D.R. on Varney & Co.: Trade and Currency Wars Are the First Step…

On my weekly appearance on Varney & Co. yesterday, many concerns for the market came up. I couldn’t emphasize enough that the analysis saying a U.S. recession is imminent in the next 9 months, I simply don’t buy. Instead, we can expect within that time frame a global economic recession of that level. While that may sound worse, the U.S. will actually be the best off compared to the rest of the world. See the video below for more details.

So while the trade and currency wars are of real concern, that’s not the only front in which China has become a threat. My associate Dr. Kent Moors, a former high ranking intelligence officer and advisor to the highest levels of the U.S. government has informed me of China’s increased militarization of the South China Sea putting not only their neighbors on alert, but U.S. soldiers stationed there. For the past several years, China have been occupying a chain of the Paracel Islands and from there Beijing has been upgrading facilities in the region… deploying surface-to-air missiles, building 20 hangars at the airfield, upgrading two harbors and performing substantial land reclamation. Escalating aggression from the Eastern Superpower has everyone in the intelligence community on guard. Especially when it comes to the country’s newest armament. A weapon that can bypass every defensive measure of US Aircraft Carriers in the vicinity, taking them off the board entirely… Read more.

Click below to watch… 

D.R Unfiltered: What’s Next for America’s New Stock Model

I’ve finished up my trip to Scotland, but I’m never done helping you understand the state of the markets. So I wanted to bring you this “D.R. Unfiltered” video I made right before the weekend.

A lot more has happened for the markets in just the past few days of August than the whole month of July. Even though the Fed cut on interest rates was expected last week, markets got scared that it might be the only interest rate cuts for the year. Boy have they reacted poorly. Even despite quick gains back from some of the losses, the markets overall are still experiencing unlikely lows.

Truly it comes down to one fact: the markets are the model of volatility, which is the exact opposite of the stability of the walls behind me. So we’re going to be very selective on our trades. We will adjust how we make our trade plays, so pay close attention to my future instructions this week. We’re still going to be bullish, but for more information check this video here.

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