Note from Marc: I've talked about why you can't rely solely on the Fed's rate decisions when it comes to investing in the markets... MarketWise CEO Porter Stansberry agrees. In fact, he makes a recommendation on how to interpret government economic data releases. See the full details below...
Dear Reader, Yesterday's FOMC meeting sent waves through the markets... While the Federal Reserve ultimately decided to keep rates steady, investors continue to cling to the hope for a cut with expectations that it could send stocks higher. So the question is: Will the Fed finally cut rates in September? My good friend and Stansberry Research founder Porter Stansberry answered that in his most recent interview. He also warned, point blank, that in the markets, "We are playing a rigged game. And it is rigged because of the government." And no matter what the Fed does next, Porter is warning that you shouldn't be distracted from the bigger picture... America's currency is under threat like no other time in the history of our country. In short: Porter says if you're like most people who are "waiting and seeing" what'll happen next in the market, it's time to establish a new strategy. (See Porter's warning and plan of action here.) Remember: The Fed initially expected three rate cuts this year... But then changed its mind. So, in many ways, today feels a lot like August 2007... That's when the Fed assured us of a "soft landing" – just two months before the bull market peaked... and four months before the worst recession since the 1930s began. I mention this because while you and I can't control the Fed's decisions in D.C., you CAN choose how to react. You can decide to learn what Porter is recommending you do right now to prepare for the rest of this year. It's a strategy that puts the power to time the market squarely in your hands... And backtests show it would've gotten you out and helped you avoid double-digit losses during the major bear markets of 2000, 2008, 2020, and 2022. See the proof for yourself, right here. But keep in mind, we're shutting down the replay in the next few days... And I want you to have time to act on Porter's game plan before the markets open tomorrow. So please, click here to watch it now. Here's to our health, wealth, and a great retirement, Dr. David Eifrig, MD, MBA
Senior Partner, Stansberry Research | 
No comments:
Post a Comment