Category Five Economic Storm Continues - Adrian Reid #5644
Summary: How much longer will we have to endure the treacherous economic waters? Adrian Reid comes on the show to give us some insight on the how these trends will play out in the near future, reminding us of some of the factors that contribute to a bear market. It’s more important than ever to study market history and know what the markets are capable of in these conditions. Tune in for more knowledge and tips from Adrian. Highlights: -We’re in a category five economic storm around the globe, creating treacherous waters for investors -How much longer will this trend continue? -If we don’t get inflation under control, bad things are going to happen -The biggest up days and strongest rallies occur in bear markets. It’s important not to be fooled; be wary of jumping on board -Many traders/investors lack patience, which is their biggest downfall. In the markets, you have to adopt a long-term view\ -Look for long-term change in a trend and lower volatility -Market volatility remains high, but we’re not in a bull market -Knowledge of market history is crucial. It’s important to look at charts (i.e. DOW, S&P) and study them at a granular level -Eventually, we’re going to have to start looking for a bottom, but it’s important to be patient Useful Links: Financial Survival Network Enlightened Stock Trading
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