Dear Sheryl,
I’m writing to you from the MoneyShow in Dallas, Texas. Just this afternoon, I was called in to give a speech in place of the Heritage Foundation’s Stephen Moore, who was summoned to the White House today. So, it has been a busy, but productive day. Meanwhile, it is also a busy day on Wall Street. After hitting multi-year highs yesterday, Treasury yields continued climbing today. With the 10-year Treasury hitting 3.2% as I write this, the stock market has grown more volatile today. I want to make sure we’re all on the same page, so I’ve recorded a special podcast to brief you on the market’s latest moves. You can listen to today’s Special Market Podcast here. Now, I don’t recommend getting caught up in the selling action. Money isn’t leaving the stock market; it’s getting reshuffled. Also, many of the recent distractions—the political circus in Washington D.C. and the China trade spat—are just that: Distractions. Uncertainty hurts markets, but for reasons that I’ll discuss in this podcast, it’s time to get over these distractions and focus on what really matters. Right now, what really matters is that we’re in one of the best investing environments in my lifetime. Also, we’re gearing up for a strong finish to 2018. Between earnings season, the midterm elections, holiday seasonality and a booming economy, we have a lot to look forward to this quarter. So, as far as I’m concerned, things are fine on Wall Street. I consider today’s pullback a buying opportunity. For more information on today’s pullback and my take on market conditions, please listen to today’s Special Market podcast now. And if you encounter any technical issues with playing the recording, please contact my customer service team, and they’d be happy to get you squared away. Sincerely, Louis Navellier
| 