Your Weekly Wrap Up By Chris Cimorelli, Managing Editor, Economy & Markets  Things are starting to heat up, again.
Stocks slid from their near highs as oil began to threaten another move below $40.
The ECB is talking more QE because current QE isn't good enough.
And our own Fed governors continued to spout nothing we haven't heard for the past year. The likelihood of a December hike, though, increased substantially (we've noted, of course, that the month between now and then is plenty of time for things to go wrong).
Rodney wrote to you on Monday that the business cycle appears to be winding down.
He shared a friendly anecdote about how, while he was drinking beer after a weekly sail with some buddies, he noticed how many of the beers at their local Irish pub appear to be owned by the same company. That'll be more the case now with two major brewers merging. They could own well over half the market.
The bigger picture is – these types of business deals tend to build up just before the economy starts to go splat. After all, if businesses can't rely on demand in order to grow, the next logical solution is just buy a competitor's market share.
Harry added to the conversation Tuesday by pointing out that a major market top appears to be forming.
Already we've seen stocks start to tumble after coming to within a point of all-time highs. That's a bearish signal.
But even if stocks are able to climb their way just past their previous peak, they can't go much farther. And the higher they go, the wider the spread we'll see between the top and bottom market performers, which just makes the market even more sickly.
Like Harry said: "Damned if we do, damned if we don't."
Adam also had some interesting insights this week. Just like Rodney focused on the role of mergers and acquisitions in the business cycle, Adam focused on something else: art. Or specifically, art auctions.
This one gets a little kooky, but it makes sense. Whenever there's a major boom, certain entrepreneurs who weren't rich before profit from those booms.
To display their newly acquired wealth, they buy extravagant, nice things. They want people to see how wealthy they've become. They themselves can hardly believe they've gotten so darn stinking rich. It's all ego.
And naturally, these sort of sales come to a head when the boom that rewarded them does as well. From cloud nine, there's really only one direction left to go.
For that reason, it makes a terrific "global collapse" indicator. And as you'll see when you read it, the stock of Sotheby's, a major auction house, correlates freakishly with major economic boom and bust periods.
From Harry and Rodney's macroeconomic perspective to Adam's more microscopic look… things are starting to line up.
We also had some nice success in our trading services this week…
Adam wrangled in a 64% winner on a U.S. dollar trade in Cycle 9 Alert, and unleashes a new trade in Max Profit Alert on a favored corner of the market.
John also closed out two trades in Forensic Investor for gains of 23% and 31%.
We're also continuing to offer Rodney's trading service at a discount for the remainder of this year. This is our simplest, most conservative system for you traders who prefer smaller, more consistent gains over a long period of time.
In an overall market that's once again negative for the year, Rodney's system has put readers 18% ahead. And over the past 14 years, this model would've brought average annual gains of 35%. It's a great system and we don't offer another like it. Full disclosure: we will increase its price in 2016. So, if you're interested, now's the best time to take a look at his Triple Play Strategy.
You might also want to watch this video we just released on the shortage of the world's most precious commodity. It isn't gold or oil. It's not even water. And most people don't think of it as a commodity. But it is, and it's vital to our economic well-being. I won't spoil it for you: watch the video here.
Have a great weekend and talk next week,
Chris Cimorelli
Managing Editor, Economy & Markets
economyandmarkets@dentresearch.com
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