What This New Type of Credit Card Means

[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. What This New Type of Credit Card Means By Phil Anderson, Editor, Cycles Trading with Phil Anderson One of our team members received a strange offer recently… She got a letter from a California-based financial services provider. [image of offer] The letter offered her a new kind of credit card… they say it’s the first of its kind, backed by home equity. It works like a home equity line of credit (or HELOC) with a credit card attached. So you can use the money you repaid to your bank… to spend more. She immediately shared this with the Cycles Trading team, saying, “Phil, you said it would happen!” She didn’t take the offer… but a lot of people will. Recommended Link [FIRST LOOK – Tiny AI Company Gets Guarantee Ahead of $826 Billion Spending Spree]( [image]( Former Goldman Sachs Executive Dr. Nomi Prins just made an incredible discovery… A tiny AI company has just received a special guarantee in front of an $826 billion spending spree. The mainstream media has not got wind of this news, yet… Which is why shares in this tiny AI firm are still available for just $0.26. Nomi is putting together a detailed briefing on this tiny AI company as we speak, which she’ll release sometime in the next 48- hours. [Click here to automatically receive an email update when this urgent briefing goes LIVE.]( -- Growth at All Costs It’s funny how things always shape up according to the 18.6-year real estate cycle. We’re now in what I call “The Eleventh Hour.” It’s the part of the cycle in which the economy grows, land and real estate appreciate, and liquidity is abundant. This new “home equity credit card” is a sign of the times. Do you know how much home equity an average homeowner has in the United States? About $274,000. And do you know what the maximum limit on this credit card is? $250,000. In other words, if you’re not careful with your expenses, you can wipe out almost all of your home equity with it. …This, of course, would be great for the economy. Consumer spending is responsible for almost two-thirds of U.S. gross domestic product. So giving people a convenient credit card that can potentially use almost all of their home equity is like giving a hunting enthusiast access to cluster bombs. The results will be immense. More Growth Ahead Data tells me that consumers are optimistic. They are willing to spend. In fact, consumer confidence in the U.S. has just hit a two-year high. Unemployment remains low… inflation is slowing down… all this sends consumers signals that they can go ahead and make some big purchases. Again, this will be great for the economy. And this extra spending, powered by both traditional and new tools like the credit card we showed you above, will continue pushing the 18.6-year cycle. For comparison, in the second quarter of 2007, right before the Great Recession, U.S. consumers owed about $2.6 trillion in non-housing debt. In the second quarter of this year, that number went up 81%. The total is $4.7 trillion. There’s more leverage in the system now than there was before the Great Recession. And more leverage is coming, in all shapes and sizes. The U.S. economy isn’t in imminent danger. As I said before, I don’t see a downturn until 2026… Until then, there’s supercharged growth ahead, powered by things like this “first of its kind” credit card, [private credit]( [Apple’s “buy now, pay later”]( loans, and more… And I saw it coming. Regards, [signature] Phil Anderson Editor, Cycles Trading with Phil Anderson --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Cycles Trading Feedback). IN CASE YOU MISSED IT… [This Stock Could Go Up 66% or More.]( Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. [Click here to get his latest buy.]( [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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