Something strange happened on September 9th. Once you understand it, you'll see why WeWork's recent IPO attempt failed...
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Dear Reader, Something strange happened on September 9th. Once you understand it, you'll see why WeWork's recent IPO attempt failed... And why the IPOs of Peloton... SmileDirectClub... and even Uber have been such disappointments. I'll admit, this story runs counter to most everything you'll read in the financial media right now. According to my colleague Dan Ferris, every dollar of profits you may have made during this historic bull market is on the line. He calls this event "The Unwind" because it marked a huge shift of investing capital. It already set off the sharpest 3-day market shift in more than 30 years, according to Barron's. And yet this move largely went unnoticed by most investors. This is the biggest warning Dan has ever made in his 20-year career – bigger than when he predicted the financial crisis in April of 2008 — and recommended shorting Lehman Brothers five months before it went bankrupt. Click here for the full story. Sincerely, Dr. Steve Sjuggerud
Editor, DailyWealth |
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