Editor in chief P.J. O’Rourke and I met up in Las Vegas earlier this week…
We’re here attending an investment conference. We’ve talked to many of our feature contributors and heard from some of the greatest names in the business…
Everything we’re hearing makes us think that the stock market boom – what we’ve called the “Melt Up” – is right here, right now.
For example, media mogul and former presidential candidate Steve Forbes made it clear that now is a time of incredible opportunity in America…
The fact of the matter is, the U.S. economy is now very good. Starting with deregulation – As you know, regulation is a form of taxation, and it costs this economy $2 trillion a year. And for the first time, even though presidents have always talked about concerted action against regulations, it’s the first time in decades that actually something is being done…. Deregulation is working… Progress is being made.
And if we can figure out China and EU trade issues– like we seem to have done with the U.S.-Canada-Mexico agreement – Forbes thinks that the market could go up another 4,000-5,000 points..
Fox Business Network anchor Trish Regan noted that for eight years under former President Barack Obama, CEOs told her that they were afraid to invest.
Today, under President Donald Trump, they’re feeling better… The regulations that had them frozen aren’t as much of a worry. As she put it: “There’s an optimism that’s contagious.”
Legendary trader and writer Dennis Gartman’s key takeaway was that if you could only do one trade, buy American stocks and sell the rest of the world. Yes, stocks are expensive. But as he said, “Do more of what’s working, and less of what’s not.”
The “Melt Up” is a term coined by financial analyst and American Consequences feature contributor Steve Sjuggerud to describe the blow-off top that typically occurs in the final stages of a bull market. It’s an explosive move higher that can send stocks higher than anyone believes possible.
But if you’re afraid today and you’re close to retirement age, this Melt Up could be your last chance to make life-changing gains.
Steve is going to be staging a massive online event on October 24th to show you how to cash in on this opportunity… which, frankly, you may never see again in your lifetime.
He’s even going to share a secret that could potentially help you make several years’ worth of profits with a single investment.
You may have read about this event in the Washington Times, USA Today, and Investor’s Business Weekly. There’s no cost to attend – but only with a reservation. (You can reserve your seat with one click right here.)
Tens of thousands of investors are expected to tune in. And some of the biggest names in finance will be joining Steve as well.
No matter your opinion of stocks today – bullish or bearish – I guarantee you’ll learn something. Steve predicted DOW 20,000, the dot-com crash, and the housing bubble. His timing on both booms and crashes has been incredible.
And while he believes stocks will soar far more than anyone expects in the near-term, he knows that the Melt Up won’t continue forever. That’s why on October 24th, he’s also sharing exactly when the bull market will end.
Tune in to this live video broadcast from any computer, tablet, or smartphone at 8:00 p.m. Eastern time on Wednesday, October 24. To claim your seat, click here.
Now here’s the news we’re reading…
More good news for the Melt Up…
“Going back to 1950, October is the strongest month again looking at midterm years. Since 1982, October in midterm years has only been down once, so October is really strong seasonally.”
It’s the fastest pace for IPOs since 2014… and nobody cares if they make money or not…
More than 80% of U.S.-listed initial public offerings in this year’s first three quarters involve companies that lost money in the 12 months leading up to their debut… the highest proportion on record.
A decade has passed since Lehman Brothers collapsed and the U.S. financial crisis began. What’s changed? Not as much as you think…
Houses in North Las Vegas “are going like hotcakes… They are going in just three days, even one day on the market. And they’re going for the asking price or above.”
Bonuses returned to Wall Street by the end of 2009, and the financial power players returned to the Four Seasons. “It’s about money. It’s about power… It hasn’t changed. In fact, it’s getting much worse.”
We’ve warned you about GE. And although the stock climbed after the company booted its CEO, its problems are much deeper than simply management…
The iconic American corporation is now worth just under $100 billion, its stock at around $11 at Friday’s close, and investors are signaling they don’t expect things to get better…
Endurance is necessary for runners… And as you read this, you might find a few lessons for investors, too.
No out-of-shape runner can crush a four-minute mile with motivation alone. But research shows that having an unshakable confidence in one’s ability and commitment reliably compels athletes to find that extra gear.
And don’t miss this Wall Street Journal article from P.J. He added a book to my personal reading list…
The author, most recently, of the humor collection “None of My Business” selects novels that skewer the hypocrisies of public life.
Of course, if you haven’t gotten your copy of P.J.’s latest book, None of My Business, buy it right here.
With P.J. O’Rourke and the American Consequences Editorial Staff
October 3, 2018