You Need the TRUTH to Make Informed Decisions — Part One
Newton’s Third Law of Motion foretells the busting of this massive asset bubble — whether it be short and sharp or long and protracted — is destined to inflict a great deal of financial pain.
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Investors as Superforecasters
In today’s Money Morning, what is a necessary skill great investors possess? I believe it’s forecasting. Great investors must be able to appraise the future well. Even the world’s most sophisticated model is useless if fed by bad forecasts. Great forecasts are crucial inputs to any great model or investment thesis.
A Multistage Disaster
A lot of red on the screen last Thursday. The latest inflation readings were worse than expected. The Dow dropped 500 points. Remember, we’re only in the very first stage of what we believe will be a multistage disaster.
What the Plunging Aussie Dollar Means for You
The Aussie dollar is a great barometer of global economic growth. When it’s as weak as it is now, that tells you something is wrong in global commerce.
That ‘something wrong’ is rising interest rates worldwide.
A Confronting Chart Leads to an Opportunity
In today’s Money Morning, two years after (read on to find out what) the nature of money changed. We’ve just had a similar market event. And it’s helped wipe out $2.3 trillion worth of savings in just two years. What happens next? And what can you do about it…?
Is This the End of Monetary Policy Itself?
The economy doesn’t matter anymore. Neither do earnings nor risk. Nope, investing is just about guessing what central bankers might do next. After all, if we didn’t have them rescuing us every fortnight, can you imagine where financial markets would be?
