Unstoppable Consumers Means No Recession

[Cycles Trading With Phil Anderson]( Welcome to Cycles Trading with me, Phil Anderson. My aim with this three-day-per-week e-letter is to introduce you to the most powerful knowledge for building wealth. And that’s the 18.6-year real estate cycle and its key relationship to stocks. Every 18.6 years, property, economy, and stock markets move through a repeating series of peaks and troughs – like clockwork. And the market has followed this cycle for over 200 years. Using this knowledge, I’ve been able to forecast every major market move over my 34-year career. If this is your first time tuning in, catch up on my[background]( how I [predict the markets]( and how I’ll help you avoid [false alarms]( from the mainstream media. Unstoppable Consumers Means No Recession By Phil Anderson, Editor, Cycles Trading with Phil Anderson If you look at this image of luxury store Louis Vuitton stormed by protesters, what do you think? Is it game over for LVMH, the world’s largest luxury retailer… Or is it another case of the media being obsessed with the wrong story? [Image] Source: Bloomberg If you have followed my analysis so far, you may know the answer. But here’s the background: Infuriated French protesters are out in the streets fighting the French government’s new pension reform. They're trying to raise the retirement age in the country from 62 to 64 years old… a very unpopular idea. [In 20 years, this little-known trader didn’t have a single losing year…]( So… they decided to attack the country’s symbols of capitalism and luxury. And it appears LVMH, the world’s leading luxury brand, is receiving the brunt of it. LVMH – Moët Hennessy Louis Vuitton – controls about 60 subsidiaries which manage 75 luxury brands like Dior, Sephora, Tiffany & Co, Givenchy, Marc Jacobs, Tag Heuer, and many more. And a couple of weeks ago, founder Bernard Arnaud saw his net worth cross $200 billion to become the world’s wealthiest person. And this is the real story… LVMH Proves There’s No Recession Mr. Arnaud’s wealth is tied to his ownership of the luxury conglomerate, and its share price jumped after it reported blowout earnings. Most of the growth was driven by China, where consumers are no longer experiencing tight lockdowns. The country has rolled back its “zero Covid” policy and Chinese consumers are splurging on luxury goods hand over fist. Neither inflation nor the general market jitters are preventing this. Consumers are out there, and they are willing to spend. And not only in China… Recommended Link NOW PLAYING [The Currencies in Crisis Summit With Market Wizard Larry Benedict]( [image]( One corner of the financial world is delivering record profits – precisely because of all the chaos we’re seeing today. - This unique market has nothing to do with stocks, options, crypto, gold, or bonds - It’s never had a broad market crash in its entire 100-plus year history - And it’s helping Wall Street make “enormous fortunes” right now, according to Barron’s For the first time, Larry’s revealing how everyday folks can tap into this market too. [Get all the details here.]( -- Unstoppable Consumer Activity in the U.S. While the mainstream media in the U.S. had its readers fixated on the “banking crisis,” the largest banks in the United States are publishing excellent quarterly results. The Bank of America reported a 15% growth in profits compared to the same quarter of 2022. (Wall Street analysts, by the way, predicted that BoA’s profits would decline.) The bank’s CEO said on the earnings call: The forecast is for a recession in the second half of the year, but we don’t see consumer activity slowing to a pace that indicates that. Everything points to a mild recession, but we will see what happens. Unstoppable consumer activity tells me that a recession isn’t going to happen anytime soon. The bank’s CEO is being cautious… and I understand that. But if you read between the lines and shut out the noise, this statement is overwhelmingly positive. However hard the media tries to persuade you otherwise, my 18.6-year real estate cycle – which has helped me navigate global markets for decades – suggests no recession soon. And I see proof of that coming from pretty much everywhere in the world. So who should you listen to? That’s for you to decide. Regards, [signature] Phil Anderson Editor, Cycles Trading with Phil Anderson P.S. I know it’s hard to believe, but saying anything else would be less than the truth – I’ve called every major market move over my 30-year career. And this lets my readers navigate markets with calm and confidence. I recently launched my first U.S.-based newsletter to help you ignore the constant noise in the markets… and give you specific plays that do well in each part of the cycle so you can build (or rebuild) your wealth. Check it out [right here](. IN CASE YOU MISSED IT… [Looking for a cheat sheet into the future?]( A new book by best-selling author Peter Zeihan – whose books are so replete with predictions that they read like a cheat sheet into the future – is available now. [Get it here.]( [image]( [Rogue Economincs]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [www.rogueeconomics.com]( [Tweet]( [TWITTER]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. 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