Revelation 1:7 Behold, He is coming with the clouds, and every eye will see Him, even those who pierced Him, and all tribes of the earth will wail on account of Him. Even so. Amen.
Proverbs 27:12 The prudent sees danger and hides himself, but the simple go on and suffer for it.
Proverbs 4:13 Hold on to instruction; do not let go. Guard it, for it is your life.
What is about to break? Something scared the Fed. The Pivot is coming from the Federal Reserve. They only do this when something scares them. I am hearing things overseas. Europe is a basket case, Japan is in trouble, and China is in trouble too. That is going to come here. We are still seeing manufacturing slowing, it’s getting better. The Federal Reserve put $60 Billion in the Economy, and it pumped up the Stock market, the Bond Market, and rates came down so Real Estate got better. Let’s get ready to invest when the time is right. Contact me to schedule an appointment.
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DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Michael Douville shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Michael Douville and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up to date, all information contained on it is provided ‘as is.’ Michael Douville makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel. Any links to other websites are provided only as a convenience and Michael Douville encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by Michael Douville and staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Michael Douville and his affiliates.
John 18:38 Pilate says to Him, “What is truth?” And having said this, he went out again to the Jews and says to them, “I find no guilt in Him.
Who is most concerned about YOU? Do you trust the Federal Government to take care of YOU?
What you decide and what you start to realize, is going to make a huge impact on the way you survive in the Economy in the next 18-24 months.
Now, the Government and Wall Street would like you to believe we are heading toward a soft landing; that continues to be the narrative. Now, there are lots of advantages for Wall Street and the Administration. The Administration does not want to be blamed for a bad economy and bringing a Recession to our doorsteps.
What you decide is going to make a huge difference for YOU!
There has been a soft landing ONE time in history. That was in the 1990’s.
We are currently experiencing historic interest rate hikes. Pay off your credit card debt immediately. Raise cash if you can.
Wall Street gets paid on your money, assets under management (AUM).
Michael Douville sees a hard landing coming. Bankruptcies are increasing. Stores are closing around the country. Shipping box production is declining rapidly. Manufacturing jobs are in contraction.
Interest on government debt is heading towards $1,000,000,000,000 (trillion) per year.
The definition is the problem; what constitutes “Unemployed”? There are about 35.5 million working aged people who are not in the workforce. They are not counted in the 3.5% unemployment figures. What are these people doing? They are not working, and not disabled, not stay at home parents; what are they doing? If they would like to work, yet cannot find a job, then the unemployment rate is waaaay more than 3.5%. Further, how can there be a robust economy with that number of people idle.
Jobs Report: 585,000 full time jobs lost: 972,000 part-time added, and 118,000 new multi-job workers.
Liquidity (cash) is coming out of the market at a record pace. It looks like a Recession coming to me.
Germany is already officially in a Recession.
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Paul Volcker absolutely destroyed my Real Estate portfolio. He destroyed my Real Estate practice and I lost absolutely everything. I was a very young man; a product of the 1980 to 1982 double recession. When Paul Volcker stepped on the Gas and raised interest rates and literally destroyed my Business, my Real Estate practice, my holdings. I lost everything. Paul Volcker raised interest rates to the point where everybody stopped.
In Chicago, there were 60,000 Journeymen Electricians out of work, steel mills closed, Bethlehem Steel and Republic Steel, closed. Auto plants closed, retail was affected, construction was affected. It was awful. I lost virtually everything I owned…
Current Chairman Jerome Powell’s hero is Paul Volcker.
I know what can happen.
DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Michael Douville shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel.
Consult a financial advisor or other wealth management professional before you make investments of any kind. Do your homework!
Although Michael Douville and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up to date, all information contained on it is provided ‘as is.’
Michael Douville makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.
Any links to other websites are provided only as a convenience and Michael Douville encourages you to read the privacy statements of any third-party websites.
All comments will be reviewed by Michael Douville and staff and may be deleted if deemed inappropriate. Comments which are off-topic, offensive or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Michael Douville and his affiliates.
Proverbs 27:12 The prudent sees danger and hides himself, but the simple go on and suffer for it.
Proverbs 4:13 Hold on to instruction; do not let go. Guard it, for it is your life.
Are we entering another Credit Event? I remember Lehman Brothers and Bear Stears. These events start slow and gather speed until things start to cascade.
