Red on the Screens

Today the markets were extremely volatile, and I had the opportunity to be on TV twice to throw in my two cents. The first of the day was with Newsmax, and the prescheduled topics was to talk about the differences between the current administration and the prior ministration regarding economics and economic policy. More so how this would affect voters and why Donald Trump is leading by a large margin in that section of polling. However, before we could address that topic the markets were down over 600 points. Above you can see that in the clip  and how I weighed in on that with my new buddy Sean Kreigsman, and hopefully shined some light on why Trump is winning by a large margin in multiple polls when it comes to the economy.  

During this market selloff I received a note from Charles Payne’s show on the FOX Business network with an invitation to come on today and react to this market selloff. I have said it before and I'll say it again I believe we're going into a new business cycle and a new bull market, and as a result when the market sells off it is your opportunity to get involved if you're not already fully invested.

Business cycles and market cycles are multi-year phenomena and they will be anywhere from 4 to 12 years long with the market generally treading higher for the duration. With that in mind, these dips can be bought.

I think you are seeing this sell off because of what started this market momentum was less economic news more central bank liquidity and fiscal stimulus.  When this ends up happening the pendulum usually swings too far in both directions.  

We also just got into a the topic  of Fiscal Stimulus and how I don't believe stimulus before the election is likely. Stimulus simply does not benefit one side of the aisle to stimulate the economy prior to the election.