Spamdex - Spam Archive

Report spam

Send in your spam and get the offenders listed

Create a rule in outlook or simply forward the spam you receive to questions@spamdex.co.uk

Also in info2.eaglefinancialpublications.com

The Global Guru: What the Aftermath of Brexit Tells You About Expert Opinions

If you are on a mobile device or cannot view the images in this message view this email in your web browser.
To ensure future delivery please add financial@info2.eaglefinancialpublications.com to your address book or contacts.

Facebook Facebook

09/27/2016
The Global Guru: What the Aftermath of Brexit Tells You About Expert Opinions


Immediate Sell Advisory - 27 Crumbling Stocks You Must Sell Today!

These 27 massive companies are dead weight on your portfolio. And even though many investors own one or more of these stocks… you need to sell them all immediately. Because you don’t want to watch your wealth evaporate as the wind falls from their high-flying sails.

Discover the names and ticker symbols of all 27 of these crumbling giants today. Plus, find out right now the stocks you want to own instead. Don’t wait until it’s too late. Click here now to secure your portfolio today.

Click Here Now!

On June 23, the United Kingdom unexpectedly voted to leave the European Union.

Supporters went to bed late into the night thinking that the “Brexit” vote had failed. But they woke up the next morning to find that the campaign had succeeded.

By 9:00 am that morning, British Prime Minister David Cameron had fallen on his political sword and submitted his resignation.

Global stock markets sold off sharply. Both George Soros and his former Quantum Fund partner, Jim Rogers, opined that Brexit would unleash a financial crisis of Biblical proportions. With barely concealed Schadenfreude, mainstream pundits crowed that Brexit signaled the dissolution of both the United Kingdom and the European Union.

What’s Happened since Brexit?

With the post-Brexit sell-off now a vague memory in the minds of most U.S. investors, it is worth highlighting what has happened since that fateful day in late June -- and what lessons you can draw for the future.

Three months after Brexit, the United Kingdom’s stock markets are trading above their pre-referendum levels. After falling by about half of the 20% predicted by Goldman Sachs, the British currency has stabilized. Last week, Britain’s Office for National Statistics conceded that the Brexit vote had not had a significant impact on the United Kingdom’s economy.

That is a long way from the “DIY Recession” George Osborne, Britain’s now former Chancellor of the Exchequer (the equivalent of the U.S. Treasury secretary), promised voters if they voted for Brexit.

Osborne was not the only expert who had to eat crow.

The International Monetary Fund (IMF) admitted that its fears of significant market turmoil and short-term damage to the U.K. economy post-Brexit were overblown.

U.K. manufacturing bounced back in August. Retailers in London are enjoying a record year, thanks to the weak pound, growing by 1.5% over the third quarter as a whole. Viewings of prime London properties have soared as foreign investors look to take advantage of a weak British currency. The Organization for Economic Co-operation and Development (OECD) just raised its estimates for growth in the U.K. economy from 1.7% to 1.8% this year.

First Flight to Cuba Takes Off… and So Does a 20-Year Boom

Earlier this year, I predicted that the opening of diplomatic relations between the U.S. and Cuba would eventually create massive profit opportunities in a variety of sectors. However, things are unfolding much quicker than I imagined, as the first commercial flight to Cuba took off this week!

This is the first of five Cuban “foundation plays” I’ve identified that could score you multiples of your money. And you can play them from the same U.S. exchanges you’re already using, like NASDAQ and NYSE. But you must hurry… Click here now to discover my other top Cuban investments before the rest of the herd catches on.

Click Here Now!

Why the Experts Are ‘Never Wrong’

Much like gold bugs who cheerfully predicted $5,000 per ounce gold after the Great Recession, Brexit doomsayers will never admit they are wrong.

They are just early.

Doomsters view pro-Brexiters cheering their decision much like someone jumping off of the top of a tall building. After one second of free-fall, they say, "See? Nothing bad has happened after all!"

They rightly point out that Brexit has yet to happen. After all, the United Kingdom officially has yet to trigger Article 50 of the European Union’s Lisbon treaty to even begin Brexit negotiations.

The British leaders point out the U.K. economy is already fraying at the edges, with investment and employment numbers less stellar than surprisingly robust retail sales numbers. Before Brexit, the Bank of England had forecast economic growth of 2.3% in 2017. But the nation’s central bank now expects just 0.8% growth -- despite the OECD and IMF backtracking on their estimates.

Moreover, top U.S. investment banks just sat down in New York with Britain’s new Prime Minister Theresa May and renewed their threats to take jobs out of the United Kingdom if it pursues a “hard” Brexit.

What Brexit Tells Us about Experts

Still, for all the rationalizations put forth by the Brexit doomsayers, the hard truth is that they got Brexit profoundly wrong.

First, they predicted Brexit would never happen, as did I, along with betting sites that harnessed the wisdom of the crowds. Brexit was a genuine “Black Swan” event.

Second, Brexit doomsayers vastly overstated Brexit’s immediate adverse effects on the U.K. economy.

The U.K. economy failed to implode. Shoppers continued to shop. Foreigners have not abandoned the land of Shakespeare and tea en masse.

With that, here are some lessons from the expert opinions on Brexit to keep in mind for the next crisis du jour that comes along. First, experts have a long history of predicting catastrophe and collapse. Experts always sound more credible when they warn about a looming catastrophe than when they talk about the wonderful things to come.

The philosopher Bertrand Russell warned in April 1961 that if the Great Powers did not change their policies, "it is in the highest degree improbable that any of you here present will be alive 10 years hence." Stanford University’s Paul Ehrlich predicted global famine due to overpopulation by 1980.

