In this week’s Global Macro Update, you’ll hear about the potential for a 1930s-style economic crash and what can be done to prevent it... what drives a stock’s price on any given day (hint: it is not momentum)... and the popular asset class you should be avoiding if you are an individual investor.
Milton Berg, CFA, CEO, and chief investment strategist of MB Advisors, brings decades of trading and market timing experience to our discussion. He’s worked with the biggest names in the hedge fund world, including Soros, Druckenmiller, and Steinhardt. This conversation will challenge some of your long-held views on what drives the markets.
The video of my full conversation with Milton is below.
But first, some market data...
A Quick Look at the Markets This Past Week…
The S&P 500 was up 1.26% at 4,077.
Oil was up 6.59% at $81.31 per barrel.
Bitcoin was up 3.09% at $16,896.
Mortgage rates were down 1.37% at 6.49%.
The 10-year Treasury was down 4.39% at a 3.53% yield.
Disclaimer:The Mauldin Economics website, Yield Shark, Thoughts from the Frontline, Patrick Cox’s Tech Digest, Outside the Box, Over My Shoulder, World Money Analyst, Street Freak, Just One ...
Disclaimer:The Mauldin Economics website, Yield Shark, Thoughts from the Frontline, Patrick Cox’s Tech Digest, Outside the Box, Over My Shoulder, World Money Analyst, Street Freak, Just One Trade, Transformational Technology Alert, Rational Bear, The 10th Man, Connecting the Dots, This Week in Geopolitics, Stray Reflections, and Conversations are published by Mauldin Economics, LLC. Information contained in such publications is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. The information contained in such publications is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed in such publications are those of the publisher and are subject to change without notice. The information in such publications may become outdated and there is no obligation to update any such information. You are advised to discuss with your financial advisers your investment options and whether any investment is suitable for your specific needs prior to making any investments.
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