Wall Street… Imagining Things… Again??!! Like That’s a Surprise
I read literally thousands of articles and data points every week on your behalf while hunting for the world’s best investment opportunities. And one, in particular, jumped out at me this past week.
It’s an important one because it’s proof positive that Wall Street – brace yourself – is imagining things.
What a concept… I know.
CNBC reported on findings from Credit Suisse that an unusually high number of top earnings growers have fallen from the ranks to the bottom 20.
At first glance, this sounds bad. The chart certainly appears scary.
The implication, of course, is that this is the end of the financial universe as we know it.
That’s not true.
- Long-term flows that create big profits are opportunities, not risks.
- The markets realign themselves in cycles which is why you want to pay attention to the real message.
- It’s very hard to derail momentum, especially if you know where and when it’s happening.