Dear Fellow Investor,
The sentiment of almost all world markets is super bullish. With share buybacks, historically low interest rates in most of the world and easy money policies the investment crowd continues to pile in. What is the background? What is the fuel for the bull ? Simply put: Easy money
Donald Trump has the option to appoint 3 Federal Reserve Board officials to fill 3 vacancies. They will likely be easy money advocates even more dovish than Janet Yellen. With Trump's plans to revive infrastructure and defense spending credit will be further loosened.
A lot of this easy money is finding its way into equities world wide.
Bad news promoted 24 hours a day by the Trump hating main stream media has not stopped the bull run in the S & P/ Dow and Nasdaq and other world markets.
Investors have become immune to the lies and misinformation promoted be CNN, BBC and CNBC concerning Trump, political witch hunts, Putin etc. Markets continue to go up.
To protect ourselves from getting caught up in the crowd euphoria continue to focus on off the radar screen companies trading at reasonable valuations. These are companies that are under researched, not in the popular press and overlooked by the crowd.
In this way when there is a correction, you will be protected. Value is always value, property is always property and gold is always gold.
Invest well and grow your wealth and I wish all our Muslim clients a happy Ramadan.
Bill
 |
This is a fisher, a member of the weasel family. They live in Northern
Canada.
|
No comments:
Post a Comment