Inflation HAS NOT Peaked

Well, it’s pretty much official at this point. Inflation is still hot and getting hotter.

Earlier this week, the consumer price index numbers came in higher than expected.

That’s the price consumers pay for end products…

And it was up 1.3% month over month. That works out to 9.1% year over year!

It’s the highest read since November 1981, and it’s not pretty.

But a lot of pundits came out right after saying it looks like inflation has peaked and we’re going to see lower numbers from here on out.

Then a couple of days passed and the PPI numbers came out.

PPI stands for “producer price index” and it describes the prices producers are paying for the inputs to make the end products consumers buy.

And that number came in higher than expected too…

PPI was up 1.1% since May’s reading. And that means it’s up 11.3% since last June!

That’s REALLY hot inflation. And it’s coming for the CPI numbers next.

You see, producers pass on costs to consumers.

When governments levy a new tax on corporations, corporations raise the prices on their end product to share the burden with consumers.

And you can bet the farm that they’ll pass last month’s increases on to us this month.

So that 9.1% annual inflation rate might just seem low by mid-August when we get July’s numbers.

It’s a pretty obvious sign that inflation has not peaked and we’re far from being out of the woods.

More Red Flags

Then you’ve got the investment banks and their analysts.

They’ve been painting a rosier picture of where we’ll end the year than reality says to expect.

Or at least they were. After this week, a lot of them are revising their year-end targets down… a LOT.

Bank of America now says the S&P 500 should close the year around 3,600.

That’s 5% LOWER than it is while I’m writing these words.

But the bank says it could get down to 3,200 or even as low as 3,000 before finding a bottom and starting to rise again.

That’s compared with the prior commentary that said the market should end the year at 4,500.

And just to be clear, that 4,500 prediction was still forecasting a down year. The S&P started 2022 around 4,800.

So closing it at 4,500 would have meant a 6.25% loss for 2022.

But now, the bank expects the market to bottom a full 37.5% lower than where it started the year.

And it expects the overall 2022 loss to come in at 25%!

Is This a Red Flag Factory!?

Then you’ve got even more red flags waving over in the fixed-income markets where bond traders are paying more for short-term debt than long-term.

Literally any way you compare them, short-term Treasury rates are higher than their long-term counterparts.

One-year bonds are priced at 3.21%. Two-year bonds are at 3.13%.

Five-year bonds are at 3.02%. And the 10-years are a paltry 2.91%.

You’ve got to go out to the 20-year debt to find an interest rate higher than that of the one-year loans!

And we all know that when short-term and long-term rates invert (where the short is higher than the long) and stay that way, it signals a recession in the works.

And that’s just what I’ve been telling you all year.

We’re already in one and it’s going to take a bit to get us out of it.

Bank of America, the same company predicting a 25% drawdown for the S&P 500 this year, is predicting that it’ll take until after the first quarter of 2023 to dig out of it.

And they’ve given us a few signs to look for that will signify a true turn in market sentiment:

First off, the Fed will stop raising rates and start to lower them again.

That’s likely still a ways off, but it could happen sooner than you think.

The Fed governors are not in there for life like Supreme Court justices.

They all want jobs when they leave.

Some want to work at Goldman Sachs. Others want to work for the Treasury Department.

None of them will get those jobs if they tank the stock market and send the economy off a cliff into a DEEP recession.

So they’re likely to panic when they see what they’ve done and reverse course.

And like a pendulum that never stops at dead center, they’ll overshoot the other direction.

The other sign BofA suggested that I think you should be watching is that yield curve I just mentioned.

When it starts to get steeper, meaning the long-term rates start to get closer to, and then higher than, the short-term rates, that signifies debt markets warming up to the idea of future economic growth.

But those are all things coming down the road.

And I want to give you some advice you can use right now.

So I’ve got a couple of things to share with you today.

Do This ASAP!

First off is a very special podcast episode I was recently featured in where I break down exactly what investors MUST do right now to protect themselves from the collapsing stock market.

I had a few minutes after filming my latest Top Ten list for my investment community, The Wealth Advisory.

And I got the chance to sit down with one of our former editors-turned-chief operations-officer (and podcast host with the most), Jason Stutman.

We talked about how I got my start in finance. It was back in the 2008 financial crisis.

I was in the thick of it at Morgan Stanley last time we went through a market like this.

And Jason and I talked about what we did for our clients back then and what I’m doing for my investors right now.

But we also talked about a few things anyone can do (whether they have access to my research or not).

And I think, especially watching the markets this week and hearing what the Street analysts are predicting, that it’s something EVERYONE should see.

So I’m including it here today and hoping you’ll take a few minutes to hear what I’ve got to say.

It’s completely FREE and there’s no obligation to do anything.

But if you like what you see, I suggest you subscribe to the channel so you’ll be notified when I appear again.

And if you really like what you see, then the next thing I’ve got is PERFECT for you…

It’s Affordable! NOT Cheap

My fiancé really gets on my case from time to time when I describe myself as “cheap.”

