If employment growth is stalling, interest rates won't be going up: buy stocks!
So what is it?
It is traders trying to find a way to get investors back into the stock market: by trying to create some hype (because they have a vested interest in getting some market movement...hype sells!).
Friends, forget the hype.
Look at the fundamentals because that is what tells you whether or not there is value in owning stocks.
Corporate earnings / profits have had 4 consecutive quarters of negative growth and are about to (if the forecasts are correct) enter into another quarter of the same (not seen since 2008-2009).
Why do we invest in stocks?
To participate in a company's future earnings growth.
But companies are not growing earnings.
It is webinar Tuesday at High Rock and we will host our weekly client webinar where we will discuss the state of the global economy, financial markets and how it all impacts their portfolios and the management of their wealth.
We will post the recorded version at http://www.highrockcapital.ca/current-edition-of-the-weekly-webinar.html at approx. 5pm EDT. Feel free to tune in.
Thank you for all of the great feedback, please keep it coming...
If you would like to receive this blog directly to your inbox...