5 Minute Forecast

Posted by Agora Financial

Share on Facebook

Tweet on Twitter
z0000-1

A Relic of a Misguided Age

  • Famed money manager’s BIG-DEAL macro call… Why it won’t make you any money… and what to do instead
  • Stock buyers “come out of the woodwork”… Elmerraji on how to seize the moment and the advantage
  • Gold sinks… but another central bank is backing up the truck
  • Absurdity abounds: a new spike in hay thefts… $11.5 million in gold purloined from a rusty fishing boat… the $50,000 “pill purse”
  • How $50,000 in taxes could have been put to better use… a late lament for the middle class… Doug Casey on “an empire in decline”… and more!

z0000-1  The economy is not the stock market.

“Repeat this over and over,” suggests Chris Mayer by way of helping you get through this episode of The 5:“The economy is not the stock market. The economy is not the stock market. The economy is not the stock market.”

OK, feeling calm and centered?

Here we go…

z0015-1  “Jeremy Grantham is a highly regarded investor,” Mayer begins. “His accurate forecast of returns for various asset classes in the first decade of the 21st century cemented his fame, and today his firm manages billions of dollars of investor money.

“Maybe that’s why so many people turn off their brains when they read what he writes…”

Uh-oh.

…..read the rest HERE

image.axd