Bank of New York Mellon Corp


Our Top Stock to Buy in Warren Buffett's Favorite Industry

Although the yield curve remains stubbornly flat despite the economy's emergence from post-financial crisis malaise, bank stocks are on the verge of an upside breakout.

But don't take our word for it – the Oracle of Omaha himself is putting his money where his mouth is.

That's why we're following his lead and digging into the banking sector to find Buffett-like profits...

The Fed

Recession Will Start by Feb. 3, 2020, Courtesy of the Fed

Jerome Powell and the central bank will send the U.S. economy hurtling into contraction mode no later than the winter after next.

How can I be so sure of my claim? Well, one very reliable indicator is flashing red.

In fact, it's so dependable that since 1980, it has predicted the advent of every recession, right around a year to 18 months ahead of time.

And right now, it's approaching the critical level.

See, the Fed's raising of short-term rates is causing the yield curve to flatten. From there, it's a short trip to outright inversion. Once it inverts, two-year Treasuries will yield more than 10-year Treasuries.

Once that happens, a major peak in stocks – then a recession – is all but totally certain within the next year and a half.

When that happens, the world's going to run for this uncommonly cheap insurance I know about - but you'll already be set up...


Just One Thing Stands Between Bitcoin and a Pool of $41.4 Trillion

For years, followers of cryptocurrency have awaited one major development that would boost prices to the heights they've long dreamed of – large institutional investors like pension funds investing in Bitcoin.

Together, the world's top 22 pension markets are worth a hefty $41.4 trillion. With all cryptocurrencies combined worth just over $300 billion, it's not hard to see how a small portion of that could move cryptocurrency prices substantially higher.

Despite this, pension funds have yet to climb aboard the crypto train.

This is the obstacle holding them back - and it won't be long before it's removed...