It’s funny how things work. Yesterday, FED chairman, Jerome Powell, officially stated that the economy is slowing, just three months after he claimed it was healthy, strong, robust, and any other word that his $2,000/hr statement writer manages to cook-up.
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. This is especially true for cannabis company investors, where people tend to over-concentrate on North America.
I’ve been studying the released interviews of the world’s wealthiest investors for some days now. From top to bottom, billionaires are WORRIED.
The S&P 500 is up four weeks in a row – just like it was at the beginning of 2018.
When interest rates are artificially low, nothing can stand in the way of stocks, it appears.