Germany’s Deutsche Bank is in the news. Credit Default Swaps (insurance) are soaring! Tier 1 Bonds are crashing. Did Deutsche Bank receive $60 billion in Federal Reserve Foreign Repo Agreements?
European banks hold bonds yielding less than 0%. They are losing money big time as interest rates go up.
Global liquidity and money are in short supply. Liquidity is the fuel of the economy. Bank deposits are decreasing. Things are getting more difficult to get a loan.
Federal Reserve Chairman Jerome Powell is focused on lowering inflation. He says interest rates are not coming down any time soon.
Michael Douville recommends reading an article, Too Small To Not Fail, A Short History of the World by Danielle DiMartino Booth. For those not familiar, Danielle is a former Federal Reserve Insider. She is the CEO & Chief Strategist, Quill Intelligence LLC, and Economist.
Instead of mass mobilizing against Powell as if he was the reincarnation of King Louis XVI, why not grow up? In the absence of a solution without consequences, he’s made an attempt to steer the economy into the first recession from which it has the slightest chance of exiting without the dead weight of zombie companies, without the corrupt practice of anointing Wall Street’s kingpins the de facto makers of monetary policy. A wise man once said, “There is no such thing as a free lunch.”
Damn right there’s not. Perhaps we accept the truth in this wisdom and, in doing so, the consequences of our actions. -Danielle DiMartino Booth
I invite you in today with my clients' blessings. We live in troubled times. History's lessons are scorned. Those with the courage to make impossible choices are pilloried for sport. The sin of ZIRP & QE are presumed to be other-worldly 'free lunch.'https://t.co/KvIpH8f0tbpic.twitter.com/MccOhd4oKx
— Danielle DiMartino Booth (@DiMartinoBooth) March 22, 2023
Check out Michael’s analysis, economic news, charts, and commentary below on the YouTube video. Click on the red play button.
Ecclesiastes 8:6 For there is a right time and procedure to every purpose, though a man’s misery weighs heavily upon him.
In the Business World, Love does not make the World go round, it is LIQUIDITY that makes the world go round. Without liquidity, the Business World slows. The quicker it is withdrawn, the quicker we head into Recession.
Between March 2020 and March 2022, the Treasury and The Federal Reserve added $10 Trillion. What do you think is going to happen? Do you think Inflation may appear? Well now the “Powers to be” are removing Liquidity at a startling rate.
Places like Sri Lanka, and Lebanon are encountering civil disruption because food and fuel cannot be purchased. Even the Swiss National Bank has received a cash infusion from the FED.
The Inverted Yield is rivaling Paul Volcker’s era and the Fed is not through yet. The cost of Capital has doubled or tripled.
I believe the Economy will follow Liquidity into a Recession.
On This Week in Prophecy… Turkey’s President Recep Erdogan has reached out to incoming Israeli Prime Minister Benjamin Netanyahu.
“President Erdogan and the prime minister-designate discussed ways to significantly strengthen economic and diplomatic ties between the countries.” -Netanyahu Spokesman
“I congratulate you on your victory in the election and believe that the new government will continue the cooperation between the countries in all areas, in a way that will bring peace and stability to our region.” -President Recep Erdogan
Ezekiel 38:1-3 The word of the Lord came to me: “Son of man, set your face toward Gog, of the land of Magog, the chief prince of Meshech and Tubal, and prophesy against him and say, Thus says the Lord God: Behold, I am against you, O Gog, chief prince of Meshech and Tubal.
Ezekiel 38:6 Gomer and all his hordes; Beth-Togarmah from the uttermost parts of the north with all his hordes—many peoples are with you.
The Federal Reserve has initiated a 12 week pilot program for the Digital Dollar. The following banks are involved: BNY Mellon, Citi, HSBC, Mastercard, PNC Bank, TD Bank, Truist, U.S. Bank, and Wells Fargo.
This is not a conspiracy theory. The train has left the station. The genie is not going back in the bottle. Pick your cliche…
Countries around the world are looking to link digital currencies with identification. Turkey is already on board.
Revelation 13:16-18 And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for the number is that of a man; and his number is six hundred and sixty-six.
Proverbs 22:3 The prudent see danger and take cover, but the simple keep going and suffer the consequences.
Ecclesiastes 3:1 For everything there is a season, and a time for every matter under heaven…
Click on the audio/video link below for mathematical analysis, data, and commentary. This video is loaded with content and economic information. Markets could be about to get really serious…
So, when Charles Nenner forecasts something, it is in your best interest to listen!!
