Why the Armageddon Trade Is Wrong - Weekend Wisdom
"Stockpile food and ammo!"
"Sell your stocks and buy gold!"
"Run for the hills and prepare for the worst!"
"The worst economic storm ever is about to destroy your wealth and freedom!!!"
1) Fall of the American Empire is NOT Inevitable
2) The US Economy is Far More Likely to Grow Its Way Out of Debt
- Death of Bretton Woods fixed exchange rates and birth of fiat currencies
- Derivatives explosion and financial engineering, now integral to modern economies
- Technology, which creates power, freedom and high-frequency trading
- Quantitative easing and the monetizing of debt
3) Money Seeks a Return
Your Investing Empire
Kevin, a Senior Stock Strategist at Zacks, is a recognized authority in global markets. A former market-maker in the $4-trillion-dollar-a-day world of interbank trade, he developed the ability to track the movement of money, and trained his reflexes to take advantage of it. Today he directs the new Zacks Tactical Trader , providing commentary and recommendations.