We could see huge draw downs, and equally huge explosions to the upside. Unless you’re a very nimble trader, sitting it out could be your best play. Just sayin…
by Bob Rinear
The International Forecaster
I don’t know how many of you are active investors. I don’t know if you are active traders, or just happen to read our articles to get a sense of what’s happening behind the scenes.
But for me, trading isn’t an abstract. It’s put food on my family’s table for almost 30 years. Sure, it’s nice to sell a subscription now and then, but ultimately, it’s beating the market that keeps the lights on.
So, we should talk about trading in the face of the environment we face. For years now, the Feds have been printing money and dumping interest rates. They’ve now started buying corporate debt. They’re doing anything they can to keep the wheels from coming off the global economy, while at the same time stealthily merging themselves with corporate America. So, unless you’re one of a very small and select segments of the market, your company is in trouble. If you’re not AMZN, or TSLA, or Docusign, or Netlix, chances are your company is sucking wind.