Energy & Resources Digest Sunday, May 1, 2016 Return of the "Misery Index"? David Fessler, Energy and Infrastructure Strategist, The Oxford Club   Some of us may recall "the Misery Index" from the mid-1970s...   It's a term used to describe the combination of the inflation rate and the unemployment rate.   If you lived through that period, I doubt you could forget it...   Just take a look at this chart of what happened after Nixon weakened the dollar in 1972.   With inflation going through the roof, by 1974, Gerald Ford took office with an index of almost 18%.   Yet with an ever-weakening dollar, the worst was yet to come.   After taking office in 1976, Jimmy Carter saw "the Misery Index" skyrocket to over 20%.   By 1980, the joke was that if you saw a dollar lying on the ground, you might pick it up... just to see if there was anything of value underneath.   But what does this mean for you today?   America went through eight miserable years of economic hardship the last time inflation went through the roof.   And as strong as the dollar may be right now, my colleague Sean Brodrick has a very uneasy feeling about certain global events heating up right now.   Sean is The Oxford Club's Resource Strategist, and he's one of the smartest guys I know. When he talks, I have found it pays to listen closely.   He's prepared a report with a warning we all should heed...   Just when we may think we need it the least.   Here's how you can access Sean's exclusive report.   Sincerely,    Dave   P.S. If you hold stocks, bonds or even Treasurys now... you're going to want to prepare yourself for what could come from this situation.   For the full details, just click here. You are receiving this email because you subscribed to Energy & Resources Digest. To unsubscribe from Energy & Resources Digest or to manage your account, click here. To cancel by mail or for any other subscription issues, write us at: Energy & Resources Digest Attn: Member Services 105 West Monument Street Baltimore, MD 21201 Keep the emails you value from falling into your spam folder. Whitelist Energy & Resources Digest. Question? Comment? Need help? Contact us here. Website: www.energyandresourcesdigest.com North America: 800 683 0709 International: +1 443 353 4747 © 2016 The Oxford Club, LLC All Rights Reserved The Oxford Club | 105 West Monument Street | Baltimore, MD 21201 North America: 1 866 237 0436; Fax: 1 410 329 1923 International: +1 443 353 4540; Fax: +1 410 329 1923 Question? Comment? Need help? Contact us here. Privacy Policy | Whitelist The Oxford Club The Oxford Club is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. Members should be aware that although our track record is highly rated by an independent analysis and has been legally reviewed, investment markets have inherent risks and there can be no guarantee of future profits. The stated returns may also include option trades. We expressly forbid our writers from having a financial interest in their own securities recommendations to readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of printed-only publications prior to following an initial recommendation. Any investments recommended by The Oxford Club should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of The Oxford Club, 105 W. Monument Street, Baltimore MD 21201.