Warning tremor or just another blip?

Thursday, 11th October 2018

Warning tremor or just another blip?

Here at Money Truths we’ve been warning of trouble ahead for stock market investors for some time….

We were at it in March. And again, in September….

We’ve said it. And we’ve kept on saying it. And, so far, we have been wrong – consistently so. Our timing has been out. But sooner or later we know we are going to be proved right….

We will take no credit for it when that day comes. A broken clock tells the time correctly twice a day, as they say….

But the day is coming. Of that you can be certain….

And the signs suggest it is fast approaching.…

  • Global stock slump….

The bull market in stocks has run on for close to a decade. It has been easy for investors to make money. Even the worst and the weakest of the breed have done well. It’s been as easy as throwing darts….

The bull market has been running up a head of steam for so long, we suspect many investors have forgotten that markets can fall too. Often just as swiftly – quicker even – than they rise….

For such investors, the last few days will have come as a jolt.… Click here to read more

The start of something? Or the end?

Thursday, 4th October 2018

The start of something? Or the end?

The month of October gets a bad rap….

As far as the markets are concerned, October is the bad-boy on the calendar….

Investors and financial commentators associate the month with calamity, catastrophe and sheer terror….

Memories are long. Old wounds run deep. Some scars never heal….

  • Be reassured – or brace yourself….

It was the month of October that produced Black Monday in 1987 – and across that one month, the FTSE All-Share Index shed 27% of its value….

And in the year of global financial crisis that was 2008, the October curse (if that is what it is) struck again – with the FTSE All-Share Index losing 12%….

But we only need check the facts to discover that October’s reputation is entirely undeserved – a product of the media’s rabid imagination rather than hard-and-fast reality….

There is no need to be fearful….

Since 1990, the month of October has delivered losses on just half-a-dozen occasions. And the market has dropped just once in the month of October since 2010….

The historic record should reassure you that the market is as safe as houses during October….

Or you can take it as a sign that the return of the curse of October is well-overdue….… Click here to read more

Somebody is going to be wrong….

Thursday, 27th September 2018

Somebody is going to be wrong….

Last week we reported how various ‘expert’ prognosticators are forecasting doom and gloom not so very far down the road ahead….

Gordon ‘Goldfinger’ Brown, ‘Miserable’ Mark Carney, Moody’s, the British Chamber of Commerce and various economists, all of whom make their living telling the rest of us how things are going to be, were shaking their heads darkly and furrowing their brows….

The consensus is that, all being well, the next global financial crisis will come chugging down the High Street – with all the reliability of a London bus – some time in 2020….

Make a note in your diary. It’s sure to be amusing, interesting or potentially catastrophic – depending on your circumstances….

  • Worse than the Great Depression….

More experts have been out on maneuvers this week – getting in on the act, speaking to the newspapers or talking out of television sets at folk eating their evening meal….

Economic Commentator, Peter Schiff, for example. He said this to the New York Post….

‘We won’t be able to call it a recession, it’s going to be worse than the Great Depression….’

The soundbite kind of skates over the detail….… Click here to read more