The FREE Investment Newsletter That Really Works!
Good evening all, welcome to this edition of the free investment newsletter. Today we're talking about Norway and their enormous sovereign wealth fund, and the fact that they've been directed to increase their stock holdings to a whopping 70% of their holdings.
Think about that for a minute. When you buy a stock, you're worried about the price, the "value" the P/E, etc. When these guys buy this is what they say, and I quote " We don’t have any views on whether the market is priced high or low, whether bonds and stocks are expensive or cheap,” he said in an interview after presenting second-quarter returns in Oslo on Tuesday.
Well there you have it. This guys going to be buying 275 million a day in stocks, and he couldn't care less if the stocks are overpriced or not. Unreal.
Then in the market section, we talk about the "levels" we'd need to see to continue thinking we have more highs coming. We put out the specific numbers we're watching. Give it a read, it's valuable stuff.
And besides, it's free!
A tough Lesson
I want to take you back in time for a minute. The day is January 13, 2019. Here’s what I wrote that evening:
A couple weeks ago I was talking about the increased censorship we were seeing from Google and Facebook and YouTube. It was getting really ugly, and anyone with a Christian, or alternative news outlet was getting blocked and shut down. Now, that wasn’t terribly surprising to me, because about a year ago I wrote about Youtube setting up a “tattle tale” operation, actually rewarding people who shut down the most sites for “inappropriate’ language.
Before we get into the meat and potatoes of this, let me start with a bit of personal biography. I’m a gun guy. I’ve been a gun guy since I was born, simply because my dad was a hunter and fisherman. I was raised around guns all my life. Shotguns, rifles and handguns were simply part of our home. It was as normal to me as a toothbrush.
Sarasota Florida has meetings over “dangerous” Sea level rise. Let’s chat:
If any of you have ever been to SouthWest Florida, you know that there’s many places on our coast to try and find fossilized shark teeth. In fact, while “Venice” is usually known as ground zero for finding these little treasures, the fact is that right at the southern end of Venice, there’s a beach called Casperson.