the point is some people are just prone to suffer more I mean for people who are economically well off inflation isn't good it's bad there are a lot of really big important things happening right now coming up soon and a little bit further down the road I want to talk to you about a lot of them because some of them are so significant and they're all piling up together so what I did to make it clear for you in this video I divided it into things that are happening right now and the things that are happening


very soon and the things that are happening thereafter on this channel I help you thrive through the economic breakdown and everything I do here is for you guys almost once in a while I do something on this channel for myself something selfish and that is what I'm doing at the end of this video please subscribe to the Peter lead's YouTube channel so you will Thrive throughout the economic breakdown so on the insane Event Horizon what is happening now we talking about a foiled terrorist plot meeting lines on the


technical analysis on Dow Jones do real Russell 2000 in NASDAQ we show you the average monthly performance of the markets and that's before we get into the debate that the entire world is watching and all of the big economic reports that are coming out thereafter some of the things that are happening right now there's a foiled terrorist plot guys sneaking into Canada sneaking into the states expecting to go to Brooklyn and have the second largest terrorist attack on American soil since September 11th but they they arrested


him but we'll get into it a bit later in the video we talk about war and the anniversary of October 7th a lot of we'll get into it then but check out what I figured out this is such a specific and Technical thing that I found that I've never seen before and it could imply a negative move in the markets pretty soon I took a look at what happened Thursday to Friday check out these charts these are all the major indexes Dow Jones indust average you can see how the stock opened here closed


there on Thursday then on Friday it opened here and closed there and it met up exactly so it was declining and then the next day it continued the decline meeting lines can be a very negative technical indicator depending on a few other factors involved with it but here's the Russell 2000 it also showed up the S&P 500 again meeting lines right there what about the NASDAQ surely that's got all different stocks on it it can't trade exactly in the same way apparently it can you can see how the


markets have nothing to do with the underlying stocks involved with them they're all just trading together on psychology I even thought is it just the indexes could it be individual stocks in the first few I looked at they all showed the same thing just for an example here's Newmont mining which I told you guys to get involved with months ago and now they're getting upgrades supercharging their earnings getting over the effect of all the increased costs because of inflation got everything back on track


and price of gold just happens to be the gravy in the whole situation and it ain't stopping anytime soon if you ever wondered what's the difference between a hurricane and a typhoon it just depends where it happens in the world here's a typhoon going on in Vietnam China it's a pretty significant one because the water is so much warmer same thing that happened with Hurricane Katrina Category 5 all of a sudden they just warmed up and took out everybody's houses now in Asia the typhoons are also


becoming a lot stronger it's all the effect of the warmer water because the overall environment has warmed up and by the way September is the worst month for the stock market of all now show you monthly performance by market by year this is from market watch this goes back to 1897 Dow Jones Industrial Average the S&P back to 1928 the NASDAQ to 1971 Russell 2000 back to 1987 you can see that nothing alarming here but what's hidden in these numbers is that there could be a big massive stock market


crash that then gets absorbed because there so many years so over such a long time the averages will always always be diminished it'll be close to 1 or 2% but the point is there will be a large crash in October it could be a large crash in September and then it gets swept up with all the other data so the number doesn't show up there but the worst month for the stock market is September the month we all happen to be in right now and last thing on my Now list is what Janet Yen just said she says the US economy


remains solid on a path to a soft land okay I give her that in a Bizarro World I'll give her that but that goes on on path to a soft Landing with no meaningful layoffs what is it with these people it's almost like they look at us like we are crabs in a bucket and then they want thanks for carrying the bucket around we don't care Yellen was the one who said that there won't be another significant financial issue or incident in our lifetimes I think we've had two since then the Peter lead's newsletter is one


of the most popular financial publications of all time she also was the one that I showed you in a video when she admitted to being wrong about transitory inflation and she just used a bunch of gobleg and buzzwords to Cloud out the situation were you wrong on inflation she says well it was a projection that we misunderstood and we misread the and you could just say you were wrong again so that's all about what's happening right now and of course I know there's a lot more going on really


meaningful stuff that's what's in this video now we're going to talk about what's happening very soon this is some of the most pivotal stuff right now on Tuesday September 10th we have the debate and don't commoditize it don't just treat it like a debate it's like every other debate this is a moment this is a very significant moment you should all be watching this because this could go one of two ways both very different extremes and I'm not saying that the debate


