Investors are on edge right now. In addition to the devastating human cost of Hurricane Harvey, early estimates put the economic toll in the tens of billions of dollars. And North Korea's Tuesday launch of a missile over Japan has reignited fears that had faded over the last couple weeks.
According to Money Morning Chief Investment Strategist Keith Fitz-Gerald, though, investors can look in one of two directions when making decisions about their portfolios: in the rear-view mirror, or ahead to the future.
Keith joins CNBC World to tell us the best approach for investing in this geopolitical environment.
You also won't want to miss his harsh words for the U.S. Federal Reserve and the "toxic sludge" it has to unload from its balance sheet.
Editor's Note: "Must-have" companies backed by Unstoppable Trends are a cornerstone of Keith's wealth-building strategy. But there's another type of investment he wants Money Morning Members to know about. It's one of his favorites, a kind of "desert island fund" he'd buy if he had to park his money in one place, "retire" from civilization for 20 years, and come back to a pile of money. Click here to learn more…