I’ve exposed some of the biggest financial myths and manias of the last three
decades. I told my readers “Peak Oil” was a lie all the way back in 2006.
Remember the peak oil hysteria? The idea that oil production rates would only
go down… forever. A couple years later, I warned readers that the U.S. housing
market was on the verge of triggering a stock market crash.



<[link removed]>



Сⅼіϲkhеrе and I'll reveal the shocking details. <[link removed]>



I’ve exposed some of the biggest financial myths and manias of the last three
decades.

I told my readers “Peak Oil” was a lie all the way back in 2006. Remember the
peak oil hysteria? The idea that oil production rates would only go down…
forever. A couple years later, I warned readers that the U.S. housing market
was on the verge of triggering a stock market crash.

In 2010, I described in near-perfect detail many events of the last decade –
riots, lockdowns, rampant inflation, the collapse of civil discourse and
society, and the decline of the dollar – in a 77-minute video presentation
called “End of America”.

Until recently, I thought I’d seen the extent of human stupidity and graft. I
didn’t think it was possible for policymakers and establishment elites to steal
and mismanage more than they already had.

Then I saw this
<[link removed]>
…

This is the tanker Iberica Knutsen arriving in Boston a few years ago:

<[link removed]>
This ship has delivered liquefied natural gas (“LNG”) from Trinidad and
Tobago – 2,272 miles away.

LNG is the main fuel for powering electrical grids and heating homes in the
winter. But the United States has near-endless supplies of natural gas…. a huge
portion of it is in the Marcellus Shale which is just a few hundred miles from
Boston.

So why did Boston pay to ship natural gas from places like Trinidad and
Tobago?

I’ve spent years researching this story. What I’ve uncovered will astound you
<[link removed]>
… but what it all means for the American way of life may terrify you. I reveal
everythinghere
<[link removed]>
in this new exposé. Including how to profit from it before it’s too late.

Good investing,

Porter Stansberry

P.S. In the video, about halfway through, I reveal a way you could potentially
make significant returns on a little-known American energy company that I
believe is set to go up like a rocket as this energy crisis rears its ugly head.

Don’t miss it: CLICK HERE.
<[link removed]>



 



Futures Are Pricing 4.1% Fed Funds by December and 4.5% by September 2027.
The S&P Has Not Priced Either.
Written by Evan Brooks · September 12, 2026







The Rate Path the Futures Market Is Pricing

* Fed funds futures as of market close September 10 are pricing the effective
federal funds rate at approximately4.1% by December 2026 and roughly 4.5% by
September 2027, per StreetStats. Implied rates then ease modestly and hold near
4.4% through 2031 — pointing to expectations that monetary policy will remain
restrictive over the longer term.
* The current effective rate is 3.63%. The path to 4.5% by September 2027
implies three additional 25-basis-point hikes beyond September 16 — in November
or December 2026, March 2027, and June 2027. That is the most aggressive rate
path priced since the 2022–2023 tightening cycle. Goldman Sachs's David Mericle
projects core PCE holding above3% throughout 2026, driven by tariff effects,
oil prices, and AI demand — none of which the Fed can directly suppress.
* The S&P 500 closed September 10 at 7,591.7 — down four consecutive sessions
but not yet pricing a rate path that reaches4.5% by late 2027. At the start of
2026, consensus expected rate cuts. The distance between that expectation and
the current futures curve is the repricing risk that remains embedded in equity
valuations.
The Distance Between Where Equities Are Priced and Where the Rate Path Is
Heading
The S&P 500's earnings yield on a forward basis has been running near 4.5% to
5% depending on the earnings estimate used. A fed funds rate path that reaches
4.5% by September 2027 puts the risk-free rate at or above the equity earnings
yield on a trailing basis, and within the range of the forward earnings yield
on an optimistic estimate. The equity risk premium — the compensation investors
demand for holding stocks over risk-free bonds — compresses toward zero at that
rate level unless earnings grow fast enough to maintain the spread. J.P.
Morgan's observation that the July hold "lowered the bar" for September is
also, implicitly, a statement about what the rate path does to equity risk
premiums: a Fed that was expected to cut and is now hiking embeds a structural
de-rating in forward multiples that has not yet fully appeared in current
prices. The four consecutive S&P down sessions through September 10 are the
beginning of that adjustment, not the completion of it.
The sector most exposed to this repricing is the one that has been the most
insulated from it: technology. Large-cap tech — the cluster of Magnificent
Seven names that has carried the S&P 500's year-to-date returns — has been
treated by the market as duration-insensitive because of the earnings quality
and cash flow generation of the underlying businesses. Oracle's121% OCI revenue
growth and the AI infrastructure demand signal from Dell's$95 billion backlog
have reinforced that treatment. But every DCF model for any business,
regardless of quality, is sensitive to the discount rate at which future cash
flows are valued. A discount rate that moves from3.63% to 4.5% over twelve
months is a meaningful input change even for businesses with durable earnings —
it is just less visible in the near-term price because the earnings growth
offsets the multiple compression. The compression will become visible if
earnings growth slows before the rate path does.





