Hey y’all,
Happy Friday!
The markets have started out pretty hot this morning, perhaps fueled in part by the aversion of a government shutdown announced late last night.
As we talked about Thursday, a shutdown would simply have added more uncertainty to the boiling stew that is the market’s anxiety right now, and nobody needed that.
So, Minority Leader Schumer announces that he isn’t going to start a fight he could NEVER have won, and we all get to be happy on a Friday morning. That’s fun!
How long are these good vibes going to last?
That’s a different question…
I know Nate will be LIVE at 1:30 PM ET today sharing his Mapping the Market session, and I’ll be tuning in to learn what he thinks.
No matter how long it lasts, that’s just pretty to look at for a change…
A sight for sore eyes.
If you have any profit to take today, I’d take it and run for the hills and enjoy your weekend!
Because the next downturn could be right around the corner…
Speaking of which, I’ve been talking to Chris Pulver about a pretty unique way to use 0.25 to 0.50% of your account, a tiny fraction, to hedge against unexpected downside moves.
It’s like buying insurance for your retirement account — and it’s pretty powerful!
I’ll keep you updated in the coming days as I learn more.
For now, enjoy your weekend,
To your prosperity,
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