The FREE Investment Newsletter That Really Works!
With 99L becoming Tropical depression 9 and then today becoming Tropical Storm "Hermine" I focused the commentary section of the letter on preparations. Having survived some wicked weather during the 1996 history making ice storm in the Pocono's and then Super Storm Sandy in NJ, I've spent a lot of time learning from some real disaster prep experts. So I just want to pass along a little of that knowledge with you all.
I also spend some time talking about the "ranges" the market has been in since back in June. We are now 38 days in a row where the S&P hasn't moved more than a percent. I lay out the upper and lower ends of the range and how we're navigating this market.
I have posted the Sunday letter up on the site a day early, and I hope all of you click on it and read it. In it I take a look at where all this is heading. We know the world is awash in debt, so much debt that "debt that can't be paid back, won't be". So if we have all this debt, and we know that the Swiss, the ECB, the Japanese and yes our own Fed's are buying stocks, to keep the illusion of strength, how does this end?
In this letter I give 3 separate ideas concerning how I see the future unfolding. Let me tell you, none of the choices are desirable, I just don't know of any others that truly make sense. So as you contemplate the future, take a look at today's letter and ponder on it.