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Force Majeure Markets~ How long can this Alice in Wonderland Market ignore the numbers?
Conclusion
Our considered humble opinion, based on 60 years of life experience and studying 10,000 years of recorded history, is that until the savings rate climbs above zero, there will be no lasting economic recovery, no matter how many magic neoKeynesian bills, free lunch games or programs Washington DC corporate bank servants play.
When the mass media trumpet new highs that are actually still below 2007 highs, it is easy to lose one’s perspective.
Until the American Standard of Living begins to recover with less government borrowing, debts and spending; lower CPI, lower taxes and more GDP from productive private sector jobs with higher interest rates and dividend returns from lower bond, stock and gold prices; there will be no justification for current market prices in many asset categories kept up by Government Peter robbing Taxpayer Paul and the economy to profit.
We release our TopTen Closely Held Dividend Discount Spring Portfolio by the end of this week.
TopTen costs $1000 a year and so far delivered returns on a $10,000 or more portfolio far exceeding the $1000 cost. There are no warranties for future performance, other than a money back guarantee if a $10,000 or larger portfolio does not outperform the $1000 cost in one year.
We released our Big4 Weekly Asset Allocation Report Saturday.
Big4 costs $2000 a year and so far delivered returns on a $100,000 or more portfolio far exceeding the $2000 cost. Big4 currently has 25 long UP asset positions that returned 1 to 7700% so far, and 40 short DOWN asset positions that returned 15% to 91% so far. There are no Big4 warranties for future performance other than a money back guarantee if a $100,000 or larger portfolio does not outperform the $2000 cost in one year.
Both subscription portfolios use Trailing Buy and Sell Stops for effective entry and money management, perhaps even during an Alice in Wonderland Force Majeure Market.
Regards*Rich
