In this week's Off The Cuff podcast, Chris and Axel Merk discuss:
- The Trouble With Trade Wars
- The uncertainty is whipsawing the markets
- Actions Have Repercussions
- China's investment in the US plummets
- The Rules Of Brinksmanship
- Chris & Axel give book recommendations
- Oil & Gold
- Where to from here?
It's hard to keep one's head in today's world. Developments are changing at a pace the world just can't handle. As a result, the uncertainty and confusion makes it very difficult to 'surf' events as they unfold.
Instead, counsels Axel, investors need to look at the large trends in play, rather than getting caught up in the daily frazzle:
Ultimately, I think everybody should have their own framework on how to think about the market and the economy. That’s why services like PeakProsperity.com are so valuable. Because if you’re going to just be drawn by the news flow, you’re going to get dizzy or might even get a heart attack, right? Because it’s just jolted around.
Whereas if you have a way that you can think about the world, well, then, you have a trading opportunity. If the markets deviate from where you think it should be, you can buy or sell whatever it is – your bananas or your stocks or your bonds or currencies or whatever.