Editor’s note: U.S. stocks continue their roller coaster ride. After its worst December since 1931, the S&P 500 stormed out of the gate in 2019… only to reverse course and drop another 2% today. Now, we’re only three weeks into the new year, but this volatility is causing many readers to ask one simple question: “What’s … Read more
By Justin Spittler, editor, Casey Daily Dispatch Practically every major asset ended last year in the red. Large U.S. stocks… small U.S. stocks… foreign stocks… corporate bonds… You name it. Investors would have been much better off holding cash or “cash substitutes,” as I showed you yesterday. And there’s a good chance cash outperforms major indices … Read more
By Justin Spittler, editor, Casey Daily Dispatch Today, I’ll share one of the safest places to park your money in 2019. This is more important than ever. As regular readers know, there’s been almost nowhere to hide. 2018 was a bloodbath… U.S. stocks got hammered. The S&P 500 fell 6.2% in 2018 – its worst performance … Read more
By Justin Spittler, editor, Casey Daily Dispatch So much for a New Year’s rally. Yesterday, U.S. stocks stumbled out of the gate. The S&P 500 opened down 1.2%. The Dow Jones Industrial Average (DJIA) opened 0.4% lower. And the Nasdaq began the year down 2.5%. As the day wore on, the market recovered. All three major … Read more
By Justin Spittler, editor, Crisis Investing “Would you like marijuana with that?” That’s not something you hear every day. But Moon Juice, a hip California juice bar chain, has been asking its customers this question lately. It’s not the only place doing this, either. According to the marijuana media website Leafly, juice bars across southern … Read more