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Tag: China

Who Is Master of YOUR Fate?

I’ve emphasized the centrality of U.S. government policy to your investments for 18 months.

Whether it’s the Federal Reserve, stimulus payments, infrastructure bills or the fight against COVID, what the public sector does has had an outsized influence on stock prices.

In theory anyway, the people making those decisions are accountable to us as citizens, taxpayers and voters.

But the last few weeks show that decision-makers who aren’t accountable to anyone can have a far greater impact.

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3 Stock Picks as Market Breadth Sinks

Markets were down sharply this morning as fears of a possible Lehman Brothers 2.0 unfolds in China. Still, the S&P 500 has defied reason this year, as a handful of big, strong companies, such as Amazon and Facebook, keep pulling the market higher. Beneath the surface though, most stocks are in correction territory. This kind of “breadth deterioration” has preceded many significant market declines. So … is it time to get out of stocks? Ted and Clint show you what’s going on behind the curtain and reiterate a classic strategy to help you get ahead. Plus, you’ll see that big names aren’t the only way to play this lopsided market with the three stock picks they reveal at the end of the video.

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