Recent Articles
Why do you think cannabis stocks are such a good investment?
<p>It’s no secret I’m a big believer in the future of cannabis. In fact, I think 2020 could be the Year of Cannabis!</p> <p>The odds of the U.S. legalization marijuana continue to increase heading into the next decade. Simply put, the American people want legalization. Polls show that two-thirds of adults support it. Politicians who continue to oppose legalization or just avoid the conversation altogether will struggle on election days. And let’s be honest… all politicians really care about is getting re-elected. When the majority of voters back legalization so strongly, politicians will be forced to follow.</p>
Your Next Step in This Bull Market Is Key
We could be in the final inning of the longest bull market in history… And it’s had a great run, experiencing the longest uninterrupted gains in U.S. history. Except we both know this bull market isn’t going to die quietly. In fact, a growing number of experts agree that the next crash will be worse than the Great Depression. Influential investor Jeffrey Gundlach, the CEO of DoubleLine Capital, which manages nearly $150 billion in assets, said last week, “U.S. stocks will get crushed in the next recession.” He also said that could happen ahead of the 2020 election. But history also shows the biggest gains often come in the final inning of a bull market.
What are your thoughts on artificial intelligence?
<p>Artificial intelligence (AI) may sound like something from a sci-fi movie, but it’s actually been around for decades. Progress so far is already amazing, and looking ahead to where AI will be in 10 years is almost unfathomable.</p> <p>From the moment you wake up, your personal assistant will be there for you. Ask it to turn on the coffee maker, set the temperature for your shower, change the thermostat, give you a rundown of the weather and traffic, and check whether you need to get gas – or charge your electric vehicle – on the way to the office.</p>
An Early Warning About 2020
I could tell the television host thought I was crazy. CNN’s Richard Quest was interviewing me about the market, and I made an admittedly bold prediction. He thought I was too bullish. When I released my 2019 predictions last December, I said that the S&P 500 index would be up 25% at some point during the year. I was so sure of it that when I went on CNN on February 6, I reiterated my bullish view. Richard Quest wasn’t buying it. He said he would buy me dinner if I ended up being right. As of today, the S&P is up 25.1% in 2019 – hitting my target. I don’t want a dinner out of it. I simply want investors to make money in one of the best climates I’ve seen in my 20 years in the business.
Is a Global Recession In the Cards?
If you google the latest news headlines for the word “recession,” the results are enough to make you scream. “Goldman Sachs says that every one of its private equity clients is preparing for a recession”… from Business Insider. “Gundlach: A recession will come, so investors should start ‘playing defense right now’”… from Yahoo Finance. And then there’s: “Gazing into the recession crystal ball.” (I need one of those.) That one’s from Reuters UK, and there is certainly a lot of chaos in Europe right now. I’ve recommended some exciting international opportunities to my subscribers, but I agree with my colleague Louis Navellier that the United States is the oasis around the world.
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