Publisher’s Note: In our effort to provide both timely and valuable market coverage and actionable investment analysis, we occasionally like to share insights offered exclusively to our premium membership. Today is such an occasion as we feel that Jason Williams’ Wall Street experience and sage wisdom is something all investors can benefit from right now. The following is an excerpt from today’s weekly update to The Wealth Advisory investment community. Enjoy…
Greetings and welcome back to another week in the markets. I’m getting tired of calling them wild, so let’s say we expect things to remain “exciting” for the time being…
Uncertainty over trade wars has been the main driver of action on the markets.
Recently, we’ve also added uncertainty over the brewing verbal war between Donald Trump and Jerome Powell.
Powell doesn’t want to cut rates and stoke inflation while tariffs are still part of the picture.
Trump really wants him to cut rates to help the economy (read: stock market) go back into hyperdrive.
Now, Fed chairs serve four-year terms and Powell’s isn’t up until 2026. And while they can be removed for cause, and one could make the case that there’s cause to remove old JP, Trump will likely just make his life hell for the next year instead… unless Powell cuts rates.
Markets are starting in the positive today after JD Vance announced that the U.S. and India have the framework for a trade deal in place. If true, maybe it’s the first domino to fall.
And while we’ve seen more than our share of down days, we haven’t seen any capitulation moments where volume is extremely high, and losses are extremely wide yet. That suggests investors haven’t lost hope and aren’t running for the exits en masse.
My gut still thinks we’re going to retest the lows we saw back in early April. But picking exact bottoms is impossible. And there are a lot of indicators that it’s a good time to buy right now.
The AAII sentiment survey is extremely bearish and that’s a pretty good contrarian indicator.
So, instead of trying to time the market (and driving ourselves crazy in the process), we’re looking for good investments to buy at low prices.
And that’s part of the reason we introduced this feature several years back: to help you cut the emotions out of your allocations…
Now, while much of this content will still end up being related to the public market, the focus is simply to monitor trends and highlight potentially profitable investments before the crowd gets to them.
That’s my fancy way of pointing out that official recommendations are and will remain the exclusive content of your monthly issues.
Now, with that out of the way, let’s get into your 57th Weekly Wealth update…
Everything is Down… But Gold
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