What billionaires know about stocks that you do not
- 70 percent of the economy is based on consumer spending
- Why would people be dumping stocks during a stock market rally
What do billionaires know about stocks that you do not? Are you buying stocks?
Billionaires are not. In fact, billionaires are selling stocks at an alarming pace. Why? They are selling American stocks because they see poor performance.
They know that over 70 percent of the economy is based on consumer spending. The billionaires who have been around for awhile are losing faith in consumers and consumer-based stocks. Bank stocks are also high on their list of securities to dump. They also see the dollar store stocks, conglomerates in the food and equipment sectors as being stocks to divest from.
Why would people be dumping stocks during a stock market rally that doesn’t seem like it wants to stop? We see a major correction coming in banking, the housing market once again, consumer spending stocks and the equity markets. A growing list of problems in the economy and decisions that were made to falsely prop up the economy and banks over the last 7 years will bring them all down.
QUESTION: What should readers take away from this message today?
ANSWER: That don’t get too excited about buying stocks if you are a small investor.
QUESTION: Why is this information timely?
ANSWER: This information is timely because all the news on the TV seems to be geared to how well everything is doing; the economy, housing, the stock market, unemployment and consumer sales.
QUESTION: How can readers best apply this information to their lives right now?
ANSWER: They should be prepared for a significant market correction of 60 percent or more when it happens.
COMMENTARY: So you want to be an investor? To the large investors and the media the small investor looks more like a gambler than a real investor. Much is done to try and convince what’s left of middle-class “investors” to try and get them to put their money back into the markets. After all, where else are you going to put your money to get a good return? You should double down – go all-in because, if you don’t, there may not be another rally like this for a long time. Don’t miss this one. This is the same type of thinking that makes people fall for every “get rich quick” scheme that comes down the pike. It’s manipulating people with fear or feelings that they’ll “miss out” on something if they don’t “act now” before it’s too late. But, just like Las Vegas, the house always wins.