by Ian King | Sep 18, 2020 | Smart Profits Daily, U.S. Economy
There’s a popular saying among investors: “Don’t fight the Fed.” That means when the Federal Reserve keeps interest rates low in order to boost the economy, it’s time to be bullish and make aggressive investments. But on Wednesday, Fed Chairman Jerome Powell had an...
by Ian King | Sep 4, 2020 | Government & Politics, Smart Profits Daily, U.S. Economy
The 2020 presidential election is now less than two months away. And these final days are critical as voters make their decision. That means two economic indicators in particular will be more important than ever over the next several weeks. In today’s Market Insights...
by Ian King | May 1, 2020 | 2020 Financial Crisis, Smart Profits Daily, U.S. Economy
I learned to trade in the aftermath of the dot-com collapse. It was one of the most brutal bear markets in history. The Nasdaq Composite Index dropped 78% over two years from its peak in 2000. Many traders lost their livelihood, while most investors lost their...
by Ian King | Apr 17, 2020 | 2020 Financial Crisis, Smart Profits Daily, U.S. Economy
The world is at war. This time it’s not between other countries. This battle is between nations and an invisible virus. It’s not “World War 3.” It’s “World War V.” In the United States, 95% of Americans are under stay-at-home orders. Businesses are closed, and the...
by Ian King | Apr 3, 2020 | 2020 Financial Crisis, Smart Profits Daily, U.S. Economy
We’re living in truly unprecedented times. The coronavirus tipped off the sharpest stock sell-off since the Great Depression. At one point, stocks were down 35% from their February highs. The economy is also suffering the biggest shock in history. The number of...
by Ian King | Mar 27, 2020 | 2020 Financial Crisis, Smart Profits Daily, U.S. Economy
A few years ago, I spent a late summer week on the Maine coastline at Acadia National Park. One day after a 1,530-foot hike up and down Cadillac Mountain, I found a secluded beach nestled into the side of the hill. When I entered the beach area, a chalkboard sign...
