 |  | | | WITH SHAH GILANI | | The Rich Are Getting Richer, and Ordinary Americans Are Footing the Bill
With the top 1% of Americans earning more wealth than the bottom 90% COMBINED, our American economy is irreparably fractured. In fact, had there been no growth in inequality since 1980, the average American would now have $17,887 more in income. The reality is that average Americans like you and I are earning nearly $20 thousand dollars less in income then we should be. And hyper-inflated prices and record-shattering debt levels are merely adding fuel to an inexhaustible fire. Find out where the rest of your money is hiding, right here.
July 1, 2019
Capital Wave Forecast: What We Need This Week for a Market Turnaround to Last by Shah Gilani
Dear Wall Street Insights & Indictments Reader,
Money flows into stocks last week were muted across the board, with retail investors in equity mutual funds and ETFs decidedly on the sidelines ahead of the meeting Saturday between President Xi and President Trump.
The same wasn't true for institutional money. Speculative bets on the long side increased towards the end of the week as big traders positioned themselves for good news.
Those bets look like they're paying off already.
After a two-month layoff on trade talks, Xi and Trump agreed to get back to the table.
Pre-open today, Monday, July 1, 2019, futures across the board are all more than 1% higher.
That's on the heels of a 2.2% gain overnight for the Shanghai Composite and a strong opening and early trading across European bourses.
The big gains likely today should start to bring a lot of the stockpiled money on the sidelines back into equities. Almost $40 billion came out of equity mutual funds and equity ETFs in the first quarter and the second quarter, with full data available soon, looked like more of the same.
Barring any out-of-left-field negative news, equities should see money pouring back in this week, definitely institutional flows, and a turnaround in retail inflows as sidelined investors see clearer sailing ahead.
If major benchmarks all, or almost all, make new all-time highs this week, capital will flow back into to stocks on FOMO flows - that is, "fear of missing out."
Here's what else I'm following...
At the rate this young market is growing, we could see $30 billion in 2019
Pentagon plans major response to Chinese power play
5G's future could depend entirely on this company
All it takes is 10 minutes to set up the money-doubling opportunity of a lifetime
With Shark Tank's Robert Herjavec: Indisputable Proof That Anybody Can Get Rich through Angel Investing When Robert Herjavec and Neil Patel launched the Angels & Entrepreneurs Summit, they had only planned to invite a small group of guests to join them... but then Neil revealed something truly shocking. During this clip (about halfway through the event), he reveals indisputable proof that anybody can transform their life through angel investing. We knew we had to show this event to everyone - the information is just too valuable to keep under wraps. You owe it to yourself to watch this right now.
How I Just Made 10% in 5 Minutes on the Beyond Meat Mania On Monday, Beyond Meat (BYND) took off, eventually jumping an additional 10% in just 5 minutes. By 10 a.m. sharp, the initial $10 pullback had already happened. much like nature abhors a vacuum, markets abhor a parabola. They can't be sustained. On a price vs. time chart, parabolas are the visual representation of a mania. Click here to sign up for D.R. Barton, Jr.'s twice-weekly 10-Minute Millionaire and get a lookat some other recent market parabolas and what you can do (and a few things you shouldn't do) when these come about.
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