Start the conversation
Comment on This Story
Or to contact Money Morning Customer Service, click here.
This Fourth of July holiday, the markets are, of course, closed. And hopefully, you're taking a well-deserved break to celebrate with friends and family.
So this is the perfect time to talk about something I know has been on a lot of folks' minds...
What happens next?
I've gotten emails from a number of our Members - Pam, Ryan, Jim, Jane, Mia, Hao, Ronaldo, and more - you know who you are - asking, "Where do we go from here?"
Well, that depends on a number of what I call "wild cards."
Right now, there's simply so much headline risk that you have to be prepared for a big move in either direction - up or down!
There are lots of these wild cards in play (or waiting to go into play): North Korea, Trump's pending meeting with Russia, a trade war with China, the European Union and Brexit, the Fed, immigration, earnings... anything can and perhaps will come into play as journalists try to create screaming, sensationalistic headlines to draw a reaction from the public.
Now, contrary to what a lot of folks think instinctively, this is not a bad thing.
Remember what we do every day: We identify the world's best investment opportunities, and we invest accordingly.
And guess what: If the markets are going nowhere, there aren't any opportunities.
That's why we want the markets to "go somewhere" - there's plenty of profit potential. Up or down, it matters not a bit; what matters is that you're prepared.
So I want you to do two things...
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.
Interesting!
I don't know about you, but I'm certainly not going to sit and let the government keep another cent of my hard-earned cash
I'm on board. Anne Dlinn.