Global Recession About to Hit the U.S. Economy; Economic Report by Leading Financial Newsletter Profit Confidential


New York, NY (PRWEB) July 07, 2012

According to Michael Lombardi, lead contributor to Profit Confidential, the global economic contraction is beginning to hit the U.S., and it will lead America into a recession. Lombardi believes the prospect of a global economic recession can no longer be ignored, and the stock market will be hard-pressed in this recessionary environment to make any gains, unless a third round of quantitative easing (QE3) soon comes into effect to prop up the market.

In the article Prospect of Global Economic Recession Can No Longer Be Ignored, Lombardi says that the only thing that could turn this tide is if the rest of the economic world began to grow again, easing the recessionary pressures within the U.S. economy.

Unfortunately, the recession in Europe is worsening as Chinas economic contraction continues to gain steam, notes Lombardi.

Lombardi sites that for May, Chinas manufacturing sector contracted to a seven-month low: Since Chinas economy is based on manufacturing due to the goods it exports to the rest of the world, this is not a good sign for China, he says.

With the unemployment rate creeping higher in China, Lombardi believes consumer spending will be held back. This negative feedback loop is occurring around the world, adding to the evidence of a global economic recession, argues Lombardi.

The Profit Confidential lead contributor then cites that the eurozones manufacturing activity came in at a level not seen since June 2009. Worse, the economic contraction that has been taking place over the last few months is gaining at the fastest level experienced in three years, Lombardi reports.

All we are waiting for now is for the Federal Reserve to announce its next round of quantitative easing (QE3), a fancy name for money printing, says Lombardi.

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $ 300 an ounce. In 2006, it begged its readers to get out of the housing market… before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporations free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardis current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.







Canadian Dollar Likely to Strengthen, FX Report by Top Financial Newsletter Profit Confidential


New York, NY (PRWEB) April 26, 2012

In his recent Profit Confidential article, “Canadian Dollar Poised for Long-term Strength,” Sasha Cekerevac reports that Marchs number for job creation in Canada came in at over 82,000 jobs. The editor feels that this positive news will help propel the Canadian dollar higher.

With a population approximately 1/10th the size of the U.S., it would be the equivalent of the American economy creating 820,000 new jobs in March, says Cekerevac

In the Profit Confidential article, Cekerevac states, With the U.S. deficit pegged to hit and possibly exceed $ 1.3 trillion in 2012, this cant help the U.S. dollar.

Furthermore, Cekerevac notes that additional monetary stimulus has devalued the U.S. dollar and pushed up commodity prices before and will do so again.

Canada sells commodities, tons of them; from oil, to gold, to wheat and almost everything in between. The higher commodities go, the higher the Canadian dollar goes, says Cekerevac. This is combined with the fact that the Canadian government is very well managed financially, with some estimating that the Canadian budget deficit for this year will only be $ 20.0 billion.

Cekerevac estimates a budget surplus for Canada by 2015-16. How long until the U.S. budget deficit disappears, asks Cekerevac? The editor doesnt see any political will to change the direction and believes that, with it, we will see the U.S. deficit continue to soar.

Bank of Canada Governor Mark Carney has been a strong voice in letting the markets know that inflation will not be tolerated, says Cekerevac. We will most certainly get a rate hike in Canada sooner than in the U.S., which should help move the Canadian dollar higher.

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $ 300 an ounce. In 2006, it begged its readers to get out of the housing market… before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporations free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardis current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.







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Yen Set to Fall; FX Report by Top Financial Web Site Profit Confidential


New York, NY (PRWEB) March 23, 2012

Currency trading will be a very big part of the markets over the next couple of years, as Japan is about to enter its own credit crisis and this will drive down the yen, according to Sasha Cekerevac, contributor to popular financial newsletter and web site Profit Confidential. In a recent article Cekerevac wrote, titled, Is This Currency About to Crash?, he outlines his rationale for a weaker yen over the next few years.

Japan has been fortunate over the last couple of decades that its own citizens were the biggest buyers of the countrys own government bonds, but that is about to change, says Cekerevac. This is when the situation will get tough for Japan, because that nation has the highest debt load of any developed nation.

Cekerevac points out that this is in addition to the stated goal of the Bank of Japan and the Japanese government to lower the value of the yen, as the countrys currency strength has hurt exporters.

This implicit goal will push traders out of the yen, changing the nature of currency trading over the next few years, says Cekerevac.

While Greece might appear to be a big deal, Cekerevac points out that the nation is tiny compared to Japan. Greeces GDP is approximately $ 305 billion, while Japans GDP is just under $ 5.5 trillion, all in U.S. dollars, says Cekerevac.

Cekerevac is looking for the yen to continue its weakness over the next few years.

No one can bail out a giant nation like Japan, says Cekerevac.

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $ 300 an ounce. In 2006, it begged its readers to get out of the housing market… before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit http://www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporations free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit http://www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardis current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six.





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