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Why Stocks Must Fall Before the Next Big Rally

In his Jackson Hole speech last week, Fed Chairman Powell said he is waiting for data to confirm a slowdown before future rate cuts. It may be why President Trump is being more aggressive in the trade war with China. This aggressiveness will push stocks lower in the near term to get more rates cuts and the next rally as a result. Also, an update on our latest trade in the portfolio.

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Jim Rickards’ Project Prophesy

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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