Cheap has a negative connotation in this country.

It means low-quality here.

But that’s sure not what I mean when I say it about myself!

I don’t like to spend more than I have to on anything. I'm thrifty.

If I can fix something instead of buying a new one, I’m busting out the duct tape (or WD-40, depending on if it moves and isn’t supposed to or doesn’t move and is supposed to).

I like to live well below my means.

But every month that inflation rips higher, it’s getting harder and harder to do so.

Now, I’ve got ZERO control over how much your food or fuel or furniture costs.

And I certainly can’t bring down the cost of your rent or mortgage payment.

But what I can do is help you beat inflation with the right investments.

And another thing I can do is make my help as accessible and affordable as possible…

So everyone who wants it can get it without breaking the bank or cutting back elsewhere.

That’s why, for the first time ever, I’m offering a monthly membership to my flagship advisory service, The Wealth Advisory.

You won’t have to commit for a year or two. You actually won’t even have to commit until the first month is over…

Because I’m taking it a step further to make sure there’s no reason you can’t get the financial advice that will help you stay on top while everyone else is struggling to stay afloat…

I’m giving you the first month to decide if you like what I’ve got to offer.

If you don’t like it or think my advice isn’t helping you, you can call me and cancel, and I’ll give you back every penny you paid to try it out.

PLUS, you’ll get to keep every single piece of advice, every report, and every stock recommendation you’ve gotten as my parting gift.

You see, I’m that confident that you’ll absolutely love being a member of The Wealth Advisory.

I know you’ll see the value the instant you get my first report. And I’m sure you’ll want to be a member for life once you see our performance record.

So I’m willing to do two things nobody at our company has ever done…

First, I’m giving you the opportunity to get market-beating advice from a former Wall Street pro for less than the cost of a burrito at Chipotle.

And second, I’m giving you that first month 100% RISK-FREE!

Because I want you to have the guidance you’ll need to get through this second half of the year.

And I’m positive you’ll want to stick around once you see what we can accomplish together.

Making It Even Sweeter

But to make it even sweeter, I’ve taken the time to compile my nine top investments for fighting inflation and prospering in a recession.

And I’m ready to send every single one of them to you the instant you take me up on this special monthly “recession priced” offer.

All told, they contain investments that could help you bring in well over $100,000 in extra income this year alone!

And I want to send them to you 100% FREE, just for taking a super-affordable (and completely risk-free) test drive of The Wealth Advisory.

On top of that, I’m also throwing in a special digital copy of my tell-all book: Endless Income.

It’s packed with over 30 secret tricks and tips that I gleaned over my years on Wall Street.

I'll show you how to earn more income, protect the money you’ve already made, and even pay less to do the things you already love.

If I were to sell those reports and that book separately, we’d be talking about a price tag of at least $1,422.

But you can get all that, plus a coveted spot in our investment community, today, for less than $10!

And with that coveted spot, you’re also eligible to receive:

• 12 comprehensive issues of The Wealth Advisory: Inside each monthly issue, you'll get a deep dive on at least one brand-new income opportunity.
  
  
• Every special report that we've ever issued: Sometimes an opportunity is so profitable that I'll commission an urgent special report to give you the full details as soon as possible.
  
  
• Weekly updates: When it comes to your money and your retirement, you'll never be left in the dark. That's why you'll hear from me every week.
  
  
• The Wealth Advisory's top 10 most lucrative opportunities: To make it as easy as possible for you to grow your income, I'll send you a list of the top 10 opportunities for the month ahead.

And of course, you’ll also get access to Angel Publishing’s award-winning member services team, because I know that bad service can ruin your whole day.

That's why I’ve helped Angel Publishing build a world-class team right here in Maryland so you'll never feel lost.

And you'll be given their direct contact details as soon as you start your test drive.

I’ve really taken all the risk out of this for you today and made it as easy and accessible as possible.

I want to help everyone who needs my help.

That’s why it was so important for me to figure out a way I could do it that wouldn’t set you back in a time where everything already costs too much.

I really can’t give a better deal and still pay to keep the lights on at our offices.

So I sincerely hope you’ll take me up on this offer while I can still make it.

To your wealth,

Jason Williams

@TheReal_JayDubs

Angel Research on Youtube

After graduating Cum Laude in finance and economics, Jason designed and analyzed complex projects for the U.S. Army. He made the jump to the private sector as an investment banking analyst at Morgan Stanley, where he eventually led his own team responsible for billions of dollars in daily trading. Jason left Wall Street to found his own investment office and now shares the strategies he used and the network he built with you. Jason is the founder of Main Street Ventures, a pre-IPO investment newsletter; the founder of Future Giants, a nano cap investing service; the editor of Alpha Profit Machine, an algorithmic trading service designed specifically for retail investors; and authors The Wealth Advisory income stock newsletter. He is also the managing editor of Wealth Daily. To learn more about Jason, click here.