Dear Reader, “Post-truth” was recently named by Oxford Dictionaries as its word of the year—with use of the term rocketing 2,000% in 2016. Welcome to the party, OED. Investors have been living in a world where truth is optional and facts passé since at least 2008. Central bankers’ post-2008 monetary policies artificially bolstered stock markets and ushered us into a world where debt is everywhere, growth is hard to find, and pragmatic savers are punished. Yet central bankers cheer that their monetary policies were successful—post-truth. Meanwhile, rumors, half-truths, and outright falsehoods travel far and wide via social media, and the financial media are as guilty as their mainstream counterparts of fueling panic with doomsday headlines—post-truth. It’s tough for investors to navigate through the fog of uncertainty—and emotion-based news and soundbites trigger emotion-based investing. So, how do you invest in an age of post-truth? Here are the clichés: Don’t be swayed by short-term market movements... trust data, not headlines... and don’t get trapped in an echo chamber. However, unless you can dedicate 24 hours a day to investing, these are difficult balls to juggle alone. One of them is going to fall and possibly take your portfolio with it... Mauldin Economics VIP: Investing in a Post-Truth World Expert analysts, diversified investment strategies, and a deep well of knowledge and experience are now more essential than ever. To invest successfully and safeguard your future, you need the big guns. And that’s precisely what you get with Mauldin Economics VIP, our solution to investing in the post-truth age. From now through December 13 only, you can become a Mauldin Economics VIP and gain access to our analysts’ market-beating strategies... benefit from their decades of experience... and let us do the heavy lifting for you. The portfolio, current issues, and archives of six premium Mauldin Economics publications will be immediately opened up to you. Your VIP membership is completely risk-free for 30 days, and you won’t pay full price. In fact, you won’t even pay half price. For a limited time, you can take a 63% discount off a one-year VIP membership... or join for two years at an incredible 74% discount. Become a Mauldin Economics VIP today and you’ll gain instant access to: | Add solid stocks to your portfolio month by month and boost your income with conservative options strategies. Mauldin Economics Senior Economic Analyst Patrick Watson’s stunning ability to spot a macro trend shades you from the heat of short-term market movements, while Senior Equity Analyst Robert Ross’s proprietary stock selection system adds powerful data-crunching muscle and protects you from emotion-based investing. |
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