When I hear mainstream politicians say things that sounds like the truth, it gives me an uneasy feeling that things are getting out of control.
Say what you will about Trump, but he doesn’t pull his punches and he’s very direct. At a recent news conference, Trump called out Janet Yellen for not raising interest rates for the benefit of Obama exiting the White House without a bubble bursting on his watch. Most people — at least those who are followers of CrushTheStreet.com and other sites like it — know that the markets are rigged for the benefits of the people with the most power.
What we know is that things are very uncertain, and when it comes to things like economic strength, stock market strength, and other things related to our money, trying to forecast perfect outcomes is nearly impossible.
As bad as everything is, who would have thought that a country on its way to implementing negative interest rates, spending out of control, and dealing with the threats of government shutdowns every few months would have the privilege of boasting a strong currency?
Yes, it’s true; the U.S. dollar is regaining some strength, which is actually posing some interesting challenges for corporate profits, specifically when looking at multinational companies (Global companies). This will be the crisis of the week for the economy and its huddles that it’s facing at the moment.
Companies like Coca-Cola, Kellogg, Wal-Mart, Costco, Microsoft, Monsanto, and many others are dealing with major headwinds as their profits around the world are going down because currencies around the world are at or right around their historic lows, and the U.S. dollar has been strong.
If I told many of you five to seven years ago that in November 2015, U.S.-based companies would be dealing with slowed earnings because of a strong dollar, many of you would of thought I’d be crazy, because the likely paradigm would have been that the U.S. will be falling into a depression and the dollar would be going down with it. The problem with this is that if you’ve invested solely with this premise, you’ve likely lost a lot of money, and there is a solution to this sort of chaotic investing mentality.
Nicholas Green, of FMTAdvisory.com, explains how you can have the best of both worlds. How can you position yourself for the upside in an economy that maintains relative stability, while also protecting yourself in case of an event where we do start seeing major market moves and the wheels on the bus really start to come loose?
This is a must-listen-to interview!