Both were profoundly wrong.

Second, as the University of Pennsylvania’s Philip Tetlock has confirmed in groundbreaking research discussed in his book "Superforecasting: The Art and Science of Prediction", experts, especially “hedgehogs” with overly simplistic views of reality, are lousy both at their analysis and their predictions.

Only eclectic “foxes” who do not swallow the Kool-Aid of any particular worldview have a chance at generating reasonable predictions. And even their track record is disconcertingly poor.

Fire Your Broker Now!

Has your broker or money manager shown you a way to collect 14 fat dividend payouts a year? If not, I invite you to check out what I'm calling the "Super 7 Annuity."

No fees, no tricky fine print... just pure, steady income and growth. Click here to learn more.

Click Here Now!

Listen to the Experts and Do the Opposite

As an investor, you should never forget that stock market history is on the side of the optimists.

Global investing pioneer Sir John Templeton confidently predicted Dow 1,000,000 by the year 2100. On its face, that prediction sounds absurd. Yet it turns out that thanks to the miracle of compound interest, the Dow would only need to rise about 5% per year to hit that level in 84 years.

The bottom line?

Don’t get caught up in the doom-and-gloom predictions of experts.

Making investment decisions based on their opinions is a mug’s game.

Ironically, the best way to use the experts is to listen to what they say -- and then do the opposite.

But then again, I’m no expert…

P.S. I can, however, offer seasoned investment guidance to boost your investment returns. Consider subscribing to my Alpha Investor Letter, which includes a recommendation that has outperformed the Dow 11 to 1 during the last 29 years. The company’s shares have gained 8,340% during that time for an average annual return of almost 17.5%. Click here to discover why this company’s average gains have soared to 27% over the last five years, and how to invest in it.

In case you missed it, I encourage you to read my e-letter column from last week about the benefits and risk of trading straight from your gut. This article, and many other past columns from The Global Guru, can be found on StockInvestor.com, which is the new home of Eagle Daily Investor. I invite you to bookmark the site and follow it on Facebook and Twitter.
Sincerely,
Nicholas Vardy
Nicholas A. Vardy
Editor, The Global Guru

Subscribe to my Newsletter and Trading Services.
Follow me on Twitter.
Check out my Blog.
To ensure future delivery of Eagle Financial Publication's emails please add the domain @info2.eaglefinancialpublications.com to your address book or contact list.

This email was sent to because you are subscribed to the Nicholas Vardy's The Global Guru List. To unsubscribe or update your delivery preferences, please click here.


If you have questions, please send them to Customer Service.

Eagle Financial Publications - Eagle Products, LLC. - a Caron Broadcasting Company
300 New Jersey Ave. NW, Suite 500 | Washington, D.C. 20001

© 2016 Eagle Financial Publications. All rights reserved.



---------------------------

All titles, content, publisher names, trademarks, artwork, and associated imagery are trademarks and/or copyright material of their respective owners. All rights reserved. The Spam Archive website contains material for general information purposes only. It has been written for the purpose of providing information and historical reference containing in the main instances of business or commercial spam.

Many of the messages in Spamdex's archive contain forged headers in one form or another. The fact that an email claims to have come from one email address or another does not mean it actually originated at that address! Please use spamdex responsibly.


Yes YOU! Get INVOLVED - Send in your spam and report offenders

Create a rule in outlook or simply forward the junk email you receive to questions@spamdex.co.uk | See contributors

Google + Spam 2010- 2017 Spamdex - The Spam Archive for the internet. unsolicited electric messages (spam) archived for posterity. Link to us and help promote Spamdex as a means of forcing Spammers to re-think the amount of spam they send us.

The Spam Archive - Chronicling spam emails into readable web records index for all time

Please contact us with any comments or questions at questions@spamdex.co.uk. Spam Archive is a non-profit library of thousands of spam email messages sent to a single email address. A number of far-sighted people have been saving all their spam and have put it online. This is a valuable resource for anyone writing Bayesian filters. The Spam Archive is building a digital library of Internet spam. Your use of the Archive is subject to the Archive's Terms of Use. All emails viewed are copyright of the respected companies or corporations. Thanks to Benedict Sykes for assisting with tech problems and Google Indexing, ta Ben.

Our inspiration is the "Internet Archive" USA. "Libraries exist to preserve society's cultural artefacts and to provide access to them. If libraries are to continue to foster education and scholarship in this era of digital technology, it's essential for them to extend those functions into the digital world." This is our library of unsolicited emails from around the world. See https://archive.org. Spamdex is in no way associated though. Supporters and members of http://spam.abuse.net Helping rid the internet of spam, one email at a time. Working with Inernet Aware to improve user knowlegde on keeping safe online. Many thanks to all our supporters including Vanilla Circus for providing SEO advice and other content syndication help | Link to us | Terms | Privacy | Cookies | Complaints | Copyright | Spam emails / ICO | Spam images | Sitemap | All hosting and cloud migration by Cloudworks.

Important: Users take note, this is Spamdex - The Spam Archive for the internet. Some of the pages indexed could contain offensive language or contain fraudulent offers. If an offer looks too good to be true it probably is! Please tread, carefully, all of the links should be fine. Clicking I agree means you agree to our terms and conditions. We cannot be held responsible etc etc.

The Spam Archive - Chronicling spam emails into readable web records

The Glass House | London | SW19 8AE |
Spamdex is a digital archive of unsolicited electronic mail 4.9 out of 5 based on reviews
Spamdex - The Spam Archive Located in London, SW19 8AE. Phone: 08000 0514541.