by JL Yastine
The Sovereign Investor
I hear it all the time from Sovereign Society members — in person, in phone calls and in emails: “The financial world doesn’t make sense to me.”
How can the stock market gain so much ground (notwithstanding the weakness of the past few days), or the Federal Reserve continue to talk about restraining the U.S. economy by raising interest rates … despite headlines that say:
- The United States’ economy is barely growing at all.
- U.S. corporate profits are on the decline.
- U.S. exports of goods and services have fallen for 19 consecutive months.
No wonder one of the big brokerages recently said: “We have never had so many clients start meetings with statements like ‘We are totally lost.’”