If you’re feeling discouraged by the markets this year, you’re not alone…
Last month, “Consumer sentiment” in the U.S. – an indicator of economic optimism – fell to its lowest level since August 2011…
That’s right, Americans today are as pessimistic about the economy as they were in the last recession. And who could blame them?
The S&P 500 is down 18% year to date… The tech-heavy Nasdaq is down 28%…
And while portfolios are bleeding red, the average price for a gallon of gas is nearly $5… and groceries are about 12% more expensive than a year ago.
That’s worrisome, for sure… but here at PBRG, we’re looking at the bigger picture… And as history shows, some of the largest gains are made when bear markets turn and volatility cools.
So this week, we’ve offered advice from our leading gurus… including this letter from Daily editor Teeka Tiwari, which received lots of positive reader feedback.
Because if you want to come out of this bear market with your wealth intact and growing… you need to be sure you’re making the right financial decisions when things are at their worst.
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Regards,
Chaka Ferguson
Editorial Director, Palm Beach Daily