Yikes! Major Bank WARNING **JUST** Out

Bank of America just posted some pretty

damning images that in my opinion are

evidence that we are walking into a

poopy dupy time I'm going to show you

two things that they just said that I

think are critical and they're important

to know for your investing Outlook now

keep in mind I'm going to give you an

update as to where I sit on the bull

bear scale don't worry I want to be a

bull I want you to make money your

parents to make money your uncle to make

money I want everybody to make money

because it's easier to run startups in a

bullish economy everyone's happy that

way people aren't going around leaving

nasty comments all the time because

everybody's happy when everything's

going up and so I want everybody to be

happy but because I know not everyone's

going to be happy if we do go into a

recession I want to point out These

Warnings because what Bank of America

just said is a little scary quick note

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said let's go ahead and jump into a few

issues that we're getting leading into a

potential recessionary environment the

first is right here this is a chart of

the personal savings rate and what I did

is I drew a line when we were under 5%

on the personal savings rate and what I

found is that we were under 5% right

before the bubble for 23 months so in

other words we broke under it and we

stayed under it until we went through a

recession and that's when we finally

broke out above it again and then of

course when we fell below 5% again we

were under that level until we had a

recession again we were under that level

for 23 months from April 99 to March of

01 and we were under that level for 35

months from jan05 to December 07 well

folks we have been under that level now

for

32 months in other words according to

this alignment here we would potentially

be overdue for recession within the next

3 months now maybe this time will be

different maybe people have saved up a

lot more money than previously but this

is something to pay attention to ESP

especially since we expect that the

unemployment levels not only will

continue to prove that they have peaked

but are already indicating that they've

peaked first you could see nonfarm

payrolls hiring levels have clearly

peaked out they've been peaked out since

2022 but take a look at this from Bank

of America Bank of America here shows us

the following government and private and

Health Care sectors on year-over-year

growth have peaked now why is that a

problem because those sectors peaking

usually Peak last I marked with a green

arrow every time those sectors peaked

and what you'll notice is they always

Peak out right before a recession this

one was actually right here a little

awkward kind of right there at at the

end of a recession there was also a peak

right there before so you had this sort

of like double environment but what

always came before that was a peak in

the private sector growth so when you

align those two you align a red arrow

and theoretically a green arrow right

there red arrow green arrow Red Arrow

Green Arrow when you align those two

peing you almost always followed it up

with a recession uh in fact the only

time I didn't see that happen so clearly

was over here in 71 but that's just

because the peak over here in government

hires was way lower it was all the way

down there otherwise you always fall

into a recession after that again maybe

this time's different but what's over

here peak in regular private payrolls

peak in government payrolls not a good

chart that doesn't give me the happy

feelings that markets can continue to

Skyrocket again I want that to happen

but I am a little bearish right now

because I just can't convince myself

it's going to happen that's why I sit at

a 3.3 out of 10 on the bare bull scale

we don't even have to talk inversion or

all of the other problems warnings that

we're getting let's just focus on what

we have here and a second chart from

Bank of America right here Tech Telecom

and Healthcare versus financials energy

and material basically what bubble did

you have before the recession well in

the dot recession or bubble you had a

tech Telecom and healthc Care bubble and

it peaked at 44% of total Global

equities in 2008 you had a peak

recession or right before recession you

had financials energies and energy

stocks and material stocks Peak at you

guessed it 44% of global equities and

where do we sit today for now going back

to 01 but of course this time is

different Tech Telecom and Healthcare oh

also at a

44% Peak now what was the other one when

the other was peing well when uh Tech

was peing Financial were at 24% when

financials were peing at

44% Tech was at

24% and today as we're peing at

44% the opposite one financials 25 look

at

that you can't make it up those are some

of the scariest charts I've seen in

quite a while and they're from Bank of

America now add to this that people keep

caring about the freaking labor data and

it's keeping treasury yields High which

is pissing me off because the treasure

yield should be going down I'm betting

that they're going down so In fairness I

don't like that still up but it's still

like treasure yield should be going down

I mean I'm not going to change it with

this video I'm just informing why I I'm

making those bets right people think

that like oh you make a bet and then you

try to talk it into existence no like I

make a bet because I see things

happening and then I explain why I made

the BET right uh but anyway take a look

at this you know people keep wanting

unemployment claims or labor data or

whatever ever the the slope of

unemployment does not go up until at

least onethird of the way through

recession people need to know it's so

lagging it's the most lagging thing you

could take a look at and people want

deflation yet I think they totally

forget that when you're begging for

deflation you remember that it's great

for consumers because prices go down but

it's terrible for companies customers

delay purchases because prices are

falling feedback loop spirals into a

deflationary spiral and then all of a

sudden you have to lay off even more of

your uh of your staff remember like I'll

give you an example here let's say you

sell 100 lemonades this year and 110

lemonades next year you're like oh sweet

that's 10% growth but what if you had to

sell them at 85 cents a cup versus 100

or you know a dollar per cup well your

old Revenue would have been 100 your

current Year's Revenue at selling more

product at a lower price would be 9350

so in other words EPS decline Revenue

decline now you have Topline negative

growth bottom line negative growth and

it's a problem so you try to prop up the

bottom line by firing people Goldman

Sachs just announced 3 to 4% of its

Workforce is getting fired it's a tough

Biz it's tough right now for white CER

out there it's really tough and so

companies are usually quick to adapt but

they're usually too slow to fire so once

you're in recession I mean you could

adapt quickly by like you know not

hiring as much but once you're in

recession that's when people fire

because they have to they get panicked

because they don't want to go bankrupt

anyway so with all of that said I

encourage you to go over to stock

hack.com

stack.com licensed Financial advice

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thank you so much for watching and folks

good luck out there adver these things

that you told us here I feel like nobody

else knows about this we'll we'll try a

little advertising and see how it goes

congratulations man you have done so

much people love you people look up to

you Kevin P there financial analyst and

YouTuber meet Kevin always great to get

your

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