The party continues…

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Stock markets are up and the US dollar’s slump extends to the emerging market currencies as well. Skipping all the details, one of the strongest markets last year which is also one of my favorite markets (besides Japan), Korea is off to good start. Chinese markets are also off to a firm start. The Shanghai Composite is up for a fourth consecutive session, the longest streak since mid-November. 

What else? Oh, after reaching highs of nearly $20,000 at the start of December, Bitcoin is trading below $14,000 and posted a near 5% decline between last Friday and January 1st. I will be curious to see what will happen next. I have no exposure to Bitcoin and its other smaller cousins.

Never mind and back to the big picture, the popular view on the street is that there is nothing that can derail the train of higher stock prices. However, as was the case in prior cycles, sometimes the identification of headwinds is hiding somewhere.

Even a fifth grader will tell you that the markets have arguably been grossly distorted for the last ten years or so by massive money printing around the world. This has been evidenced by how long the bull market has been under way without a real correction, the obvious strength in many economic data points but the lack of “real” growth to the poor on the street like me.

I am always long-term bullish on everything but also always on the lookout for the next bear market trap. You know there is money to be made and risk to avoid. Bull markets, bear markets. Ups and downs. It takes hard work, research, discipline, patience and the right tools to make the best choices.

Let me do the hard work for you, so you can enjoy your money and be assured of a bright future. There is so much to talk about in my meetings with investors and partners over the next couple of days. Watch this space for new updates on general outlook and strategy. Meantime, please do not listen to your broker and chase higher prices.

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