Stocks have been down almost every day in September, the toughest month for investors. The market is down 10% this month.
There are plenty of reasons. The markets hate uncertainty, and we’re getting plenty of uncertainty as we head into the November elections. If President Trump and the Republicans hold onto controlling the White House and the Senate, the markets will rebound. If Biden and the Democrats take control of Washington, expect a sell-off as investors take their profits in the face of higher taxes and regulations.
Right now, electionbettingodds.com and the polls show the Democrats sweeping into office in January. Trump and the Republicans could achieve an upset, but their ill-advised decision to push through a new Supreme Court justice to replace the late Ruth Bader Ginsburg isn’t helping matters. It looks like an act of desperation.
Wall Street has gone up too far, too fast. Given that the economy has struggled mightily in the face of the never-ending scaremongering by government officials, the media and even medical experts, the markets were due for a correction.
Even gold and silver have taken it on the chin. Gold is down to $1,861 an ounce, a drop of 14% from its highs, and silver has dropped 22% to nearly $22 an ounce.
Is there no place to hide? Certainly, investors seek shelter with Treasury bonds during a panic, but guess what? Treasury securities are also down slightly for the month. Interest rates can go only so low in the face of rapidly expanding monetary and fiscal policy.
Only One Place to Hide
It turns out there only one investment has gone up in September: The U.S. dollar!
Alert: Google Just Poured 4 Billion into This New Technology
After falling for most of the year, the dollar has increased against the euro, the pound and other currencies.
Courtesy of YahooFinance.com
Why the dollar? Lots of reasons. As my colleague Jim Woods, coeditor of Fast Money Alert, states:
“The dollar rally is being driven by a trifecta: 1) Concerns about rising coronavirus cases in Europe and Britain [but not Sweden — they are over it!] resulting in more monetary accommodation. 2) Mild market disappointment that the Fed wasn’t more aggressive last week. 3) Potential earnings disappointments.”
How to turn $7 into $1,480 upfront by tomorrow afternoon
Dear Reader,
What if there were a simple way to make as much as $1,480 or more upfront per day, at home?
Well, now there is.
And thousands of in-the-know Americans are taking advantage of it today.
It’s one of the greatest wealth-building secrets in the market…
Which is why Barron’s calls it “one of the greatest strategies in existence…”
Because it’s a simple transaction required by law to pay you cash upfront when you request it.
Of course, nothing in investing is guaranteed.
But this is about as close as it gets.
Let me show you what I mean…
If you had started doing this a year or so ago, here’s how you would have done versus stocks — a time period that includes the worst crash we’ve seen in a century:
Just imagine what a huge difference that could make in accelerating your income…
Or simply bringing in extra income you may have lost, day after day, week after week.
All you need to get started is your home computer or smartphone, and a simple lesson on how this transaction works.
If you’re looking for a way to make a lot more income…
This just may be the solution you’re looking for.
Right now, InvestorPlace’s trading expert John Jagerson just opened the doors to his new Master Class, in which you can start learning this technique for just $7.
That’s not a typo.
For less than the price of a fancy cup of coffee, you can begin to learn a simple market approach you’ll be able to use for the rest of your life…
One that can literally put thousands of dollars per week into your pocket, every week of the year.
For a limited time, you can view a short presentation here on how to get started in Master Class Lesson #1 for just $7.
Regards,
Brian Hunt
CEO, InvestorPlace
