Dear Reader, In market downturns this century, tech is the canary in the coal mine. Technology stocks plunge heavily relative to the broader market. Think about the dotcom bubble, where the Nasdaq fell 75% from March 2000 to October 2002, after rising almost 600% from 1995–2000. In recent months (and accelerating in the last few weeks), the tech-heavy Nasdaq led the descent into bear market territory once more. It’s beyond ugly: 
| Source: Google Finance |
So what does that say about what happens next? Things could start to turn from an ugly to an absolutely historic crash in the very near future. The catalyst will simply be a continuance of the current trend… Central banks worldwide doubling down on a cycle of rate hikes in a bid to control rampant inflation. We’ve singled out ONE investment move in Jim Rickards’ Fat Tail Portfolio that is a hedge if things go as we predict in the next month. Counterintuitively, it’s listed on the stock market. But if it’s still in the buy zone we’ve identified when markets open on Monday, you should consider adding it to your portfolio immediately. It’s designed to buck falling indices in a massive way. If things go from bad to worse, this investment goes up. At least, that’s the plan. It’s not gold related. Or a traditional defensive stock. It’s more dynamic and bold than those traditional ‘crash hedges’. And it won’t go up if Jim and his team are wrong and markets experience a massive rebound in the next half of May. It’ll go down…or at least stay flat…and you could lose money on it. So you need to keep your eyes open if adding it to your investments. We are at an absolutely critical time in market history. Where fortune will favour the brave…and the smart. If you’ve not watched it yet, click here to learn more about Jim Rickards’ Fat Tail Portfolio. Regards, James Woodburn,
Publisher, Fat Tail Investment Research | 
