Nov 1, 2022
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