actually will solve or choose or decide anything I'm saying that the eyeballs of the entire world are on this debate there's a lot of ramifications depending which party gets in power for countries like Israel for example Ukraine many others policies against China or tariffs and the list goes on and on this is a light switch on or off or whatever however you want to look at it it's one way or the other there nothing close here and the entire world's watching it because they all have a stake in what's going to happen


here in Europe you guys are watching it I know you've said so Australia watch this debate just this time you don't watch politics anymore it's so boring but this is a really meaningful moment the day after that we get the CPI Consumer Price Index and then the day after that it's initial jobless claims coming out and that's all leading up to the week after that the Federal Reserve have their meeting on the 17th to the 18th of September that's when they're going to announce what's happening with


rates everybody's assuming it's going to be have a point lower just wait to see what happens and what happens thereafter once that's all out of the way a lot of this part is also the most significant stuff the most meaningful in terms of human lives so WB blanket Pete here we go October is also a bad month for stocks and not when I show you the average going back to 1806 or whatever but when I talk about when there's a big outside stock market crash what month did that happen in and we're


running the goet right now September October November but October 7th is the one-year anniversary of the horrendous terrorist attack in Israel and we're already seeing I told you earlier about the foiled terrorist plot there was another one as well they caught that guy in Canada too you know Canada is a spy capital of the world there's a much higher likelihood of Lone Wolf attacks on significant dates you have to be very Vigilant right now on the one-year anniversary and then we got the big one on November 5th


that's the actual election and the next thing I put on my script after that is Wars because I wanted to say we have the election and that might be a Tipping Point where there are a lot of implications depending who wins the presidency for a lot of countries talking about military stuff and many of them may benefit by waiting to see who wins the presidency before they say oh I don't know invade Southern Lebanon see who the new president is before they make a military move it's not nothing


there's a lot of big anniversaries coming up and the election and this could be any of a number of ingredients that mix into the pot for a much bigger conflict but we've been talking about us leading economic indicators a lot lately and I've been showing you that they're all ugly but in case you don't know what leading economic indicators are these are the things that tell you what's going to happen with the economy next and they're free and widely available and publicly


known so anyone can benefit from them and anyone can benefit from knowing where the economy is going to go some of the examples are home builder confidence I'm watching that one pretty strongly consumer confidence I already know where that's going to go initial jobless claims average hours worked I'm going to go back to that because that's a really important one purchasing managers index durable goods orders the yield curve even and I told you about how the yield curve inverts signals of recession is


coming it un inverts recession begins recessions begin when they start lowering interest rates historically this is what's going to happen recessions begin when the economy falters badly all of these things are saying recession and the only on not saying recession are people like Janet Yellen who doesn't even realize that there's any meaningful layoffs that's who's going to tell us how things are going but the average hour has worked that's the number one indicator you want


to be keeping an eye on always watch that because when a business starts faltering it's not actively seen or widely known when the economy is making the businesses struggle along what they do first the businesses they don't want to fire people this is family when you work together every day they cut back their hours that's step one it's also step two step three is hiring for you step for is laying people off the average hours worked are indicating that businesses are starting to decide to get in healthier Financial


shape by lowering the amount of hours that they're paying for their workers to conduct I've been watching these leading indicators and coincident indicators and lagging indicators as long as you've known me I've been watching that the whole time I've been writing articles that have been published decades ago talking about the debt load the debt problem that we're having America being past the point of no return now this is all on everyone's radar they're all noticing what I've was talking about for


decades then it's just a bunch of people talking about it and it looks like I'm one of them as well but I think that there's a value to giving a little bit more clo to the person who's been talking about it the whole time when nobody else was now you guys know that I'm expecting a little bit of stock market strength in the next couple of months month and a half because there's a narrative that is getting people to think that the Market's going to be doing well because they think the


economy is strong they think that there's a hope for us to get out of this Deb bomb because they don't talk about it so they assume it doesn't exist everything you've ever heard me talk about it's happening right now I can't give you more than 20 years notice I told you that I do something for myself in this video listen to this check out this awesome email I got from JN it made my week my month my year I consider you and Robert kosaki the greatest Financial educators of our


time thank you so much I made my day I still do things in my company that I learned through Robert kosaki from three decades ago decisions I make the way I do things is stuff I learned from him three decades ago I love the guy he's a great influence and hey get in touch with me directly me and you you just join Peter Leeds insiders then we've got email contact with each other and you get a special extra exclusive newsletter and you help keep us sponsorship free and AD free please subscribe to the Peter lead's


YouTube channel so you will Thrive throughout the economic breakdown