Showing posts with label best year. Show all posts
Showing posts with label best year. Show all posts

Tuesday, December 19, 2017

2017 Has Been The Best Year For The Stock Market EVER - THE ECONOMIC COLLAPSE BLOG


Posted: 18 Dec 2017 Michael Snyder  THE ECONOMIC COLLAPSE BLOG

We have never seen a better year for stocks in all of U.S. history.  Just five days after Donald Trump entered the White House, the Dow Jones Industrial Average hit the 20,000 mark for the first time ever.  On Monday, the Dow closed at 24,792.20, and there doesn’t seem to be any end to the rally in sight.  Overall, the Dow Jones Industrial Average is up more than 5,000 points so far in 2017, and that absolutely shatters all of the old records.  Previously, the most that the Dow had risen in a single year was 3,472 points in 2013.

Yes, I know that it may seem odd for a website that continually chronicles our ongoing “economic collapse” to be talking about a boom in stock market prices.  But of course there has not been a corresponding economic boom to match the rise in stock prices.  This artificial stock market bubble has been created by unprecedented central bank intervention, and every previous stock market bubble in our history has ended with a horrible crash.

But for the moment, it is certainly appropriate to be in awe of what has transpired in the financial markets in 2017.  Never before have we seen the Dow close at a record high 70 times in a single year, and we still have almost two weeks to go.

Stocks have risen every single month in 2017, and that is the very first time that has ever happened as well.  No matter how much bad news has come out, stock prices have just kept climbing and climbing and climbing.

Since Donald Trump’s surprise election victory last November, the Dow is up a whopping 34 percent.

34 percent!

Wall Street has never seen better times than this.  Overall, U.S. stockholders have seen more than 5 trillion dollars in paper gains since Trump was elected, and this has created a real estate boom in some of the wealthier areas of the nation.

Of course markets go down a lot faster than they go up, and that 5 trillion dollars in paper gains could be wiped out very rapidly in the event of a major disaster, but for the moment investors are absolutely thrilled with what has been happening.

Of course there are red flags all over the place, but not too many people are even paying attention at this point. Right now the S&P 500 is the most overbought that it has been since 1958, and earlier today a CNBC article declared that U.S. stocks are “very, very overbought”, but this will probably just encourage people to buy even more.

These days, if stocks are up that is a signal to buy, and if stocks are down that is a signal to buy.

Of course we witnessed similar euphoria just before the dotcom bubble burst and just before the financial crisis of 2008, but most Americans have extremely short memories.

For most of us, those crashes might as well be ancient history.

But just like in each of those cases, market euphoria tends to hit a peak before things completely fall apart.  Bill Stone, the chief investment strategist for PNC Asset Management Group, recently made this point very succinctly
“It is going to get to a point where it can’t get any better anymore,” he said. “In the market it’s always brightest before it gets dark.”
Others are being even more blunt.  For example, trends forecaster Gerald Celente is convinced that “equity markets around the world are going to crash” in 2018…
“Yes.  Everyone knows that the markets are overvalued.  The Schiller PE ratios rival those of the pre-1929 stock market crash and the Dot-Com bubble…The Black Swan Event: When war breaks out in the Middle East, the equity markets around the world are going to crash.  The Black Swan that is going to create ‘Market Shock’ is going to be an outbreak of war in the Middle East.  And when that happens, you are going to see gold and silver skyrocket.  That’s our forecast for one of the top 10 trends of 2018.”
Personally, I never believed that the stock market bubble could ever be inflated to such absurd proportions, and so I am just in awe at what is taking place on Wall Street. Since the last financial crisis our national debt has doubled, corporate debt has doubled, U.S. consumers are now 13 trillion dollars in debt, our economic infrastructure continues to be gutted, more than 40 million Americans are living in poverty and our financial institutions are being more reckless than at any other point in our entire history.

But for the moment, it is working.  We have been on the greatest debt binge in world history since the end of the last recession, and most people seem to believe that the debt-fueled standard of living that we are currently enjoying is somehow going to be sustainable.
Nothing about our long-term economic outlook has fundamentally changed.  Just because the authorities were able to extend this bubble for a little while longer does not mean that we are going to get to escape the consequences of decades of incredibly foolish decisions.
We just keep on mortgaging the future, but the funny thing about the future is that eventually it shows up.

And when our day of reckoning finally does arrive, the pain that it is going to cause is going to be absolutely off the charts.

Michael Snyder is a Republican candidate for Congress in Idaho’s First Congressional District, and you can learn how you can get involved in the campaign on his official website. His new book entitled “Living A Life That Really Matters” is available in paperback and for the Kindle on Amazon.com.

Friday, January 3, 2014

Elijah List - If You Follow Your Calling, This Will Be Your Best Year Yet - Rick Joyner

Rick Joyner:
Happy New Year! If You Follow Your Calling, 
This Will Be Your Best Year Yet
Steve ShultzFrom the desk of Steve Shultz:

Like many of you, I find that the beginning of the year is a great time to pray and seek the Lord for what's ahead. I'd say that Rick Joyner's latest word is a must read for the beginning of this New Year...it will really help and encourage you!