Iran bad → oil spikes → you pay more.

Iran deal → oil drops → you "get relief."

Six months later, rinse and repeat.

Think that's an accident?

The same banks advising the White House are trading oil options while the
diplomats are still shaking hands.

One man who sat in THOSE rooms — who advised Saudi Arabia AND Kuwait — just
went public with the method they use.

Get it before this offer disappears
<[link removed]>


Ad by Omnia Research




What Goldman Sachs's PCE Forecast Means for the Terminal Rate Assumption
Goldman Sachs chief US economist David Mericle has pushed his projection for
the final two rate cuts in this cycle to June and December 2027 — a revision
from the prior forecast of December 2026 and March 2027. Embedded in that
revision is a core PCE forecast that holds above3% throughout 2026, driven by
the combined impact of tariffs, higher oil prices from the Iran war, and AI
demand on construction and energy costs. The practical implication of a core
PCE above3% through the end of 2026 is that the Fed has no data-based
justification for a pause in November, December, or March. Each of those
meetings will arrive with a print that is too high to declare victory and an
energy complex that is providing a persistent second-round inflationary impulse
through supply chain costs. The futures path to4.5% by September 2027 is not an
extreme scenario — it is the arithmetic output of a rate-setting framework
applied to a PCE forecast that Goldman has published in writing.
The Sector Rotation That Is Already Underway — and the One That Hasn't
Started Yet
The sector rotation that is already underway is the one visible in the
September 10 session data: energy leading while rate-sensitive cyclicals and
small-caps underperform. The Russell 2000's consistent underperformance
relative to the S&P through the four-day losing streak is floating-rate debt
sensitivity being priced in real time — that rotation is well advanced. The
rotation that has not yet started is the one from growth to value within
large-cap equities. The J.P. Morgan Wealth Management framing — that the July
hold seeded longer-run inflation expectations into bond markets, forcing
investors to demand more compensation for holding long-duration bonds — applies
equally to long-duration equities like high-multiple technology stocks whose
terminal value is discounted at rates that are now moving structurally higher.
RBC Capital Markets'Lori Calvasina estimated a 5% to 10% pullback risk in the
broad market. That range accommodates a scenario where the September dot plot
is hawkish, the November meeting produces a second hike, and the market is
forced to absorb the realization that the rate path it spent the first half of
2026 expecting — cuts by Q1 2027 — has been replaced by its mirror image. The
four sessions through September 10 priced part of that realization. September
16 prices the rest.

Sources: StreetStats · Goldman Sachs · J.P. Morgan Wealth Management ·
Capital Economics · RBC Capital Markets · Polymarket · CME FedWatch





Сⅼіϲkhеrе and I'll reveal the shocking details. <[link removed]>


<[link removed]>

 

[email protected] <mailto:[email protected]> is on The Raw
Capital list because you opted in before the crowd caught on.

If we go quiet — look in promotions, updates, or wherever your inbox files
things it hasn't figured out yet.

Unsubscribe
<[link removed]>
. We'll part ways cleanly.

If something's off, you can rea <mailto:[email protected]>ch
<mailto:[email protected]>us here <mailto:[email protected]>

254 Chapman Rd Ste 208 Newark, Delaware 19702
<[link removed]>.

Privacy Policy <[link removed]>



 

© 2026 Alpha One Marketers LLC. All rights reserved.