Mike's Spotlight

For The First Time in 10 Years and 11 ½ Months, I’m Concerned

I don’t have a lot of time so let me get straight to the point. Maybe it was a lucky guess – but on Saturday, March 7th, 2009 on MoneyTalks I told the audience that I had turned bullish on the stock market, especially in the US. The Dow Jones was just over 9,000. Since that time I have never wavered in being long term bullish stocks. Not once.

Our target was 30,000 on the Dow, which seemed crazy at the time. At every Outlook Conference since February, 2010 I have reiterated my long term bullish view. As you probably know – the Dow has breached 29,000 for the first time – and that’s why I’m concerned, especially given it has occurred within a few days of the Armstrong Model’s key turning point coming this weekend. I don’t know what the model is pointing to – escalation in Iran, the beginning of the Senate Impeachment trial, or maybe the extradition hearing of Meng Wanzhou – but I have learned over the last 35 years to never ignore those key dates.

In the meantime, until things become clearer, I think it’s never a bad idea to review your current investments and make sure that they reflect your comfortable level of risk. Maybe it’s time to adjust your holdings. (Not a surprise recommendation coming from someone who’s number one rule of investing is to manage risk.) I’ll have a clearer picture of what’s coming by the time the World Financial Outlook Conference starts on February 7th. Better still, I’ll ask Martin Armstrong, the world’s top economic and financial forecaster, who will join us along with Mark Leibovit who was just named Timers Digest Timer of the Year.

The Best Part About Investing

There are a great many differing opinions about the markets. And just as many approaches and methodologies used to determine what to buy, when to sell etc. The good news is that you don’t have to guess whether one particular approach is better than another – you just look at the track record. That’s what I love about the markets – there’s always a scorecard. In the end there’s no BS, no stories, no excuses – just results.

And the results of our recommendations at the World Outlook Financial Conference speak for themselves. For the eleventh consecutive year, thanks to the expertise of Ryan Irvine and Aaron Dunn at Keystone Financial, our official WOFC Small Cap Portfolio has yielded double digit returns.

Actually it’s better than that. As of January, 3rd the average gain of each of the stock in the 2019 Small Cap Portfolio is 67%. If you had simply bought 100 shares of each of the six stock recommendations it would have cost $16,307 and on January, 3rd this year they’d be worth $25,686.

That’s a terrific return on the $159 ticket.

One Caveat

Of course past performance is not a guarantee of future results, but featuring analysts with exceptional track records like Martin Armstrong, Ryan Irvine, Mark Leibovit and BT Global’s Paul Beattie puts the odds in our favour.

On real estate Ozzie Jurock’s record at the World Outlook Financial Conference on when and where to buy real estate is spectacular and this year he has three new areas that you should be aware of.

As you probably guessed, I want you to come to the 2020 World Outlook Financial Conference. Why? Because we’re living in a time of historic change and people who don’t understand what’s going on are going to be financial road kill. Of course, many people already are – but conference attendees who followed our past recommendations into the US dollar, US stocks, real estate in Vancouver, Phoenix, Montreal and Victoria, and have bought the World Outlook Small Cap Portfolio have done well.

I also understand that not everyone is interested in their personal finances – and I respect that but I’ll warn you that whether you’re interested or not – what’s coming during the next two years will have a dramatic impact on your financial well being.

I hope to see you at the Conference.

All my best,

Mike

PS – The World Outlook Financial Conference is Friday, Feb 7th and Saturday, Feb. 8th at the Westin Bayshore Hotel in Vancouver. For more information and to buy tickets click on the EVENTS button

It’s Easy To Forget The Best of Canada

While politicians push the politics of division amidst an avalanche of misleading statements and at times outright lies it’s easy to overlook the rest of Canada that’s on display daily in communities across the country.

Canada’s Cannabis Hopes Soar

 

Canada is going to be first G7 country to legalize Cannabis and the stock market loves the decision. Michael discusses the costs to society and profitability of this hot new industry.

….also from Michael: Government To Decide What Companies Pay Their Workers

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Unbalanced Budget and More Spending Coming

 

Bank of Canada says we have had 5 quarters of growth ringing in with 3.7% the last three quarters in a row., and budget deficit numbers coming in at less than 20 billion. An 18.4 billion year end deficit is 7 billion more than they last outlined in the Federal Budget. No roadmap yet for balancing the budget. 

…also from Michael: The War Against Jobs

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Another Dow Record – A NAFTA Cold Shoulder – New Mortgage Rules Bite

 

Michael explains the implications of the extension of the Nafta renegotiations, The Dow Jones Industrials hitting 117 year highs and Canadian Politicians have chosen a club to beat down skyrocketing real estate prices. Gain Michael Campbell’s insight in this quick 8 minute mid-week update interview.  

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Real Estate Prices Affordability and First Time Buyers

 

The office of the Superindendent of Financial Institutions is implementing a new stress test that will impact every home buyer buyer. The question is, are they going to effect the demand side or the supply side. More importantly, Michael wonders if they really want to risk derailing 40% of the economy to enhance affordability!

…..also from Michael: Political Moves Seemingly Designed To Drive You Crazy

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