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As the executive editor of Money Morning, Bill Patalon has perfected a secret investment strategy that could help you put an extra $125K into your portfolio - this year. To date, Bill has used this strategy to pick 257 winning investments, including 192 double- and triple-digit peak gains. Once you see the secret, you'll immediately understand why it works so well.
KEEP CASH, BE A PATIENT VULTURE
I think the U.S. economy will slip into recession by the end of this year (December). However, it will not seem that much different to many people on the street and engaged in the "real economy". So, whatever economic contraction we are headed for, it won't be significant enough or early enough ( before Nov. 8 election) to change the outcome. President Barack Obama is probably headed for a second term and Ben Bernanke headed for reappointment in 2014. The Republicans won't quite get enough additional Senate seats to get a kind of technical "majority" (52 seats).
Therefore, we should plan on full implementation of ObamaCare, eventual higher taxes after the election, and continued Trillion dollar annual deficits. The national debt will grow until a Greek like bond market crisis occurs and interest rates are forced up sharply by the global bond market (foreign creditors). This will cause the Mother of all Recessions and a -40%drop in the stock market, including dividend Aristocrats. Save your money and stay in cash for now. Be patient.
I think Bradley has about 'hit the nail on the head', but I do hope that it doesn't happen! Politicians World Wide have about equal finance intelligence, nearly none! Just look around,
Most Countries are in the same financial mess plus corruption full scale. Generally people
don't do their homework when they vote one reason the 'rats' keep getting in office.
Oh dear, Obamacare. It certainly would be a lot better if we went back to what
Romney was advocated — sending all the uninsured to the emergency rooms. That
would sure help the burden that health care is putting on the economy. The repubicans
have such bright ideas!!!
Any comments on: "Triple Tax Free" NYC/NYS Bonds? Any particular one (s)? A friend purchased w/ their bank last yr. and said they're paying a guaranteed 4% w/ int. paid 2 x/yr.???? Thank you.
I'm new to your reporting letter – I'm interested in your coverage of cyber security companies – if any – and your recent related investment picks.
On September 18 I purchased Commtouch Software Limited. I paid $2.86.This Friday,September 29
the value was $2.48. Please advise your advice.
One fellow here suggests saving one's money in fear of much higher interest rates and a plunging stock market. I wonder if he knows what the dollar does during that time. His cash just may be trash.
Agree wholeheartedly with Jason's 12/14/12 comment.