Press the play button below to watch Austin Root explain our 9th Bear Market Signal:
Hi again, it’s Austin Root with Stansberry Research. We hope you’re getting excited for the Bear Market Survival Event that's kicking off tomorrow evening.
We also hope you appreciated us ripping through some of these risk factors that we flagged as critical. They’re important for you to understand because there are so many scary parts in the market.
One of the big things that we focused on is all the debt in the system...
Too much government debt, too much corporate debt, too much consumer-level debt, and even too much investor-level debt.
All of this debt sloshing around the system puts us in a precarious spot and it sets up the risk factor that I want to talk about today, and that’s jobs.
With all this debt, what we really need is continued growth. And the biggest part of our economic-growth engine is personal consumption.
The only way personal consumption can continue to grow is if jobs continue to grow.
And that may not occur according to one key indicator. If you take a look at the chart below, you'll see the indicator is peak job openings.
Peak job openings is something that we look at — and historically when job openings have peaked and started to decline, that has signaled a bear market.
It happened in 2000... it happened in 2008 before the great recession...
It’s happening again right now. And if the data doesn’t improve anytime soon, the market outlook might not be so rosy.
We’re concerned about this because you need the growth in the job and labor workforce to grow economic output.
Without economic output growth, we could see the market continue to worry more and more about these huge levels of debt.
We’ll talk more about this at the Bear Market Survival Event tomorrow evening. We look forward to seeing you there.
In the meantime, check out our 10th — and final — Bear Market Signal where we feature an incredibly important essay written by two famed economists outlining the 10 reasons why the government will NOT save you. Click the "Bear Market Signal #10" button below to learn more.
Jim Rogers is an American businessman, investor, traveler, financial commentator and author based in Singapore. Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the Quantum Fund and creator of the Rogers International Commodities Index.
Porter Stansberry founded Stansberry Research in 1999 with the firm's flagship publication, Stansberry's Investment Advisory. He is also the host of Stansberry Investor Hour, a weekly broadcast that has quickly become one of the most popular online financial radio shows. At Stansberry Research, Porter oversees more than twenty of the best editors and analysts in the business, who do an exhaustive amount of real-world, independent research.
Austin Root is editor and portfolio manager for the Stansberry Portfolio Solutions products and American Moonshots. He is also director of corporate development at Stansberry Research and a senior analyst for Stansberry's Investment Advisory.