An Overview of Current Markets
As fear of debt crises, and fear of currency crises, dominate the news, this is combined with a month (September) that is the worst month of the year historically for stock markets. Another factor is the seeming paralysis in the USA, which not surprisingly is remarkably similar to the paralysis during the Great Depression, and also before the USA entered WWII.
In spite of everything appearing so different, it seems as if history repeats with a remarkable frequency.
Consider also that until the investing world is convinced of doom and gloom, the bottom is never reached.
All of this combines to create fear in the minds of the investors, and a determination to save what money is left.
In every cycle, there is a point where the bottom is reached, or retested, and then the inevitable rise in the markets begins. This is a very unusual year in some respects, but the year is not over. We are believers that the market will rise and rise strongly.
Rather than go into all details at this time, suffice to say that the USA, with all of its problems, and all of its debts, and all of its seeming stagnation, has a Gross National Product of over $15 trillion dollars.
The USA will not disappear, and its strength will again become apparent.
A Most Unusual Year
Chinese numerology, and Feng Shui, for 2011 suggests this year we are going to experience four unusual dates:
1/1/11 (January 1, 2011),
1/11/11 (January 11, 2011),
11/1/11 (November 1, 2011) ,
11/11/11 (November 11, 2011)
and that’s not all.
An Mathematical Oddity
Take the last two digits of the year you were born, and the age you will be this year, and the result will add up to 111 for everyone!
This is the year of MONEY.
In this year, October will have 5 Sundays, 5 Mondays, and 5 Saturdays. This happens only once every 823 years. These particular years are known as Moneybag Years.
The proverb goes that if you send this quip to eight good friends, money will appear in the next four days.
A post October 24, 2011 from Raymond James Equity Research Analyst(s): Jeffrey D. Saut
Fear not. The markets will recover.
The views expressed in this blog are opinions only and are not investment advice. Persons investing should seek the advice of a licensed professional to guide them and should not rely on the opinions expressed herein. This blog is not a solicitation for investment and we do not accept unsolicited investment funds.