CPI 3%—Here’s the plan Dear Reader, Scott from Tucson wrote in to ask me, “Between the news, economy, and stock prices, what drives sentiment the most?” The answer is that it’s sort of a feedback loop. Sentiment drives price, and price drives sentiment. For example, a few months ago, when Tesla was trading at $100, everybody hated Elon Musk, and everybody was freaking out. But in my daily newsletter, The Daily Dirtnap, I said to my readers, “You’ve got to buy it.” Now, Tesla is at $270. The sentiment around Tesla has done a complete 360. Today, when news of 3% inflation hits—it’s easy to assume that this is good and would drive the market up... But it’s not that simple. Using sentiment as a strategy to grow your portfolio requires you to consider some very basic concepts… I cover them here in this short interview I did with Mauldin Economics. It’s a great primer on how I use sentiment investing and how you can too. So here’s the plan: I’m going to help you learn how to use sentiment—and help you spot some of the biggest opportunities this summer. The best place to start is by clicking here and watching this short but highly informative interview. If you don’t have time to watch…
You can find a complete transcript by clicking here. Please note: the interview will NOT be up for very long. After today’s CPI, you need to be ready.
Click here to watch the interview. Jared Dillian Editor, Mauldin Economics |