I’ll get to the paid content in a moment, where this week I’ll provide my latest macro-market (aka big picture) comments across global markets.
FRIDAY NIGHT LIGHTS OUT
$200 a year. On a $100,000 portfolio, that’s 0.20%. For access to insight that pays for that many times over when markets are strong.
And when they eventually weaken? What we provide at ETFYourself.com is worth many times that. That’s why you should know this:
This Friday (August 14) at midnite as the clock turns to Saturday on the US East Coast, our monthly Substack will increase to $25/month and $200/year. Our current price is $15/month or $150/year so if you are looking for more in depth research, consider taking advantage of this deal while it lasts. Try us out for a month and cancel at any time. If you’ve been paying monthly and are enjoying what we’re putting out, take advantage of the savings now. Try us for a year and make a small investment in your portfolio building skills.
NEW: ROAR FLEX model portfolio
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ROAR 10 ETFs Update: What Does The Macro Say?
We all remember that game as kids, right? What does the cow say? Moo! What does the horse say? Neigh!
What does an overvalued stock market, pumped up by an extra decade of liquidity that made people think that they could extrapolate their recent returns forward, and never have to care about managing risk proactively? OINK! (just like what the pig says).
These are the “dog days of August.” That time of the year when parents in some states are bragging to their friends in other states about how “our kids are already back in school!”
We are less than 3 weeks away from the annual Jackson Hole meeting, which has historically been an event that prompts market reaction to whatever the Fed Chairman says in his speech. This year, we get a new guy at the podium, Kevin Warsh.
But the issues are the same: massive US debt, and a consumer economy that is very enjoyable for some, but very challenging for most. And now, an additional concern: that AI spend, and whether it will produce strong enough results over the next several years to be worth it from a return on investment (ROI) standpoint.
If not? Look out below for the stock market.
Here’s my more specific take on the status of things, as told through the lens of the 10 ETFs I think matter most now. And, which I allocate among, tactically, through my ROAR 10 ETF portfolio.
Also, for those paid subscribers who are wondering when we will return from our brief hiatus from our weekly Tuesday 4pm live show, we will be back in one week, on August 18. As a reminder, live sessions will only be offered to paid subscribers. Sign up below.