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Sunday, June 4, 2017

Time to start planning for the disaster ahead.

Hi readers
 The other day I made it crystal clear that if the US walked away from it's environmental obligations that the ramifications of both the president and the US economy will be huge.
So a few days later what does Mr Trump do, throw away is political career.
Yes he will be impeached and yes the stock market will fall significantly before the year is out that is for certain.
As your all aware June month is  bonus time so I don't anticipate any fall leading up to June 30 ,as every manager will want to make sure they secure good returns as next financial year there might not be any bonuses.
There is plenty of time to plan so please look at your portfolios and be selective to what you want to hold and what you do need to hold.
As discounts are coming, don't worry about what current prices are..
Illusions are for people who don't open there eyes to reality.
The beauty of this will be if banks also begin to squeeze the collateral.
JUST FUEL TO THE FIRE.
Don't rush to buy any stock until we see real panic set it.

For those who want to know I intent to hold the 2 stock I own FRM.AX and BUB.AX.
These companies are longer term plays which are not trades.
If they do get to prices that I want I will buy more but let's see what plays out as I see more blue chips stocks, and mining stocks getting hit.

It's more a United States issue but as always is the case if America corrects so to does the world markets as hedges tend to become disconnected.

Can the fed do anything you ask ?
Answer to that is do they want to do anything !

As they say they don't ask questions you know the answers to .

The one thing you got to give Trump credit for is sticking to his word.
All I can say to that is thank you so much Donald.

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