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!
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.
This is going to be part one of a two part article about EV’s. Love them, hate them, or ignore them, they’re here to stay. But, there’s so much to the story that most people aren’t thinking about, that maybe there’s some way to capitalize on this growth. As always, the issue is “storage” meaning batteries, and it’s the stuff in the batteries that is getting hard to find. So, let’s get through some of softball stuff fist.