Graham Summers

Graham Summers is Chief Market Strategist for Phoenix Capital Research, an independent investment research firm based in the Washington DC-metro area with clients in 56 countries around the world.

Graham’s clients include over 20,000 retail investors as well as strategists at some of the largest financial institutions in the world (Morgan Stanley, Merrill Lynch, Royal Bank of Scotland, UBS, and Raymond James to name a few). His views on business and investing has been featured in RollingStone magazine, The New York Post, CNN Money, Crain’s New York Business, the National Review, Thomson Reuters, the Glenn Beck Show and more.

Articles by Graham Summers

The financial world has missed the biggest story of 2016. That story is the fact that the CURRENCY markets have stopped paying attention to Central Bank policy and are now deciding things for themselves.
The Fed is Officially Screwed. The Fed has maintained rates too low for too long. Historically any time this has happened we’ve had an inflationary disaster soon after. The Fed claims to be data dependent, but if you’re talking about...
For decades, the primary argument by Warren Buffett and other financial elites for not owning gold was that “gold doesn’t pay you anything.” Once the ECB took interest rates to NIRP in 2014, this argument became null and void. In a world...
Time for a reality check. The market has had nothing but positives for three months now. BREXIT was contained. The Fed failed to raise rates again. The Bank of Japan and European Central Bank are printing a combined ~$180 billion per month...
Few analysts noted it, but the $USD actually staged its second strongest day of the year the Friday before last. The only other day in which the $USD rallied more was on the day of BREXIT, a black swan event that featured EXTREME currency...
The Fed is running a virtual repeat of 1937. The common narrative is that the Fed “didn’t do enough” during the Great Depression. This is used to justify the Fed’s use of non-stop extraordinary monetary policy post-2008. But it’s a total...
Friday’s sell-off was the worst day since BREXIT. BREXIT was supposed to be a crisis, but the Central Banks ramped the markets higher to maintain the narrative of their omnipotence. Because no one believed the ramp job, the bulls didn’t...
The ECB has cut interest rates into negative territory four times. It has also spent €1 trillion in QE bringing its balance sheet to a record high. These are truly extraordinary policies. Keynesian shills usually claim that the reason...
Mark Cuban just conceded to me that Central Banks have cornered the bond market. Cuban is a billionaire investor, owner of the Dallas Mavericks - and is reality TV star from Shark Tank. He’s also begun making a series of strange media...
A quick question for the “recovery” enthusiasts… If the recovery is real and as strong as the “data” suggests…why are Central Banks engaged in the most aggressive stimulus in history? Consider Europe. According to the official data, the EU...

Pages

A sheet of gold can be made thin enough to be transparent