Good morning, and welcome to today's edition of A Better Way To Wealth! If you've fired up the television lately or you've listened to that old thing called a radio or even read something on the internet that's market-related, you've likely heard the word "recession" thrown around. According to the National Bureau of Economic Research (NBER), a recession "involves a significant decline in economic activity that is spread across the economy and lasts more than a few months." Of course, there are a lot of "talking heads" on the tube and radio and internet that have all developed their own opinion of what a recession is. But the NBER is the organization that officially declares recessions, so we'll stick with its definition. |
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Good & Bad News Now, there is good news and bad news that comes with recession... The bad news is that I'm sure most of you have opened your 401K statements, retirement account statements or even your actively managed brokerage accounts and have noticed a fall-off. The fact of the matter is that other than a few brief pullbacks, the market hasn't cycled since 2008-2009. And prior to that, the last time was in 2000. So, we're due. In fact, we're overdue. But the good news is that making money on the downside is so much faster than it is making on the upside... Yours In Trading Success, |
P.S. Don't miss the groundbreaking reveal of Project 6x6 TODAY at 1 p.m. EST… Click right here to register for the special event! P.P.S. If you haven't yet opted in for A Better Way to Wealth push notifications, you could be missing out. Click the orange button below to get instantly notified when we post new articles, chart analysis and more! |
What Do You Want Me To Talk About Next? |
If you're looking for a better way to wealth, you probably have a LOT of questions. After all, you know you don't know what you don't know... What's the current biggest threat to YOUR economy? Send over your questions and concerns, and I'll try to answer them in a future video or video series... Email me now at newsletter@betterwaytowealth.com. |
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