It won’t be long before the vast majority in the financial service industry (I coined them “Don’t Worry, Be Happy” crowd) will be answering their clientele like this -watch here
Trying to keep my word to discuss financial markets more without falling into the trap of my
yesteryear lifestyle, let me just note:
- The stock market bounce I spoke of last week into early this week, seems to have run its course. I was close to putting my remaining 50% short capital to work this morning, but held off. Here’s to half a loaf of bread being enough.
Where have all the gold bears who have predicted its demise for some time now, gone? Let’s not pop the champagne yet, but a weekly close above $1,265 can at least allow us to take out the champagne glasses. We really shouldn’t think of opening the bottle until such time we’re above $1,400 – a feat that may take to 2018 before being accomplished. But make no mistake about it, my choice to being in gold versus financial general equities, looks better all the time.
- One of the very few “realistic” financial journalists, John Crudele, was his usual “spot-on” self.
- Dancing Bears.
- Stocks most overvalued since 2000
- The broken bond market
- Amazon will kill more job than China did.
- How Washington is chipping away at your retirement security.
And finally, it’s important we think about our finances, but what really only matters has been best describe by Francis Chan. 8 or 9 out of 10, don’t want to hear this and quite frankly, most who do, wish I didn’t bring it up (or worse, wish not to hear from me again). But that’s okay as it’s the 1 or 2 out of 10 who will appreciate it and whom I’m honored to help. Please watch here