This has been a volatile year thus far for U.S. equities, but the worst is liekly behind us.
I’m wearing my Trader’s Cap right now because between now and the end of 2018, there is a tremendous set of circumstances, which scream “stock market surge.”
Courtesy: Macrotrends.com
The trend is up, but contrary to January, when the big rally happened, the market isn’t crowded at all right now.
This is a genuine uptrend, led by the fact that sellers aren’t taking profits, but holding – they see value, as does Portfolio Wealth Global.
Judging by the universe of possibilities to park our cash at, U.S. equities are still the No.1 station to stop at.
In 2017, we had a once-in-a-generation rally with cryptocurrencies, which we took full advantage of.
This year, the major sector to rise from obscurity is Artificial Intelligence. Our top stock, Globalive Technology (TSX-V: LIVE & US: LVVEF) received its OTC symbol, which now allows Americans to take a strategic position in week one of trading.
Today, I really want to focus on a major, new theme for Portfolio Wealth Global – it is called the “irrelevance of statistics.”
The United States is so divided and diverse that calling it one economy doesn’t make sense anymore.
Globalism has made it so that a small part of the population enjoys a lavish lifestyle because of their affiliation with companies that benefit from this, while the majority, who are not, have languished.
Take a close, hard look:
Courtesy: Zerohedge.com
Let’s face the facts – the rich now live in a different world than the average American.
This means that they have a different agenda and care about other issues because they rely on the global economy, not the domestic one.
The opposite is true about the 90% of people, who make their money in the U.S. and depend upon domestic conditions to improve their lot in life.
The next 7-12 years will be the best years for the American Empire in this century – after that, the permanent decline begins because the borrowing costs will turn unbearable, along with the fact that foreign governments will prefer lending to the Chinese over the Federal Government in Washington.
Do not, therefore, judge your life by the national statistics – they mean nothing to you. A person living in NYC doesn’t pay the same prices as one, who lives in Atlanta. On top of that, the two don’t depend on the same economic conditions to materialize in order to better their financial situation and they should only concern themselves with their careers.
This rule applies to you too.
You need to figure out how to turn the potential you have between your ears into cash by providing value.
It is so ingrained in our minds, as a westerners, that the developing world will continue to finance our debt that we can’t imagine how life can sustain without it, but the change is coming.
The next 18 months will be an incredible fortune-generating era and Portfolio Wealth Global implores you to use the gains you book for the purpose of closing down any over-hanging debt or obligations you might have. Make sensible decisions, when it comes to your spending.
Read, educate yourself, associate with high-level individuals, and SPECIALIZE.
Find the skill that you excel at, so that you can charge big money for it.
This is the last chance to exit the erosion of the middle-class.
After the Chinese become the No.1 economy, currently projected in 2025, it’s Game Over.
Use the next few years wisely, then.
Best Regards,
Tom Beck
Research Partner, PortfolioWealthGlobal.com
