First ARK, Then Cryptos... What You Need If Stocks Crash Next
By Steve Sjuggerud
"Cryptos today are like a game of pass the potato," Marc Chaikin told me. "The thinking is, 'If I buy this today, will someone else pay a higher price tomorrow?'"
Marc is actually a believer in cryptocurrencies like bitcoin. He just questions the price...
When any asset soars in price, it can reach a point where the idea behind it doesn't matter. And that can lead to big falls like we've seen lately – first in ARK, and in the crypto market recently.
Yesterday, I shared some of what I learned when I spoke to Marc – a 50-year Wall Street veteran – last month. Today, I'll share more of his insights on how to protect yourself from big potential busts...
Kiss The Old Normal Goodbye and Embrace The New Normal -Charles Hugh Smith
Fed’s Projections Are Just a “Thought Bubble”
By Kris Sayce, editor, Casey Daily Dispatch
Let’s see if you’ve been paying attention.
Are you ready for a test?
What are the two things (the only two things) that move markets?
Have you got it?
We wrote about it on June 1.
The answer is below…
If this is your first time reading the Dispatch, welcome. If you’ve tuned in before, welcome back.
We have two main goals here:
To introduce you to the most important investing themes of the day, and
To show you how to profit from them.
Modern Monetary Theory Always Works. Once.
Dear Marin,
Congrats on your book-making #1 on the Wall Street Journal. It’s a fantastic read.
I wanted to share with you my thoughts on MMT, which you nailed in your chapter.
But I feel you “held back” in your analysis.
You did a great job explaining economist jargon into common sense; but I think we are a lot closer to MMT than you state, and the outcome will be much worse than you anticipate.
Maybe it’s because you are rich and happy, you don’t see the world through the lens of the Nature Boy of Finance.
There’s a virus sweeping across the United States…
It’s infecting politicians at the highest levels, completely changing how people think about the new legislation.
The Fed Flunks Monetary Policy - Ep 701
Supply Is "The Biggest Issue Facing This Industry" | Andy Schectman
The Massive Funds That Could Push Gold Higher Have Arrived...
Ep. 1910 The Bullish Case for Bitcoin
Inflation Fears Create Market Uncertainty
By Chaka Ferguson
Inflation fears are weighing on the economy…
And they really came into focus when April’s Consumer Price Index (CPI) report showed prices rose 4.2% year over year… much higher than the projected 3.6%… and the largest increase since 2008.
Generally, inflation acts as a drag on stocks. So while these inflation fears make sense, there is something you can do about them…
The best defense against market uncertainty like inflation is a well-diversified portfolio of assets… because with the right mix of assets, you can weather any storm.
A well-diversified portfolio provides safe income to invest in explosive ideas that that can ultimately lead to financial freedom…
Charting the Markets w/ Jerry Robinson (June 1, 2021)
“Cash Has Been Trash for Years, But Soon it May Be the Only Haven for Investors”: Bill Gross is at it Again
“Inflationary pressures pose increasing price risks to Treasuries & stocks” as the Fed will react.
By Wolf Richter for WOLF STREET.
Bill Gross is at it again, now retired from Janus Henderson Investors which he joined after having left Pimco, which he co-founded. But some of the things he said in his editorial in the Financial Times nailed it, and they’d be funny, if they weren’t so serious.
The long-ago deposed bond king starts out that way: “The only bond kings and queens over the past half-century since credit was unleashed from its gold standard in the early 1970s have been the US Federal Reserve chairs.”
None of the other bond kings and queens over the decades have had the sufficient firepower to really move the markets, he says. “The Fed chair with the ammunition of the global currency has been sitting on the monetary throne for the past 50 years.”
Forget Gold!! Something HISTORIC Is Happening with SILVER | Prepare Yourself - Steve Penny
China’s quest to be the world’s superpower
Why Staying Out of the Market This Summer Is a Bad Idea
By C. Scott Garliss
The S&P 500 Index is about to enter one of its best-performing stretches in any calendar year...
You may find this hard to believe – but it's true.
The problem is, too many investors get caught up in the "sell in May, come back in September" mindset. After all, they hear it time and again from the financial media.
And folks who follow this advice could be missing out on some of the best gains of the year. Here's why...
I spent 22 years working on Wall Street. I dealt with many hedge- and mutual-fund investors... but most of my clients were hedge funds.