A Gross Prediction

By seadmin

“We’re not looking at a recession yet, but we’re at a tipping point,” said Bill Gross of Pimco. The manager of the world’s biggest bond fund told Bloomberg Television yesterday that, “We’re at what we call a stall speed in which corporate profits don’t grow, jobs aren’t created,” said Gross.

That’s not a very good prognosis for the economy or the stock market going forward. These words from Gross, who’s widely respected opinion carries a lot of weight with money managers and policymakers all over the world, should serve as a cautionary note warning investors to be particularly vigilant going forward.

This vigilance, along with the removal of a risk, is precisely what we’ve done this week in my Successful Investing advisory service. For more than 30 years, my service has expertly navigated the changing currents in the equity markets. This latest change in market mood may have been prompted by unique circumstances, but it’s how you react to that change that determines whether you’ll bring your portfolio into port — or whether it will remain lost at sea.

If you want to find out how we’re protecting subscribers from the latest market tumult, then I invite you to check out my Successful Investing advisory service today.

Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.

His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.

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A Gross Prediction