Graham Summers
Graham Summers is Chief Market Strategist for Phoenix Capital Research, an independent investment research firm based in the Washington DC-metro area with clients in 56 countries around the world.
Graham’s clients include over 20,000 retail investors as well as strategists at some of the largest financial institutions in the world (Morgan Stanley, Merrill Lynch, Royal Bank of Scotland, UBS, and Raymond James to name a few). His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Glenn Beck Show and more.
Graham Summers Articles
A quick question for the “recovery” enthusiasts… If the recovery is real and as strong as the “data” suggests…why are Central Banks engaged in the most aggressive stimulus in history? Consider Europe. According to the official data, the EU...
While CNBC and other perma-bulls claim that the stock market is a great investment today, the smart money is already prepping for a disaster. Goldman Sachs has told its clients to “sell at the new high.” Credit Suisse just told its clients...
While the world continues to focus on the BREXIT, two other, much larger problems are emerging. The first is that the US is back in recession. Labor Market Conditions, Industrial Production, the Dallas Fed Workweek, Commercial and...
Yesterday the Fed failed to raise rates…again. It’s pretty incredible if you step back and think about it. Here were are, seven years into a supposed recovery, and the Fed’s actions tell us the economy cannot handle rates higher than 0.5...
While CNBC and other media outlets continue to hype stocks and talk down gold, the precious metal is crushing virtually every US-based asset class. Year to date, gold is up over 20%, compared to nearly 5% for US Treasuries and a mere 2.55...
Throughout the last week, anytime stocks have begun to correct or drop, “someone” has bought S&P500 futures to prop the market up. Anyone who’s been involved with the markets for a while knows the difference between real buyers and...
The corporate bond market is a $6 trillion time bomb waiting to go off. It took the US half a century to grow its corporate bond market to $3 trillion. Thanks to the Fed implementing ZIRP and holding rates there for seven years, we’ve...
Gold is perhaps the most maligned asset class in the world. On an almost weekly basis the financial media mocks gold -- and publishes articles claiming it is a terrible investment. It’s rather odd, as less than 1% of investors actually...
Smart investors have noted that the S&P500 just staged a very dangerous looking move. That move was when S&P 500’s 50-week moving average broke below its 100-week moving average. You can see this in the green circle below.
For years the Fed has been lying about inflation. There are many methods of doing this, but the simplest was to use a “measure” of inflation that did not actually measure inflation at all. This is the famous Consumer Price Index of CPI. It...
