These Guys Are Willing to Try Anything By Chris Cimorelli, Managing Editor, Economy & Markets  It's been a busy week! U.S. stocks shot up for the fourth week in a row. China reported the biggest drop in exports in seven years. And the ECB announced it really is willing to do anything to stimulate its economy.
And I mean anything.
On Tuesday, Rodney wrote something in Economy & Markets that at first I thought was a joke. After funneling trillions of dollars into their respective economies, central banks have now tried just about every trick in the book, to no avail. Now, it's come time for them to drop bulks of cash out of a helicopter!
As Rodney told Dent Digest readers on Friday, parts of Canada are considering doing just that (minus the helicopters). Some northern European nations already do it. They've literally started sending checks – free money – to people so they can spend! Crazy. Of course, nothing's ever "free," but that's tomorrow's problem.
Then on Wednesday, Harry wrote a piece on the one organization you might expect to support the central banks' policies, but doesn't. It sounds like a secret club for guys in suits to smoke cigars, but this group actually conducts some great economic analysis. Not only did it warn of economic tremors years before the financial crisis, but it's also been criticizing this economic recovery for most of the decade.
And now, it's warning about a "gathering storm" in the global economy, as central banks seem to be running out of options, merely burdening the world with unprecedented debt. Harry went on to mention just some of the sharp objects that are whirling around in this storm.
In a new interview with Real Vision, Harry says that adding debt to what's already been outstanding is like dropping grains of sand into a pile. Eventually they form a Hershey's Kiss, until it gets so tall that one of those grains of sand falls and dismantles the whole thing. It collapses under its own weight.
You can watch a 10-minute clip from that interview here and even get a free trial to watch the whole thing. In it, Harry discusses: what the heck is going on in China… signs the global bubble is ready to burst… who has the worst demographics in the world… and how much you can expect your real estate to fall, to name a few items.
In our other newsletters, about a week ago Lance exited one of his longer-term trades in Treasury Profits Accelerator for a 56% gain in about three months. Then, he was able to signal a short-term, snap-back trade on Monday after Treasurys oversold on Friday, March 4. He sold on Tuesday, resulting in a 69% profit in just one day! Lance has been on fire lately.
In Max Profit Alert, Adam also sold his call options on Duke Energy Corporation (NYSE: DUK) after riding this market rally for a 43% profit.
As to future trades, Adam says stocks are losing momentum to the upside. It's just really doubtful they can go much higher! So his next trade is likely to be a bearish one. The great thing about these short-term strategies is they can play both the up and down sides for lightning-fast profits!
Next week, we have the Fed's FOMC meeting to look forward to. But don't expect anything to come out of it. The Wall Street Journal even released an article saying that only 3% of economists polled expect a rate hike this month.
I told our editors about this article and one of them about threw a book at me. It's not because the article was wrong. It's just because even when they're right, most economists' opinions are basically worthless. But that's why we're here to fill in the gaps.
Enjoy your weekend,
Chris Cimorelli
Managing Editor, Economy & Markets
economyandmarkets@dentresearch.com
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