This stock market move is just about done.
The S&P 500 is at the absolute point of its rising wedge formation. We have at most three more days in this pattern before a breakout hits.
The Fed meets this week on Tuesday and Wednesday. Given the strength of the recent economic data (GDP of 3.2% and booming retail spending), the Fed is rapidly running out of reasons for being dovish.
Put simply, either the economic data in the US is 100% completely fake… or the Fed is going to have to start talking about rate hikes again.
Oil, which has lead stocks to the upside since the market bottom is acting as though rate hikes are coming.
Ultimately, whether the market goes up or down is irrelevant. What really matters is what the Fed has been up to “behind the scenes” while the market rallies.
Did you know the head of the NY Fed wants to implement NEGATIVE interest rates on bank accounts?
Did you know the Fed is reviewing monetary policies so extreme that it didn’t use them when the 2008 crisis hit?
Did you know the IMF is calling for nations around the world to introduce a wealth tax of 10% on NET WEALTH as soon as possible?
It’s all part of a nefarious plan the elites have been implementing for years.
Indeed, we’ve uncovered a secret document outlining how the Fed plans to both seize and STEAL savings during the next crisis/ recession.
We detail this paper and outline three investment strategies you can implement right now to protect your capital from the Fed’s sinister plan in our Special Report The Great Global Wealth Grab.
We are making just 100 copies available for FREE the general public.
You can pick up a FREE copy at:
http://phoenixcapitalmarketing.com/GWG. html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
via zerohedgefinance