Posts by Author
Steve McDonald
Posts by Author
Steve McDonald
Navigating the New Market
Since the first day I started working in the stock and bond business, the old timers – the guys I have always sought out as a great source of advice – have said almost without exception, “The markets don’t change.” This mantra was in response to those in the business…
READ MORE7,000 Points to Go, and That’s the Good News
For months, my colleagues and I at ETR’s sister newsletter, Investor’s Daily Edge, have been pounding the table about how this market is a stock picker’s dream. We have said things like, “Millionaires are made at this point in the market cycle,” “Stocks are really cheap,” and “Build a bulletproof portfolio now.” But most people can only hear the doom and gloom news, and it always ends up costing them money.
READ MOREHow to Play the Market Right Now
Since the market turned around and started doing its rocket imitation, most people I have spoken to are shaking their heads saying, “It isn’t real,” “It has no legs,” and “It’s 1933 all over again.” Since when are we supposed to be suspicious of a rally?
READ MOREBuy China Now
China will lead the world out of this economic slowdown, and the money to be made by investors is beyond your wildest dreams. Three reasons China will explode: (1) They have no debt and a $3 trillion surplus. (2) They consider 6 percent growth to be a recession for their country. (3) Most important, China’s government puts China first.
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