In fact, make sure and forward on to your friends too and tell them to subscribe to the Elijah List as we will be posting upcoming prophetic words for the year.

I pray as Rick Joyner shares in his word that THIS WILL BE YOUR BEST YEAR YET!

Blessings,
Steve Shultz

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We appreciate our dear readers and we thank you for supporting your Elijah List staff!
Blessings,
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HR
bookUnshakable Faith: A 50-Day Journey
by Rick Joyner
$10.99
E-Book
Order the Download

cdDriving Fear, Lack & Loss
OUT of Your Life NOW! 

by Myles Munroe and Rick Joyner
2-Set Teaching
$12.00
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$9.00
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HR
To receive daily, encouraging prophetic emails from 
The Elijah List to your in box CLICK HERE.

Rick Joyner:
Happy New Year! If You Follow Your Calling, 
This Will Be Your Best Year Yet

Rick JoynerWe will continue our study of how the kingdoms of this world are in conflict with the coming Kingdom of God, but I would like to take this opportunity to be thankful for all the Lord did in 2013 and for all of the potential of 2014.

Because we are commanded to "enter His gates with thanksgiving" (see Psalm 100:4), I ask you to take a few minutes to think of all the things that took place in 2013 for which you are thankful, and thank Him.

Our thanksgiving to God should include everything that happened, because we are told to give thanks in all things. Everything works together for our good, so we should actually be thankful for everything in our lives. This may be hard for many things and will require even more faith. Since we know that "without faith it is impossible to please Him," the more faith we have in Him the more it pleases Him (see Hebrews 11:6).

Your Best Year Yet

Don't get your security from the crowd but from the LordNow let us resolve that we are going to enter 2014 with a thankful heart that is continually thanking Him. In this way, we will be able to continually dwell in His presence, and 2014 will be our best year yet.

Many reduce faith to belief in an outcome instead of faith in God. Having the best year yet does not depend on what happens in 2014 as much as it does on how close we get to the Lord. 

Psalm 16:11 declares,
"You will make known to me the path of life; in Your presence is fullness of joy; in Your right hand there are pleasures forever."

You can know that this is your calling, because it is the calling on each of God's people. 

It is God's will for 2014 to be your best year yet—full of more peace and more joy than you have ever experienced before, because He is calling you to draw closer to Him. 

Every year thereafter is supposed to be even more full of the peace of God and the joy of the Lord because it is your calling to get ever closer to Him.

All we have to do is follow Him and resolve that we are going to fulfill our highest purpose as human beings—to love Him above all things and to love one another.

Peace of God

It is that simple. Those things that divert us from simplicity of devotion to Christ bring pain, confusion, frustration, and fear into our lives. If we place seeking the Lord above all things, as is basic to those who resolve to keep Him their first love, then every major decision we make in our lives will be based on first seeking His Kingdom and His righteousness.

As we are told in Romans 14:17, His Kingdom is "righteousness, peace and joy in the Holy Spirit." If we are seeking first His Kingdom and His righteousness in all of our major decisions, then we will be doing what is right in the sight of the Lord, which leads to true peace that leads to true joy.

As we proceed into these times, the distinction between those who have built their lives on the Kingdom of God and those who peacehave built on the kingdoms of this world will become increasingly pronounced.

Those who have the peace of God will become more quickly distinguished from those who do not. 

Those without the peace of God will be growing in fear and discord. Those who have the peace of God will be growing in the joy of the Lord, and this will cause them stand out more. You are called to be one of those standout people who represent the Kingdom of God. 

If you follow your calling, this will be your best year yet.

Please also consider that as your peace and joy in the Lord becomes more pronounced, you will be asked more often what is the source of this. I Peter 3:15 tells us to, "sanctify Christ as Lord in your hearts, always being ready to make a defense to everyone who asks you to give an account for the hope that is in you." 

Your peace and joy will result in many salvations as these times unfold. Rehearse now how you will answer those who ask about the Source of your hope, your peace, and your joy.

Rick Joyner
MorningStar Ministries

Rick Joyner is the founder and executive director of MorningStar Ministries and Heritage International Ministries and is the Senior Pastor of MorningStar Fellowship Church. He is the author of more than forty books, including The Final QuestA Prophetic History, and Church History

He is also the president of The OAK Initiative, an interdenominational movement that is mobilizing thousands of Christians to be engaged in the great issues of our times, being the salt and light that they are called to be. Rick and his wife, Julie, have five children: Anna, Aaryn, Amber, Ben, and Sam.

ElijahList Prophetic Resources

ElijahList Prophetic Resources
bookUnshakable Faith: A 50-Day Journey
by Rick Joyner
$10.99
E-Book
Order the Download

cdDriving Fear, Lack & Loss
OUT of Your Life NOW! 

by Myles Munroe and Rick Joyner
2-Set Teaching
$12.00
Order the CD
$9.00
Order the Download