So here’s one of today’s headlines designed specifically to scare the shit out of anyone who reads it: “Britain Could Be Heading for Recession as Business Confidence Drops at Fastest Pace in Seven Years, Economist Warns…” It also wins a dishonourable mention for wordiness. But is it true?
Most folks have a kind of financial ‘awakening’ about retirement when they reach their forties, and it tends to move them quickly through the equivalent of a Kübler-Ross Grief Cycle; from Denial to Acceptance, with more than a few night sweats in between.
Imagine how they’d be describing this latest bull market if it weren’t for; China, oil prices, Zika, interest rates, Greece (all the PIIGS for that matter), Syria, SARS, etc. etc. We’d probably be calling it “much stronger than your average bull!”
Let me tell you a secret investment cycle with a sure fire Buy/Sell signal…..