Weekend Reads: U.S. on the Verge of Recession?

U.S. on the Verge of RecessionIs the U.S. on the verge of a recession? Is Canada’s housing bubble about to burst? Will the stock market crash in 2015?

Good Sunday morning! It has been a hectic few days here at Profit Confidential. Pour yourself a hot cup of coffee and enjoy these top stories from the previous week.

Global Economy: Here Cometh Deflation

“Early this year, I started writing about how falling copper prices were a leading indicator of trouble in the global economy. Since then, we’ve all come to know about the economic slowdown in China. But the further collapse in copper prices over the past three months could be warning of something much bigger than just a slowdown ahead.” Read More


Is Chevron Corporation’s (CVX) Dividend Safe?

Can Chevron Corporation (NYSE:CVX) get past low oil prices and its financial troubles to continue paying its shareholder dividends? Not likely, according to a recent report by Jefferies Group LLC.” Read More

Warning: The Canadian Housing Bubble is About to Burst

According to a report by the Canada Mortgage and Housing Corporation (CMHC), part of Canada’s housing bubble might be about to burst. In a country that has a slowing down economy, a real estate crash could trigger an economic collapse.” Read More

PRIPs: Only Way to Retire a Millionaire Now?

“PRIP payments are delivered directly to your personal account, you can open them on your own without a broker, and, unlike Social Security, your heirs can collect your PRIP payments after you’re gone. These plans have never been advertised and their guaranteed payments have been increasing at a rate of 12% per annum over the past 10 years.” Read More

Gerald Celente Warns of Stock Market Crash This Year

“Instead of focusing on an interest rate hike later this year, investors should be worried about a global economic collapse and stock market crash in 2015. At least, that’s according to renowned trend forecaster Gerald Celente.” Read More

Warren Buffett’s 10 Dividend Stocks to Retire On

“With so much financial media to choose from, it seems like there are a never-ending range of tips, tricks, and easy ways to get rich. But the most honest and proven technique for investing is one I learned from Warren Buffett.” Read More

Stock Market: Hold the Door Open, I Can’t Get Out Fast Enough

“Looking at the stock market numbers today, it is truly getting ugly. The Dow Jones Industrial Average is down 1,050 points from this year’s high—about six percent. There’s now a mass exodus going on with investors fleeing stocks. Unless the Federal Reserve starts QE4, the top for the stock market may be in for years to come.” Read More

U.S. Housing Market: 7.44 Million Reasons to Be Skeptical

“The U.S. housing market never really recovered after the crash. First-time home buyers still haven’t jumped back into the housing market. It was the institutional buyers, bidding on blocks of homes, renovating them, and renting them out that fueled whatever recovery we had in the housing market.” Read More

America’s Oil Pension: Government A.O.P. Retirement Plan

“These “Oil Pension Checks” could pay you up to EIGHT times more than Social Security and have no income or maximum age restrictions. Oil companies do not advertise them; that’s why most investors have never heard of the program.” Read More

Top 3 Dividend Stocks to Consider for Your Retirement Portfolio

“The S&P 500 may be overvalued but these three dividend stocks still have great long-term growth potential.” Read More