America’s only remaining economic engine has STALLED!
With unemployment sky-high and consumers too nervous to open their pocketbooks, the faint pulse U.S. manufacturing has — over the past year or so — been one of the economy’s only glimmers of hope.
But while most economists expected this morning’s report on durable goods orders to show a healthy increase, they posted their largest decline since August of 2009!
This has far-reaching implications. It means:
* More layoffs of factory workers and less rehiring. Yesterday, I told you how U.S. manufacturers were reaping a one-time boost to their profits by slashing their work force. Now, with factory orders slowing, they may need to cut even more deeply.
* A quick end to the recent earnings improvements. Earnings are the key factor that has been fueling some “bargain” hunting in the stock market recently. Now, we could see the reverse trend set in.
* The sour mood of millions of consumers is now spreading. It’s hitting manufacturers. And it’s getting worse. Indeed, just yesterday …
Despite all the hype and happy talk
from Washington and Wall Street,
consumer confidence plunged — AGAIN!
The Conference Board just reported that its Consumer Confidence Index fell far more than most economists expected — and it is now down nearly 20% since May alone!
This is abysmal news: A recovery can NOT happen without the consumer. Never has; never will!
Overall, we are now in the first stages of a classic vicious cycle: When consumer confidence falls, it guts retail sales, which, in turn, kills manufacturing, brings more lay-offs and sends consumer confidence into a deeper tailspin.
This is precisely why we’ve been shouting our warnings from the rooftops for several weeks now, telling you in no uncertain terms that …
- The U.S. economy is NOT recovering — every new report we see — on real estate … bank safety … consumer spending … retail sales … and more — is virtually screaming that it’s cratering again!
- When you see stocks rise in a sinking economy, it’s a great TRAP! It is ONLY A MATTER OF TIME until the stock market follows the economy into the abyss. The farther stocks rise in the meantime, the farther they will ultimately fall.
- With Phase II of this great double-dip recession in full swing, plunging stocks could cost you a bundle or multiply your money — YOUR CHOICE! But the only way to protect yourself — let alone to profit — is to buck the Wall Street crowd and make the right moves NOW!
Obviously, these warnings are NOT earning me any new friends on Wall Street. Everyone who makes their living from your stock market investing wants you to believe this recovery and stock market rally are for real.
So you have to ask yourself:
Who are you going to believe?
Would it be more prudent to stake your financial future on Pollyanna propaganda from politicians and Wall Street insiders who have obvious conflicts of interest — powerful ulterior motives to persuade you that the economy is recovering and the stock market is healthy?
Or would it be wiser to listen to the thousands of retailers and manufacturers who are watching orders dwindle — and the millions of consumers who are growing more reluctant to spend money almost by the day?
I said it to you yesterday and I’ll say it again: Given these worsening economic realities …
Every uptick in stocks is like a neon sign declaring that sanity MUST return to the stock market very, very soon …
And when it does, alert investors will have the opportunity to bank truly explosive profits!
Until now, we’ve been biding our time — waiting until our indicators give us a clear signal that the insanity is about to end … that the investment markets are ready to eliminate the massive imbalance between economic reality and the irrational exuberance we’re seeing on Wall Street.
Specifically, we’re eyeing a new bundle of upcoming investment recommendations designed specifically to help you profit from this dramatic turn of events and go for
- An opportunity to transform $25,000 into $209,750 as the rapidly crumbling U.S. economy causes the S&P 500 to come unglued …
- 877% gains as intensifying economic uncertainty and massive deficits continue to push gold prices through the roof …
- 529% as the sovereign debt crisis ravages Europe — and ultimately, the U.S., too …
- A chance to turn $2,000 into $168,000 with the greatest leverage you’ve ever seen or are likely to see — all with limited risk. In all three, your downside risk is strictly limited; your potential gains, virtually unlimited.
Our green-light go-signals on these new recommendations could come almost any day and when they do, it will be critical that you be ready to act on them immediately.
Click this link now to prepare and to read our full report on these opportunities while there’s still time.
Good luck and God bless!
Martin
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