The market has been whipsawing investors over the past two months.
And the biggest concern on many folks’ minds is what happens next…
Is the bull market coming to an end? Or can stocks soar higher from here? And what should you do about it… buy, sell, hold, or bury your head in the sand?
Tonight at 8:00 p.m., several American Consequences contributors will be answering exactly these questions.
And in preparation, we’ve got our own answers to some of the questions you’ve sent us in recent weeks…
Did we officially enter a bear market?
No, not quite. The market dropped 19.8% from its September highs to its Christmas Eve low. A bear market needs a 20% drop. But we got near enough that reasonable folks can argue that we did hit a bear market. That’s because the S&P 500’s intraday trading was down 20.1% from its September highs.
Does the term matter?
There’s nothing official about the “bull market” or “bear market” terms… They’re simply labels that Wall Street and the mainstream media generally agree on. But what does matter is whether the market is going to switch from a bull-market mentality with new highs year after year to a bear-market outlook where your savings disappears.
What’s the market done in 2019?
The S&P 500 has surged 8.5% so far this year. That’s a big move, the biggest since 1997. And if you recall, the market continued that 1997 rally – climbing a total of 31% that year… 27% in 1998… and another 20% in 1999. If you had a $100,000 portfolio at the end of 1996, it would have nearly doubled over the next three years.
That’s the “Melt Up” type of situation that Dr. Steve Sjuggerud has talked about in the pages of American Consequences… a truly life-changing way to upgrade your retirement. And tonight, he’ll be sharing why he thinks the current Melt Up is just getting started. (You can reserve your seat here.)
What will the market do next?
If I knew that, I’d have more money than I do now. But tonight, several well-known market experts are going to be discussing exactly what they think happens next… and how to protect your portfolio no matter what happens to stocks.
In addition to Dr. Sjuggerud, tonight you’ll also hear from former hedge-fund manager and author Whitney Tilson.
You’ve likely seen him on CNBC, Bloomberg, and Fox Business Network, and he’s the co-founder of the Value Investing Conference — the annual event where some of the biggest investment ideas of the year are shared.
Steve is more bullish… Whitney is more bearish…
But sitting between them is someone who thinks he can help protect your portfolio no matter which of these bulls and bears is right.
How can you prepare your portfolio?
U.C. Berkley mathematician Dr. Richard Smith has designed a unique method of tracking your portfolio that shows you the exact day to sell any stock you might own. It’s possible you’ve read Dr. Smith’s work on Fox, CBS, and NBC. Or maybe you’ve heard him speak at major investment conferences around the world.
For more than a decade, he’s helped more than 50,000 investors sleep better at night by helping them determine the perfect time to sell their stocks – to help lock in maximum profits.
If you’re interested in hearing the investing story nobody else is telling…. and learning how to make an informed decision on what you should be doing in your portfolio right now, click here to reserve your seat for the Bull vs. Bear Summit tonight at 8:00 p.m. Eastern time.
Now here’s some of the news we’re reading…
Nobody can agree on what’s going to happen with the stock market this year…
“The old Street saying is ‘as goes January, so goes the year,’ which is correct 71.9% of the time (since 1928).”
“Our earnings recession call is playing out even faster than we expected.”
What could possibly go wrong with spending trillions a year “on credit”?
Ocasio-Cortez’s Green New Deal appears to take every big spending idea that has emerged on the political left in recent years and combine them into one large package deal, with little notion of how to pay for them all.
Even former president Obama’s administration officials are sounding an alarm…
Vast increases in debt will ultimately compromise Washington’s ability to maintain its current array of spending programs, let alone add new ones, and threaten our standard of living.
And on a more personal note, please be careful before co-signing on debt for your children and grandchildren. The consequences could last a lifetime.
On average, student loan borrowers in their 60s owed $33,800 in 2017… Some are having funds garnished from their Social Security checks… [It’s] one of the biggest contributors to the overall increasing debt burden held by seniors.
The upside in marijuana investing is more than just “pot” thanks to the Farm Bill…
After years of hemming and hawing over the prospect of expanding hemp production to Indiana — and years of not doing anything about it — politicians, farmers and experts all expect 2019 to be the year that marijuana’s non-psychedelic cousin finally gets the green light.
Find it impossible to fill in those “Are you a robot?” questions? It’s not just you…
Figuring out how to fix those blurry image quizzes quickly takes you into philosophical territory: what is the universal human quality that can be demonstrated to a machine, but that no machine can mimic? What is it to be human?
What if “everyone” is wrong about population growth?
After painstakingly breaking down the numbers for themselves, [two researchers] arrived at a drastic prediction for the future of the human species. “In roughly three decades, the global population will begin to decline,” they write. “Once that decline begins, it will never end.”
And let us know what you’re reading at [email protected].
Publisher, American Consequences
With P.J. O’Rourke and the Editorial Staff
February 13, 2019