I want you to know exactly where I stand on things right now. It’s ESSENTIAL that we all remain FLEXIBLE and resilient as the chameleon is – changing our COLORS, but not our CORE PRINCIPLES – when it comes to investments and preservation of capital. We can’t get attached to our investments, but rather we must make TOUGH DECISIONS and gutsy calls, when the times demand them.
After pumping over $10T dollars in credit into the global economy, central banks have been pulling the rug from under leveraged nations, corporations, and individuals for three years.
It’s one of the cruelest features of bear markets: as soon as you think you found the bottom, the markets have a way of shaking the tree one last time.
We will cover the results of the midterm elections and their impact on stocks, bonds, and commodities this coming Thursday, but one, critical and very determining new trend is already in place, no matter who takes control of the house
Today, we’re publishing part 3, the final section of this complete playbook for sophisticated investing in bear market conditions.