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A prediction (Latin præ-, "before," and dicere, "to say"), or forecast, is a statement about an uncertain event. It is often, but not always, based upon experience or knowledge. There is no universal agreement about the exact difference between the two terms; different authors and disciplines ascribe different connotations.
Executive orders, tax plans, what else did today bring? Find out in our free investing newsletter tonight. Yes folks, today Wednesday the 26th, the President signed an executive order returning the control of some 250 million acres of land, back to the States, instead of the Federal Government that had stepped in to "rule over" it. Then later in the day we got the outline of what Trump is trying to get out of his tax plan overhaul.
There's a lot of moving parts in it, but he's a bit skimpy on details. So as you can imagine it was a fun day in market land as we went up, we went sideways and we ended red. We're now perched at the doorstep of all time highs... are they going to punch us through? Good question. Take a read of today's letter and get our view.
Hey folks, the free investment newsletter is posted and in it we actually go off the rails a bit in the commentary section. Many of you don't know that I'm somewhat of a silent partner in a weapons training company, and in the last 3 weeks there's been a huge spike in people asking me about buying their first gun. So we explore a bit of that, and then of course we talk about the insane market run up today. Give it a read! Oh and just to be brutally honest with you all....we missed the whole thing. After breaking the string of green closes, we thought that maybe the combo of that and Trump's speaking might cause a red day or two. We were "out" of the market for that whole session. Ouch!