Tens of millions of investors and traders are seeing the exact same events, but they will each put a different spin on them.
The value of our portfolios is about to be massively impacted by a government-induced fiscal upheaval. $17 trillion in global negative-yielding bonds is a historic first, but that’s just a drop in the bucket.
It was only a couple of weeks ago that the technology sector – the same stocks that single-handedly carried the major market indices to all-time highs over and over – took a severe beating as trade tensions reached record panic.
No one saw this coming and I don’t care how many people you employ at your fund that are solely in charge of assessing risks. Last Friday was out of the blue.
The entire world is flocking into U.S. equities, Treasury bonds, and America’s real estate yield. There’s a shortage of USDs and that’s going to continue into September, so unless the FED turns on the printing press, I expect the dollar to become even stronger.
The tide has turned, folks. Large-cap stocks are wobbling and teetering – they’re just all over the map.
NO ONE believes this is a real BREAKOUT. It’s such a classic bull market mentality.
We’ve already seen Bitcoin’s unreal price recovery this year and the unrelenting buzz over Facebook’s Libra Project, but the most unique catalyst could be what’s coming next.
President Trump and the Federal Reserve are playing a crazy game of Good Cop/Bad Cop and everybody just assumes that Fed rate cuts will save the markets.
One month ago, I WROTE that you should not take for granted the gains we’ve seen this year and that it was a time to be taking profits.