If we look at the current bull market in light of the current economic data, there is a huge disconnect. In fact, current economic statistics are outright pathetic.
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New York, NY (PRWEB) July 03, 2013
Lombardi Publishing Corporation, a 27-year-old consumer publisher that has served over one million customers in 141 countries, is pleased to announce the product launch of its new "A Dire Warning for Stock Market Investors" video.
Established in 1986, Lombardi Publishing has become one of the leading providers of stock market commentary and financial and economic analysis. Over the years, Lombardi Publishing has been widely recognized for the accuracy of its economic predictions, in particular its prediction of five major economic events over the past 10 years.
In 2002, Lombardi Publishing started advising readers to buy gold-related investments when gold bullion was trading under $300.00 an ounce. In 2006, Lombardi Publishing warned readers extensively about the housing bubble before it popped. It was also among the first organizations back in late 2006 to correctly predict that the U.S. economy would be in a recession by late 2007. Finally, Lombardi Publishing warned readers in advance about the stock market crash of 2008.
According to Lombardi Publishing, "Today’s stock market is setting up for a huge tumble…a collapse that will make the stock market crashes of 2008 and 1929 look like a cakewalk." And the makings of this collapse have already been put into place.
In an effort to save the economy at all costs, the Federal Reserve has brought interest rates to historic lows, made money available to big banks that were in trouble, bought U.S. Treasury bonds for the first time in history, and created trillions of dollars in new money out of thin air. According to Lombardi Publishing, this unprecedented monetary stimulus has gone on for too long and the Federal Reserve has inadvertently created a massive stock market bubble.
"If we look at the current bull market in light of the current economic data, there is a huge disconnect. In fact, current economic statistics are outright pathetic," says Wendy Potter, managing editor at Lombardi Publishing. "Corporate earnings growth has fallen back to the slowest pace since 2009. The real unemployment rate has been above 14% for years, a record number of Americans are on food stamps, and U.S. poverty has reached a 50-year high. On top of that, the housing recovery is fragile at best, with over 10 million homes in the U.S. economy still with negative equity."
Michael Lombardi, founder of Lombardi Publishing, believes that the U.S. government has been printing money at an alarming rate and that national debt levels have soared to unprecedented levels. According to Mr. Lombardi, as a result, inflationary pressures are building and interest rates will have to climb in tandem, all of which is putting more and more pressure on bond prices, negatively impacting investor wealth.
Click here to see the recently released "A Dire Warning for Stock Market Investors" video.
Founded in 1986, Lombardi Publishing Corporation, which has served over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more information on Lombardi Publishing Corporation, visit LombardiPublishing.com.