Let’s cut through the BS here.
You cannot predict the future. No one can. Not me. Not Warren Buffett. No one.
We cannot predict if omicron will prove to be a devastating mutation of the virus. Similarly, we cannot predict if world leaders will shut-down the economy again, regardless of the “science” behind that policy.
We also cannot predict if this hiccup will force the Fed to abandon its tightening policy. Nor can we predict what the impact will be on growth. Even if there are NOT shutdowns, we have no idea how another mutation will impact human behavior as far as spending, demand, and the like.
So what can we do?
Focus on price and let the market show us.
Yesterday’s price action was awful. You’d think after a dump like Friday’s we’d get a major bounce. NOPE. Stocks didn’t even “close the gap” created by that drop.
Moreover, high yield credit, which leads stocks, hasn’t recovered much if at all. If anything, it’s telling us that stocks are due for another bloodbath shortly.
As I said yesterday, I didn’t trust yesterday’s bounce…at all. Another puke is coming. And this time around, smart investors will be using it to get rich, instead of getting taken to the cleaners.
For those looking to prepare and profit from this mess, our Stock Market Crash Survival Guidecan show you how.
Within its 21 pages we outline which investments will perform best during a market meltdown as well as how to take out “Crash insurance” on your portfolio (these instruments returned TRIPLE digit gains during 2008).
To pick up your copy of this report, FREE, swing by:
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Best Regards,
