Just How Bad is the Economy for Buffett and the Fed to Be Doing This?

Warning: Another Crash Could be Coming Soon… May 22, 2020 UNSUBSCRIBE | ARCHIVES New Morning Routine Could Change Your Life If you're available around 9:30 in the mornings, then I think you'll love this new morning routine.   My colleague and famous trader, Tim Sykes, tried it, and he's made $1,150… $1,672… and even up to $3,508… all in less than 30 minutes.   It's all thanks to a strange phenomenon that happens when the market opens at 9:30 AM EST… something Sykes calls "a morning panic." Tim is going to reveal all the details of this new way of making money during the 9:30 Profit Summit on Wednesday, May 27 at 8pm EST. Just click here to claim your spot… FREE of charge. Just How Bad is the Economy for Buffett and the Fed to Be Doing This? Dear Money & Crisis Reader, The US is lurching towards an economic catastrophe. If you've been paying attention, over the last few weeks there have been several LARGE "tells" in the markets. Specifically, two of the biggest cheerleaders for stocks in history – Warren Buffett and the Fed – are getting EXTREMELY bearish. First and foremost, Warren Buffett is the man who famously stated that he likes to own companies for a long time, ideally "forever." And he has begun dumping huge quantities of stocks. All told, Buffett sold 21 stocks worth billions of dollars in the last four months. He's unloaded large portions of his holdings in Goldman Sachs, JPMorgan, and other large banks, as well as multiple airline stocks, pharmaceuticals, and energy stocks. The media claims Buffett is doing this because he wants to make sure he owns less than 10% of these companies. But when do you remember Buffett ever unloading so many stocks worth billions of dollars in such a short period? On top of this, Buffett didn't use the March meltdown to load up on investments. Put another way, during the largest market collapse in years, at a time when many businesses were on sale, Buffett didn't buy anything. Instead, he chose to start unloading several of his largest positions. Whatever Buffett is seeing in the economy that is making him do this… it's NOT good. The Coronavirus Lie? Your editor Graham Summers, who lives outside of Washington, D.C., has just blown the lid off the shocking truth about the media's coronavirus story… When you see his research and discover what the liberal media has done to President Trump… I bet your blood is going to boil. Just be warned: The contents of this special presentation might disturb you. Because this could be the biggest American political scandal in the past 50 years. Click here to see the special presentation now. A Clear Warning from Central Bankers Then there's the Fed. For decades now, the Fed has been a cheerleader for the economy and stocks. Indeed, it is extremely rare to find the Fed ever issuing a gloomy view of the economy or markets. Which is why it's astonishing to see the Fed making statements that you would expect from a raging bear. During the last week, Fed Chair Jerome Powell has publicly stated: The US is facing its biggest economic shock in living memory (this would include the Great Financial Crisis), an economic downturn which Powell says is "without precedent." The depression/recession could stretch through the end of 2021. Asset prices (stocks) remain vulnerable to significant price declines (crashes). When do you ever remember hearing a Fed chair say anything like this? Typically, the head of the Fed issues statements that understate the severity of a risk. Remember Bernanke saying the subprime crisis was "contained"? And yet, here is Jerome Powell saying that the economy is in its WORST collapse ever, that it could least through the end of 2021, and that the stock market could crash. And this is AFTER the Fed has spent over $2.7 TRILLION propping up the markets in the last two months. Just how horrific is the economy that Powell is saying this stuff after the Fed began buying assets in: The Treasury markets (US sovereign debt) The municipal bond markets (debt issued by states and cities) The corporate bond markets (debt issued by corporations) The commercial paper markets (short-term corporate debt market) And the asset-backed security markets (everything from student loans to certificates of deposit and more)? Between Warren Buffett and Fed Chair Powell, we've got two of the biggest stock cheerleaders in history issuing some truly horrific stuff. Again… just how bad are things that these two individuals are acting this way? I want to be clear here: I'm not suggesting that the market will crash next week or even the week after. But I am warning you that two of the most connected, powerful investment figures in the world are issuing truly horrific warnings about the economy. It's very possible we could see another horrific market crash in the future. But rest assured I'll warn you well in advance – along with some investments you can use to turn it from a time of pain into a time of profits. Best Regards, Graham Summers Editor, Money & Crisis My Wife and I Got $17,000 Right Off the Bat! "Excellent book! Making my wife and I almost $17,000 right off the bat and increasing our retirement income by well over a third. Purchase of this book was my biggest and best investment ever!" — Rick M Click here to claim a copy of the mysterious retirement book that's changing people's lives. To end your Money & Crisis e-mail subscription and associated external offers sent from Money & Crisis, click here to unsubscribe. If you are having trouble receiving your Money & Crisis subscription, you can ensure its arrival in your mailbox by whitelisting Money & Crisis. Money & Crisis is committed to protecting and respecting your privacy. Please read our Privacy Statement. Phoenix Press, a division of Laissez Faire Books, LLC. 808 Saint Paul Street, Baltimore MD 21202. Nothing in this e-mail should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. © 2020 Phoenix Press, a division of Laissez Faire Books, LLC. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Phoenix Press, a division of Laissez Faire Books, LLC. EMAIL REFERENCE ID: 401MNCED01