I wrote something that I really want to share with you today because it's about the stock market the economy recession so many other aspects of everything that are happening right now so I'm going to tell you I'll pull out certain parts of what I wrote Because this is a Peter Leeds Insider exclusive just for Peter Leeds insiders but I still think that you're going to really benefit from hearing some of the comments I made in this article and I always ask you guys early on please click like so that we


can help more people like us to help more people like us we have to get the message up because a lot lot of people are looking the wrong way they're not expecting or not understanding what's going on right now this is the big economic pivot and we'll get into that when I tell you some of the highlights from the excer exclusive and of course we're going to start with the big one the stock markets overall they've been a little bit weaker than you're used to I'm sure every significant stock market


crash starts with several days or weeks of ugly action just like now perhaps Market manipulation will Resurrect The indices but ideally and notice I say ideally further downside will help these overvalued markets to do leverage and return to health and I want to talk about magnificent 7 which is Amazon alphabet Apple Nvidia Microsoft Tesla and meta platforms and I've been talking to you guys for quite a long time months now telling you get out of the Magnificent 7 stocks get out of a lot of


the High Flyers the really speculative risk on assets even cryptocurrencies which are a massive risk on asset but what I said exactly is that if you own any of those then you haven't been listening to me while I still expect further declines Tesla is the one that may continue to fall the hardest a global social Uprising against Tesla is unprecedented and may prove fully destructive with no path to recovery for the company and I go on then to talk about real estate which is one of the aspects of the economy that's going to


have the biggest change in a short amount of time and I talk about how when we get into the recession that's going to take care of the two problems the lack of availability and the lack of affordability both of those are completely cured as soon as the recession rolls into town which is perhaps right now maybe 3 months from now it doesn't matter we are recessing the economy is turning the corner we're a massive economic pivot this what I've been talking about in the pivot video that's what I'm talking about now


everything all the rules for everything you've see in the stock market for years now as a bubble inflated will be quite opposite to what you're used to that's why everyone's freaking out that some stocks have come down that they can't believe they came down they're talking about how high it's going to go and it's going the other way and now they're freaking it not understanding it everything is clear you can see it years ahead of time and watch it the whole way which is what you and I


have been doing but speaking of which I was going to put out gold 3000 my new video which is why you want to subscribe and click the alert Bell CU you want to get this right when it comes out and I know that gold prices are not at 3,000 yet but the point of the video is that I show you meticulously surgically why gold prices will blow through 3,000 I tell you even how fast it's going to go from 3 to 4,000 but that's in the next video so make sure you subscribe so you can get it and instead we're going to talk about


some more important pressing things right now the approaching recession which we would have had entered with or without the bumbling roll out of tariffs will show up stronger and sooner because of the uncertainty problems of availability and affordability will both be fixed during the upcoming period of negative growth and Rising unemployment and stick with me here cuz I want to get to the part about the unemployment that's the most important part and this is why I'm telling you certain sections of this Peter leads


inside are exclusive as the recession begins unemployment will rise into double digigit territory businesses will suffer with many falling into bankruptcy as we're seeing now in a lot of the charts I can show you on screen right now a chart of corporate bankruptcies and you can see they Trend how they're Rising already this doesn't get get better it gets worse first numerous American banks will find themselves overextended with half empty Office Buildings and their mortgage portfolios the risk on trade Bitcoin


magnificent 7 stocks will continue to unwind taking those assets down with them I going on to talk about how oil prices are going to continually drop and pretty quickly OPEC plus is expanding their output the recession and the economic uncertainty economic weakness globally is all factoring into less demands on energy usage in times of economic weakness the demands on energy decline just like the demands on copper American policy confusion reduces demand the bigger picture involves Global weakness which is pretty significant


overall short of military flareups there are few forces which may increase the prices of crude oil then I go on to talk about how everything I'm talking about in the economic pivot video applies and it's happening right now so make sure to see that so you can understand the philosophy here of how everything is going from this way to that way all at once and everyone's reacting surprised even though we've been talking about this happening coming up for such a long time now you guys knew what was going to


happen you guys are prepared you guys are in the right types of Investments a lot of people are still hanging out to magnificent 7 they're not even looking at what they own they don't realize that and like I told you recently the big 1929 stock market crash was several months in before they realized they were in a crash that's exactly the same what it's going to be like right now if this is the moment where the markets are going to start coming down and going back to realistic levels we'll be in that for months