As you may know, I have interviewed Dr. Charles Nenner for many years. What you may not know is that Charles Nenner advised President Bush Sr. and was an investment analyst for the proprietary trading division of Goldman Sachs.
Further, he forecast to the day the 1987 Crash and the peak of the 2007 Stock Market in December 2007. He and I spoke just prior to the Covid-19 Crash, no one knew it was coming, where he predicted the mass unemployment, crashing GDP, and forecast the huge Oil decline.
A Special Interview with Charles Nenner. The 2022 Stock Market is mimicking the 1929 Stock Market which may indicate that October 21, 2022, may be a very dangerous time frame for many asset classes. If it is a repeat of 1929, then the trading days around October 21, 2022 could be very, very volatile… plus or minus a couple of days from October 21, 2022. Time to take actions!
Charles further forecasts the Fed Rate appears to indicate NO RELIEF for interest rates.
Current stock market charts in 2022 are mimicking the market crashes of 1929, 1987, and 2008. Are markets are on the verge of repeating history?
Nenner has concerns of a market crash within the next week to 10 days. Are we about to witness a market crash? Extreme caution is warranted.
Asset classes (tech stocks, gold, and real estate) are lining up and they all suggest the same thing. Volatile trouble is coming…
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The following comments below are from Dr. Nenner.
We still do not recommend being long any of the equity markets.
We are still not interested in being long gold or silver assets due to negative weekly cycles.
We recommend standing aside cryptocurrencies because cycles are down.
We have leaders in the world in all kinds of countries who have no idea about anything, especially about economics.
Deuteronomy 15:1-2 At the end of every seven years you shall grant a remission of debts. This is the manner of remission: every creditor shall release what he has loaned to his neighbor; he shall not exact it of his neighbor and his brother, because the LORD’S remission has been proclaimed.
The “Seasonally Adjusted” employment numbers came in higher than expected. This will virtually guarantee another Fed Rate Hike into an already struggling Economy. Manufacturing jobs are decreasing. Job openings are decreasing.
Chicago PMI is below 50 to 45 indicating contraction. Orders for manufacturing are slower. Dr. Copper is dropping indicating a recession is coming. People are taking on more consumer debt with credit cards.
European inflation is over 10%. The cost of energy continues to increase. The Euro is under pressure and declining in value.
In a previous video, I mentioned hiking into a declining economy has always resulted in a Recession. If the Fed hiked in September, I expected a Severe Recession; further hikes will result in further deterioration of the Economy into something that may be much worse that a Severe Recession!!!!
Mortgage applications are at a 25-year low and in Phoenix, there are already rumors of staff cuts at local lenders. Get ready for a phenomenal buying opportunity; not yet but coming.
Dr. Charles Nenner believes there will be a bounce in the Equity and Bond Markets too. He looks to late October into November for the bounce. Be nimble and quick, it is just a bounce in the markets.
The Federal Reserve has it all under control (sarcasm).
Inflation will no longer be a concern in the coming months. Is inflation peaking? Food, energy, and housing inflation continues to rise.
Your Job is going to be your concern. The Federal Reserve is using the Strategy of Demand Destruction to control Inflation. They know that Severe Recessions KILL Inflation. It also kills jobs, and Businesses, investments, futures…
Real wages are decreasing. People have less money.
More Interest rate hikes are likely to come. Pay off your debts. The cost of money is going up.
It may be awhile. At some point, opportunity is coming. Be prepared and ready!
Labor Day Weekend, September 2022, This Week in Prophecy…
photo credit: Moneycontrol.com
Russia has cut off the flow of natural gas to Europe. Nord Stream 1 has been shut down indefinitely.
“Europe’s storages are well on track to hitting or even surpassing their targets for this summer, and there’s plenty of scope to replace that gas with liquified natural gas imports for now, but when weather turns cold and demand starts to pick up in the winter in Europe and Asia, there’s only so much LNG out there that Europe can import to replace Russian gas.”
Companies are shutting down across Europe due to high gas and electricity costs. This week, the world’s second largest steel maker is closing indefinitely.
Revelation 9:16 Now the number of the army of the horsemen was two hundred million; I heard the number of them.
Vostok ’22 is underway with China and India joining Russia in the war games. The military exercise will take place from September 1-7, 2022 in Russia’s Far East and the Sea of Japan. Russia will join with troops from ex-Soviet nations, China, India, Laos, Mongolia, Nicaragua and Syria.
