A Light At The End Of The Tunnel? 🌟

Did you know that during the Great Depression, the U.S. stock market began its recovery well before the economy showed signs of improvement?

This historical tidbit reminds us that the market always keeps moving, even if the effects of that movement don’t always become clear until later.

In this edition of our newsletter, we’ll be discussing the following:

• Climbing The Wall Of Worry: First, we’ll discover how the bull market has made a surprising comeback, in spite of the doom and gloom from the market experts 🧱

• The World Wants Israel To Surrender To Terrorism. Thankfully, That Won’t Happen: Next, we’ll explore how Israel’s stand against terrorism, despite pressure from other countries to surrender, may prove to be crucial for geopolitical peace ⚔️

• Who Is Better: Biden Or Trump: Finally, we’ll be critiquing the impact that the President has on the market 🏛️

Each article in this edition not only provides a snapshot of current economic and geopolitical climates but also offers a perspective that challenges conventional wisdom.

Climbing The Wall Of Worry 🧱

The bull market is back!

The S&P 500 has rallied nearly 40% since its low set on October 12 of 2022 🐂

Who saw this coming?

As human beings, we are hardwired to see the world as a glass half empty.

On top of that, we all have some PTSD due to the many market meltdowns most of us have lived through.

And of course, the experts are human beings as well and are prone to the same emotional responses 🤯

It’s no wonder that JP Morgan President Jaime Dimon has been warning everyone to hunker down because storm clouds are on the horizon.

Ray Dalio wrote a book about the coming crisis, and said the best opportunities were in China.

Famous hedge fund manager Paul Tudor Jones warned that the world might be on the brink of World War III.

There is no need to point fingers, worry is natural.

Because of all of the dire predictions, there is $8 trillion in cash sitting in money markets and CDs as the market keeps climbing that wall of worry 📈

The World Wants Israel To Surrender To Terrorism. Thankfully, That Won’t Happen ⚔️

Just as Israel is a step away from thoroughly defeating Hamas, the entire world is calling for Israel to engage in a ceasefire, to embrace a two-state solution, anything to forestall a total victory.

Hamas does not hide its genocidal ambitions of exterminating the Jews of Israel 💥

They not only shout it from the rooftops, but they have done their very best to put their goals into action.

The slaughter of 1,200 Jews on October 7 and their pledge to do it repeatedly is well known.

Yet the world pretends otherwise.

The crowd is so often blind, and the herd can be dangerous.

It’s not so hard to have clarity, but it does require some courage 💪

We should all hope that Israel maintains the courage to stand up to the pressures of the world and finishes off Hamas.

Our security depends on it 🛡️

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Who Is Better: Biden Or Trump? 🏛️

Four years ago, who would have imagined that these two octogenarians would be back at it again in a race for the presidency?

You would think we could do better.

Fortunately, history shows that the economy and the stock market can thrive even with a suboptimal president at the helm 📈

Inner Circle Macro Update 🔍

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