Making predictions is one of the most fun parts of my job. It’s also one of the most important. I’m not talking about those internet quizzes that predict the first letter of the person you’re going to marry. And I’m certainly not talking about a stranger on the phone who claims to have all the answers to life’s questions. I’m talking about analysis-driven predictions based on the past and the present that help us see where the world is headed. This is critical for investing success. Hockey great Wayne Gretsky said, “Skate to where the puck is going, not where it has been.” To get to the puck before everyone else, I take into account everything I have studied and learned over the years and apply it the future.

Head for the hills! Go to cash! A recession is coming! That’s been the cry in the financial media the last few days as we faced the dreaded inverted yield curve. Should you be scared? Should you change your investing strategy? No and no. The yield curve – especially an inverted yield curve – is a legitimate economic indicator. We shouldn’t dismiss it. At the same time, it’s not as simple as the headlines make it out to be. Nothing ever is. It’s critical that you know the proper context. That’s what I want to help you with today, so you understand the scary headlines and can take full advantage of the opportunities created by those who don’t.