This week we're taking a look at four of your most perceptive investing questions and my replies to them.
We're also going to cover a question I was asked on FOX Business recently that has immediate bearing on your money and your investments at the moment.
So let's get rolling…
Earlier this week, FOX Business anchor Stuart Varney (himself a London School of Economics Graduate) noted that Goldman Sachs came out with a new report and said:
"Oh, you're going to get no money out of the stock market [over the next 12 months]. I think there's a few of our viewers who are thinking of just getting out of stocks completely. Would you advise that?" ~ Stuart Varney, Varney & Co., FOX Business Network
Not on your life. I told Stuart that I think you've got to do anything but get out.
Then I noted investors needed to remember who's delivering the message. Goldman has been involved in several blatant cases of market manipulation in recent years – namely FX, currencies, and commodities – and has a history of trading against its own clients.
But in the interest of time, I couldn't tell Stuart and millions of FOX viewers why I believe we've still got 5% to 8% before the end of the year.
Earnings have been better than expected and will continue to be as the must-haves we follow expand margins further, albeit from terribly low levels. At the same time, we're heading into an election cycle, and while that's contentious, the promises will be bigger than ever this cycle. That's usually an upward influence. And finally, corporate buybacks typically accelerate during Q4, which is a good thing after the summer doldrums and immediate-term volatility I think we'll see this summer.
About the Author
Keith is a seasoned market analyst and professional trader with more than 37 years of global experience. He is one of very few experts to correctly see both the dot.bomb crisis and the ongoing financial crisis coming ahead of time - and one of even fewer to help millions of investors around the world successfully navigate them both. Forbes hailed him as a "Market Visionary." He is a regular on FOX Business News and Yahoo! Finance, and his observations have been featured in Bloomberg, The Wall Street Journal, WIRED, and MarketWatch. Keith previously led The Money Map Report, Money Map's flagship newsletter, as Chief Investment Strategist, from 20007 to 2020. Keith holds a BS in management and finance from Skidmore College and an MS in international finance (with a focus on Japanese business science) from Chaminade University. He regularly travels the world in search of investment opportunities others don't yet see or understand.