by Brian Christopher | Apr 30, 2020 | 2020 Financial Crisis, Investment Opportunities, Smart Profits Daily
You’ve heard the media tell you for years that the U.S. is a consumer-driven economy. They’re right. And the U.S. consumer is in trouble today… More than 30 million people filed initial jobless claims in the last six weeks. Today’s real unemployment rate is more than...
by Brian Christopher | Apr 23, 2020 | 2020 Financial Crisis, Smart Profits Daily, Trading Strategies
“We just want to get through the typhoon. … We’re not playing ‘Oh goody, goody, everything’s going to hell, let’s plunge 100% of the reserves [into buying businesses].’” — Charlie Munger, vice chairman of Berkshire Hathaway, to the Wall Street Journal Munger is...
by Brian Christopher | Apr 2, 2020 | 2020 Financial Crisis, Investment Opportunities, Smart Profits Daily
A Tuesday article in the Houston Chronicle caught my eye. Its title was: “$20 per Barrel Oil Sends Energy Companies to Restructuring Specialists in Droves.” It’s true. The last time we saw this kind of pain in the oil patch was in the middle of this decade. From 2015...
by Brian Christopher | Mar 26, 2020 | 2020 Financial Crisis, Investment Opportunities, Smart Profits Daily
The market’s recent volatility is unprecedented. Since 1950, the market rose or fell by 2% in one of every 20 trading days. In March, it has happened on 15 of the 18 trading days. That’s 83% of the time! This is creating amazing opportunities. Stocks have recently...
by Brian Christopher | Mar 19, 2020 | 2020 Financial Crisis, Investment Opportunities, Smart Profits Daily
My mom once told me that no matter what happens, find a way to take something positive from it. I’ll admit, I wasn’t mature enough to understand what she meant at the time. In fact, I thought she was talking crazy… I had just fallen off my bike, and my knee was...
by Brian Christopher | Mar 12, 2020 | 2020 Financial Crisis, Smart Profits Daily, Stocks
Since its February 19 high, the S&P 500 Index has fallen 19%. Market chaos. You should be thankful when this happens. The market is on sale! When you go to the grocery store, do you avoid items that are on sale? I don’t. I haven’t seen people tell the manager: “I...
