Believe me, I’m not the kind of guy to say, “I told you so,” but if I was, I’d sure be saying it now.
I’ve been telling you, my Wall Street Insights & Indictments readers, not to sell short this supposedly long-in-the-tooth bull market, not to believe naysayers, and to get on board with the still rising market.
I’ve been unequivocally bullish and predicting more and more all-time market highs in my Capital Wave Forecast, which you also get for free right here every Monday.
I’ve been inundating my paid subscription newsletter subscribers with specific reasons why markets are going higher and recommending new positions regularly, lately two or three at a time.
I’ve been right. You should be making money on this latest leg up in the market like my subscribers are.
So, yeah, I’m saying it, “I told you so!”
Now, I’ve got to tell you about something very big in store…
Nowadays, I don’t give much credit to the Federal Reserve due to all its dirty tricks on markets, but today one of its best leaders deserves respect.
On Sunday, November 8, 2019, Paul Adolph Volcker Jr., the greatest central banker ever, succumbed to prostate cancer at the age of 92.
“Tall Paul,” as the 6’7″ living legend was known, will be missed by everyone who knew how tall he stood facing blistering political pressure, Wall Street criticism, and millions of Americans who once blamed him for the country’s economic misery and the 10.8% unemployment rate that he presided over in 1983, which cost so many of them their jobs.
But his plain-speaking smarts, resolve, unquestionable honesty, and integrity always shined through and eventually turned every one of his detractors into admirers, if not apostles.
I am, and have been for decades, a Paul Volcker fan. Here’s why the man is an idol…