| | | | | Dow 100K? Okay... How? | | By Alex Moschina, Associate Publisher |
| It's happening.
Dow 100K is coming.
And it will arrive in spite of the fact that 1.43 million Americans are filing for unemployment each week... and the U.S. economy plummeted at a record 32.9% rate in the second quarter.
As Andy noted Thursday, not only will we hit this critical milestone... but it's only a few trillion bucks away.
Yet some readers are having a hard time seeing it.
After all... a rip-roaring stock market in the midst of financial calamity isn't exactly something that's outlined in textbooks.
"With all the turmoil going on today, such as all the money that's being printed by the government," writes Juan F., "could you please be more specific about how it will all play out? How can the Dow reach 100,000? It is very confusing."
There's one thing you need to understand...
Fed Gone Wild
The economy and the stock market... are not as close as they used to be.
In the good ol' days, when most textbooks were penned, stocks tended to reflect what was happening in the overall economy. The government didn't have things all muddled up.
When times were good, businesses were expanding and unemployment was low, the markets soared.
Now leap forward to April 2020.
Uncle Sam delivered news that some 17 million Americans had just lost their jobs due to the COVID-19 shutdown. Oil prices were plummeting. Businesses were boarding up.
No one knew when life would return to normal.
And the market's response?
Blue chip stocks jumped by double digits. They had their best week in nearly half a century. Clearly our economy and our stock market are no longer on speaking terms.
They've been driven apart by loads and loads of fake money... and a Fed gone wild.
Trillions of freshly printed dollars dumped into the economy in the span of a few months is unprecedented.
And it's great news for investors... just ask Eastman Kodak (KODK) stockholders this week.
Shares started the week at less than $2.50 each. At their peak on Wednesday, they hit $60.
That's a 2,300% gain... in two days.
It makes Dow 100K look like child's play.
Buy, Buy, Buy!
We've said it again and again. The Fed will do all it can to prop up markets with rock-bottom rates and an endless barrage of cash.
You can practically see Dow 100K cresting the horizon.
So regardless of what's happening in the economy, the action should be clear: Buy, buy, buy!
As Andy puts it: | [You're] crazy not to be in stocks... especially those that are taking advantage of the Fed's actions.
Trillions of dollars are being pumped into the markets. Much of it will end up in stocks.
Take advantage of it. | | The Perfect Ticker
If you're worried about missing out on the action... or you're looking for a cheap and easy entry point into this crazy market... Andy has the perfect ticker for you...
It's the focus of this week's Markets With Manward video.
Watch to discover: - Where Warren Buffett wants 90% of his money directed after he dies
- Why holders of this unique investment outperform 85% of professional traders
- How it actually relaxes investors by tapping into a funny "brain quirk."
Click here or on the image below to check it out. | | | | |
According to the American Journal of Clinical Nutrition, "Poor nutrition is the leading cause of illnesses in the U.S., with unhealthy diets killing more than half a million people each year." The shocking figure prompted Joel Salatin to ask... How can a nation with the abundance of food enjoyed on our supermarket shelves be this undernourished? Here's what he determined (it isn't pretty)... | | | | |
The greatest challenges we face in life don't come from external forces. Often, they are obstacles that reside inside of us. Over the years, Mark Ford has found that when it comes to mastering a skill, the greatest challenge is not the work and time involved in acquiring it... but the desire to be a master before you become one. Click here for his advice on how to get even better at what you do best. | | | | |
"What you want in life is the confidence that follows accomplishment, not the pride that precedes a fall." - Mark Ford |
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