“The exercise isn’t directed against any specific countries or military alliances and is purely defensive,” Russian Deputy Foreign Minister Alexander Fomin.
The Federal Reserve is tightening and pulling US dollars out of the system. The US dollar is gaining strength. Interest rates are increasing and the price of debt is going up.
Revelation 2:8a And to the angel of the church in Smyrna write…
Turkey is threatening Greece in the Aegean Sea. President Recep Erdogan invokes modern day Izmir or ancient Smyrna in his comments. Remember the churches in Revelation???
“We have only one word to tell Greece: Do not forget Izmir (Smyrna in Greek). Your occupation of the islands does not bind us. When the time comes, we will do what’s necessary. As we say, we may come suddenly one night.” Turkey’s President Recep Erdogan in reference to the end of the Greek occupation after Turkish forces entered the city in the Aegean coast in 1922.
The Watchmen, just a couple of dudes sitting on the wall watching the world…
What in the world is Israeli PM Bennett doing trying to broker peace between Ukraine and Russia? Bennett is an Orthodox Jew. Has he read Ezekiel 38-39?
The Iranian nuclear deal appears to be coming close to completion. Look who is working together… Iran, Russia, and China. Is this a good deal for the rest of the world? Will the world be a safer place? Who benefits economically?
Iran shows off their latest military equipment via the Russian press.
Federal Reserve Chairman Powell discussed the possibility of other alternatives to the dollar in a global economy.
Knock on effects are starting to emerge. The price of wheat, oil, and natural gas are going straight up. A war is taking place in the bread basket of Europe. Millions of people in North Africa, the Arabian Peninsula, and Europe are at risk for hyperinflation of food prices.
Russia has cut off the supply of natural gas to Europe.
Turkish inflation is out of control.
All of this and more including analysis and commentary on the link below.
Proverbs 27:12 The prudent sees danger and hides himself, but the simple go on and suffer for it.
Proverbs 14:16 One who is wise is cautious and turns away from evil, but a fool is reckless and careless.
Cash is Trash? Think Again! I have been in many Stock Cycles, many Bond Cycles, through a few 18-year Real Estate Cycles and having a Cash Reserve on hand to insure against credit line restriction is good business, So Cash is not always Trash. Cash is also a separate asset class.
When the Economy gets in trouble, the Banks will take back their CREDIT LINES!
Having cash, savings, checking, and bills: $1, $5, $10 dollar bills, is reassuring to carry you through any slow period. We have all done well in the last couple of years, maybe it’s time to take some profit or refinance and take some cash.
I have been suggesting maybe it is time to take a little money off the TABLE! Trees do not grow to the sky, and it is often nice to have some cash to supplement through a soft patch or use for an Opportunity! Cash is not always TRASH!
However, DO NOT SPEND this money, the cash is for opportunities or reserves.
Click on the YouTube video below for the details.
When the Recession hit in 2020 the Stock Market dropped like a rock, and it was difficult to get out. More and more of my clients have their Asset Allocation overweighted in the Stock Market. The Stock Market has had a very good run and perhaps it is time to take a profit and place the Capital in another ASSET CLASS!
World famous cyclical economist Charles Nenner weighs in on the market with his proprietary charts.
Michael reviews where he thinks we are in the 18 year Real Estate Cycle.
Real Estate Rentals add diversification, Cash Flow, Capital Gains, and are a separate asset class. If you or your clients are overweighted in Equities, perhaps change Assets to Real Estate. Real Estate and especially Rental Real Estate is “Counter Cyclical” to the Stock Market and often Capital will flow out of one Asset Class into another. Real Estate often benefits! Self-Directed IRA’s and Self-Directed 401K’s are ideal. Real Estate Rentals not only provide an excellent Cash Flow, but also act as an Inflation Hedge.
Michael addresses charts from the Federal Reserve. In Q1 of 2020, there was $6.3 Trillion of stimulus unleashed into the Economy and that ignited INFLATION! Once worker make $20 an hour, they are not going back to $12 an hour.
Are economic bubbles beginning to pop? The economy appears to be cooling.
Please check with your Financial Advisor to discuss what is right for you. I do not advocate that all of your assets be in Real Estate, nor do I believe all of your assets should be in the Stock Market.
Click on the YouTube video below for the details.
Proverbs 22:3 The prudent see danger and take cover, but the simple keep going and suffer the consequences.
