More Bad Economic News And Stocks Struggle To Find Direction. By Gregory Mannarino

Until Federal Reserve Exits the Market, Everything is Going to Be Upside Down.

 
Bad economic news in retail sales for the last 3 months is a sign the economy may be slowing down according to official estimates. Of course we on this blog know the more realistic view on the economy, but even by official standards, retail sales are reflecting a more accurate look at the real economy.

Gregory Mannarino has said the market’s true value is not being reflected in today’s high prices. This is largely due to major institutions and even private entities buying up bonds in the bonds market to keep the entire stock and equities market propped up for the foreseeable future.

Mannarino does not believe the market is going to crash any time soon, mainly based on the heavy amount of manipulation by the Federal Reserve and other central banking institutions around the world. Considering the fact that most of the major world economies have large amounts of debt, it seems to be that this economic illusion could carry on indefinitely- until it doesn’t.

The market is not likely to dive 6,000 points in the near future, because Gregory Mannarino believes that this managed market will remain artificially high due to mid term elections coming up in 2018. There is a lot at stake that he does not believe will allow for a natural market correction. This is also why it’s a safe bet to invest in a Gold IRA today.

Considering the game plan of the Federal Reserve went from 0% interest rates to 3 rounds of Quantitative Easing, loosening the rules on company stock share buybacks, and a military budget at nearly a Trillion USD, it looks like the status quo may be reluctant to allow any type of economic reset to occur in the next year, according to Mannarino.

Time will tell. This is why it’s so important to be prepared today. Will you gamble your retirement away on a stock market which is likely to correct over historic record-breaking all-time highs in the near future? Or will you trust in the people running your government and economy, media and banking systems to their own profits- often at the expense of the average American?

Learn from 2008

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Amazon.com target price downgraded, again

amzn stock ticker symbolAmazon.com stock was just downgraded today, again. What does it say about the real economy when retail sales are down and the internet’s biggest store has been downgraded yet again?

In other Amazon.com news, they are also censoring free speech in customer reviews much like Yelp now.

Amazon.com always asks you to review their products after ordering, it is one of the main drivers of their sales for products as the customer reviews appear directly below a product and are mostly unbiased. After a recent order I wrote 7 reviews that were 5 star and positive, and one 1 star negative review saying I never received the product. Amazon.com published the 7 positive reviews and censored the negative review.

source of life awesome vitaminsThey did not ask how they could help remedy the problem which was never receiving my bottle of Source of Life vitamins and Kirk’s Castile Soap.

Facebook has also censored promoted posts from me because it didn’t fit their political agenda, even though the information was directly from the US Department of Justice. Yelp has deleted my account twice now as well for leaving honest reviews that reflected negatively upon businesses.

$$$$$$$ Sometimes you have to wonder what America has become. $$$$$$$

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