What’s next for the market?
Last year was the worst year for the market in a decade…
The S&P 500 Index dropped 6% and the year finished with the worst December on record since the Great Depression… nearly 90 years ago.
January has seen the best start to the year for the market in more than three decades.
If there is a single consistent e-mail message that we’ve been getting in the American Consequences inbox, it’s one of uncertainty.
Everyone wants to know:
- Where is the market going to go next in 2019?
- When will the next big move happen?
- And how can you keep your nest egg safe but still profit from a potential “Melt Up” upside?
Many investors are afraid of making a significant blunder with their portfolio… whether a mistake that costs them thousands of dollars in losses or in missed profit opportunities.
And it’s likely that many investors will make huge, expensive mistakes this year simply because of the level of fear in the market right now.
But you don’t have to be one of them.
Next month, several American Consequences contributors – including financial legends that you will recognize from CNBC, Barron’s, and even the Wall Street Journal – are appearing together in a one-of-a-kind free online event.
You’ll recognize many of these names… like former hedge-fund managers Whitney Tilson and Dr. Steve Sjuggerud, as well as Dr. Richard Smith, who cautioned in our November issue about a potential bear market… right before the market dropped nearly 20%.
At this event, some of the most famous bears and bulls in the world today are coming together to reveal what you should do with your money…
We expect it will be an intense, eye-opening discussion about the market and what’s likely to happen next. They’ll even detail a little-known method you can use to determine the exact day to sell every stock you own – no matter if the market rallies, crashes, or goes sideways in 2019.
In fact, they’ve put together a special report featuring 100 of the most popular stocks — some of which you likely own. The report is titled: How to Know the Exact Day to Sell Any Stock You Own.
If you’re an investor with any money in the market today, you should attend this event. You can reserve your seat by clicking here.
Now here’s some of the latest news we’re reading…
Is Wall Street breaking out the champagne?
Stocks around the world are rallying at the fastest pace in months, the latest sign that the fears investors grappled with late last year have largely subsided. But worries remain that markets still aren’t on solid ground.
Even when the government “shuts down,” it still spends billions…
Regardless of your position on the shutdown, we should recognize the deceit involved in calling this a shutdown. Spending $12 billion per day is not a shutdown. Spending 7% less than you spent last year is not a shutdown.
What could possibly go wrong with this level of debt?
A heightened supply of Treasury securities is darkening a fiscal outlook already made worrisome by rising entitlement-program expenses and higher costs to service America’s debt.
If I were buying a doomsday bunker in the desert, I wouldn’t want pictures of it online. (Though it’s better than the converted missile silo for rent.)
You can get an 8,000-square-foot castle for the same price as one-bedroom condo in San Francisco.
Almost everyone hates the idea of Howard Shultz running for president as an independent… No surprise, since he’s asking a dangerous question: How will we pay for all these “free money” promises?
“When I hear people espousing free government-paid college, free government-paid health care and a free government job for everyone — on top of a $21 trillion debt — the question is, how are we paying for all this and not bankrupting the country?”
Ribeye steak, medium rare, with a side of strip steak… and hold the veggies.
Not being a seasoned carnivore, I simply loaded up my cart with what I thought would sustain me for a month. With $170 worth of meat in hand, I kicked off my 30-day journey with a steak and eggs breakfast.
And let us know what you’re reading at [email protected].
Publisher, American Consequences
With P.J. O’Rourke and the Editorial Staff
January 30, 2019