hack" Retirement regulations won't let you take two retirement benefits at once. But there's an ingenious two-benefit "hack" some seniors are using to collect one benefit early while allowing a second to increase in value so they can enjoy it later. All the details are on Page 241 of this special retirement income guide. And you'll find 100 more little-known retirement benefit secrets like it inside. Click here to discover how to claim your copy. To end your Money & Crisis e-mail subscription and associated external offers sent from Money & Crisis, click here to unsubscribe. 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