(4-minute read) Great innovations are all around us in plain sight. But like the early days of the airplane, most people don’t notice. And they’re missing out on one big innovation happening right now…
Today, I decided to continue the theme by addressing another difficult part of an investment writer’s job: the model portfolio.
A model portfolio lists all the current and closed positions in an investment service like The Bauman Letter, Profit Switch and Flashpoint Fortunes (or the exciting new service that “Mr. Bullseye” Clint Lee is about to launch that lets you see a countdown before a stock slingshots upward).
This gives subscribers a view of the service’s track record.
But in a trading environment like 2021, model portfolios can be misleading … especially when they obscure the potential for much better gains.
Time to start “dialing back.”
That’s how Mary Daly, president of the San Francisco Fed, views the Federal Reserve’s stimulus measures. Daly sees less need for support, and she’s hardly alone in her view.
No fewer than eight other Fed presidents have voiced a similar assessment recently. That’s because they are confident about the ongoing economic recovery.
The first place they will start is the Federal Reserve’s massive $8.2 trillion balance sheet, which has swelled by 100% since the pandemic began.
But those views are at odds with the surge in new COVID-19 cases as the delta variant spreads.
The widespread legalization of U.S. sports betting will make it as much of an American pastime as the sports themselves.
(3-minute read) When the right CEO is leading a business, they can make everyday investors like you a lot of money. Here’s how…
Chief Strategist of Strategic Fortunes and three elite services
Director of VIP Services
Founder of TRADEMONSTER.ai
Chief Investment Strategist of Money & Markets
Research Analyst
Founder of Weekend Trader