That June 2008 Feeling...

The unemployment rate spiked… [Katusa Research] The unemployment rate spiked… California governor declares a drought… The supreme court ruled 5-4 that the Constitution protects an individual's right to possess a gun… G8 finance ministers met in Japan to talk about rising food and oil prices. Crude Oil set a record at $138.54 on June 6. You would think these headlines are from today. But they were headlines and current events back in June 2008. Barack Obama just secured the Democratic nomination. The subprime mortgage crisis starts to snowball into more headlines. Two former Bear Sterns hedge fund managers are arrested. It’s the worst June for stocks in 76 years. Massive Dow Down days were the norm… Sound familiar? The Red Flags Were Everywhere on What Was Coming… But still, investors were caught off guard in the fall of 2008 when the GFC hit. I sank money and averaged down in a lot of my positions… until I almost ran out of capital. The rallies were few and far between. I got caught catching a falling knife. It was my first major lesson I learned in a melt that became a crash. And the Critical Market Moment hit when the black swan of Lehman Brothers tore the market apart. Then everything ripped at the seams, and many investors and funds were exposed. Everyone I knew was humbled, including me. It was a multi-million dollar lesson that I never forgot. I didn’t go into the recession and meltdown prepared. I had little attack capital because I was obsessed with catching a bottom that never came. And I got my ass handed to me. It was a valuable lesson. That’s where I came up with a blueprint and my alligator framework. I never wanted to get caught short in the market again. Or catch a falling knife that could wipe me out. Because he who loses least in a deflation is the winner. And that’s where we are today. It’s Time to Recession Proof Your Portfolio Speculative froth is finished. Easy money NFT’s and crypto scams are done, likely for many years. The new money that entered post-Covid crash has been burned in the froth. And real-world companies will survive and thrive. I’ve seen it in every market sector. Twice now in some, including tech. - Newsletters and trading services are laying off staff and shutting down entirely. Many are pivoting to other lines of business. This tells me we’re in for a melt that could last for a long time. You need to prepare for war. And choose a wartime leader wisely. Which is why I’m putting together an emergency broadcast for you on Tuesday, July 12th, at 9am PST. I’ve only ever done one broadcast like this in the 6-year history of Katusa Research – during the market crash of March 2020. At that time, it was during the crash. This time, I’m showing you how I’m preparing for one. So, buckle up… Fortunes are made by getting positioned the right way in bear markets, and I’m not missing this one. Regards, Marin Katusa Copyright © 2022 Katusa Research, All rights reserved. If you wish to stop receiving our emails or change your subscription options, please [Manage Your Subscription]( Katusa Research, Suite 530 - 800 West Pender St, Vancouver, BC V6C2V6, Canada