before we realize that we're in it you need to be acting preparing right now and I'm not giving you personalized trading advice I do not do that the great economic pivot I explained in this video is literally happening right now it has begun and with will clearly emerge as we enter the recession I've been speaking about for quite some time everything is playing out exactly as it has so many other times and bear with me I'm going to talk about the massive negative economic news we' been getting


but I'm leading up to why I'm telling you double digit unemployment is going to be getting here at Breakneck speed here's a chart of monthly job creation in the United States while we're still creating jobs the entire picture is feeling pretty tired job growth was weaker than expected in February As Trump Administration began to slash the federal Workforce and the unemployment rate came out at 4.1% and my premise and what you're going to know now too is that we're going double digits unemployment pretty


quickly and I'll tell you meticulously specifically surgically some of the reasons that are going to be driving that unemployment levels will increase every single read every single month until they get to 10.1% and Beyond and here's all the reasons layoffs from the Doge committee a lot of those happened very recently and they are not yet factored into the unemployment rate plus we have this looming recession where as I tell you it doesn't matter when it starts it's approaching and as it


approaches then the unemployment rate continues to expand plus there's been a lot of firings in the retail sector that have not yet been factored in meanwhile hiring is completely shut down now not just in America but a lot of places worldwide if this tariff war is happening and it's confusing and uncertainty which is the worst thing for stocks all this uncertainty no one know what's going on no business person is making any kind of commitment you're not hiring somebody it's a lot when you hire


somebody you're making a commitment to them and you're also making a commitment that your company has enough money to pay them no company very few companies are thinking right now about okay we got to hire people they're all just putting their heads down going okay how are we going to adapt to this commotion that's going on so with no higher you're going to see all the other unemployed people factoring into the numbers meanwhile it's not being replaced at the regular rate and then I talk about the excessive


counter tariffs from Mexico European Union maybe even Russia a little bit now China Canada there's a lot of actions being taken against America specific surgical actions we going to hurt that state that voted for Trump will not buy their milk or whatever the point is it's all moving around and there's a lot of negatives that are going to happen to the American economy at the same time once in a lifetime thing is happening right now artificial intelligence the efficiencies that it brings to Bear


makes it very easy for a lot of companies not most well maybe most but not all to not hire people that can be replaced by artificial intelligence it's pretty widespread right now but it's only getting more and more widespread artificial intelligence is still evolving rapidly it's already making it possible for businesses to completely cut out human workforces when you put all these factors together you can assume that we're going to be going at a Breakneck speed right into double


digigit unemployment which feeds on itself unemployment feeds unemployment which feeds unemployment and what you don't want from a domestic scenario is a large number of certain groups of people that are unemployed young men when there's a high unemployment rate in that group then you always see increases in crime violence all sorts of social deterioration and I go on to say that if you have a job do what you can to make sure that you keep it because sadly before things get better they are going


to get a lot worse and relatively soon so when do we get to double digit unemployment I'm not calling a date I'm just telling you every single read from here going forward till we get to double digigit unemployment 10.1% or higher until that point every single read will be higher than the one before it and even Scott bessent the treasury secretary for the Trump Administration agrees with us he's acknowledged sometimes that the economy is weak despite the fact that you were told the exact opposite for so many years the


whole time I was sharing saying the economy is weak the economy is weak and people didn't think it was because people on TV are telling you that it isn't weak even though they have a vested interest we've become addicted to this government spending Scott Besson says it's a detox period I say it's a complete deleveraging unwinding and I think that's going to be so much more ugly than as characterized by this soft language of oh it's getting rolling over a bit and there's going to be a little


bit of detox the reality is people are going to be starving going broke committing suicide breaking into their neighbors houses there's not a lot of good coming out of this and the soft language does a disservice to the people who are trying to take in the information to try to get an idea of what is actually going on if you want an idea of what's really going on you're going to want to be doing things like getting your own copy of the Peter Leeds and cider exclusive which you can get if


you're Peter Leeds Insider or subscribing to this channel following along and listening to what we're saying our message has not changed I've been doing this for almost 30 years now exactly this 30 years and the message has never changed I'm just telling you the reality of the economy at any point in time and right now the reality of that economy says that you need to bolster yourself help the people you care about land on your feet and you can do that by being more in touch with me and keeping an eye


on the information that I'm telling you