The following comes from our friends at InvestorPlace. While it doesn't necessarily reflect our views, we think you'll be interested in what they have to say. - Matt Benjamin, Senior Macroeconomic Analyst
Hi Reader, A lot of people are scratching their heads... Over the course of my 20-year career in finance, I've never seen people this confused about where the markets are heading. But I understand where this confusion comes from... 2020 has been an insane year! We've experienced one of the worst pandemics in human history. Stocks were rocked by the fastest bear market decline in history (which erased $16 trillion in wealth in under a month). Then, thanks to trillions in government stimulus, the markets recovered faster than any other time in history. And today, the markets continue to hit new highs even as millions of people remain unemployed and small businesses struggle. Again, I understand why you may be confused... or even worried about what happens next. But no matter what, DO... NOT... PANIC. The worst thing you could do right now is make a financial decision based on fear or greed. Instead, I recommend you do two things... First, stop listening to the news and the financial media. They've been pushing fear this entire year. And they'll continue to do it so they can make advertisers happy. The second thing I recommend you do is attend a special market update I'm holding next December 17, at 7 p.m. ET. I'll be sitting down with famed investor Louis Navellier and an Emmy-nominated journalist for the Early Warning Summit 2021. We'll be talking about the big market moves Louis and I see impacting stocks in 2021 and why you should start preparing BEFORE January 1. You'll also learn how Louis and I beat the market by 6X this year... And how you could destroy the markets in 2021 - no matter what unfolds over the next 12 months. This event is free for all to attend and I highly encourage all my readers to sign up. And if you have any money in the markets at all, you need to attend. You can sign up for free right here. Talk to you soon, Matt McCall Senior Investment Strategist, InvestorPlace |
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