It’s unfortunate, but true: most investors only take a stake in their home country’s economy, which is a grave error because a truly diversified portfolio is international in scope.
MARKET CYCLES, STOCKS, GOLD AND SILVER: Charles Nenner’s Bold Calls for the Dow and Precious Metals!
Despite the stock market’s recent volatility, the relentless bull market in stocks over the past decade has made the vast majority of analysts afraid to call an end to the euphoria phase. There’s one analyst, however, whose daring and spot-on market calls make him the exception to the rule.
On Wednesday and on Thursday, we saw record up-days with the major indices. It’s not a surprise, given how oversold they were, on a short-term basis, but looking at 2019, we know that central banks want to keep tightening rates and shrinking their balance sheets.
The markets are so close to falling below support that the possibility of another excruciating 10% correction must be considered and braced for.
The stage is truly set. We see all the right milestones met and all the necessary preliminary signals getting checked-off.