I called the 2008 meltdown...

Don't ignore these warnings

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Editor's note: At Economy & Markets, we keep an eye out for opportunities we believe you, as a valued subscriber, will want to see. Below is a message from my colleague J.C. Parets. Please note that his opinions may differ from what you read in Economy & Markets. Dear Subscriber, Early in 2008, I saw all the signs building in the charts I review every week… We were entering a bear market… and it was going to get ugly. My mentor, Josh Brown of CNBC fame, gave me credit for calling that meltdown before anybody else.  Anyone that followed my warning back then could have been spared as much as a 50% drawdown in their portfolios… And considering it took until 2011 to get back to the 2007 market highs that was a retirement-saver for some. Then, it happened again late last year. My proprietary strategy started highlighting one chart after another rolling over… And I reminded my readers that “cash is a position too.” One of my readers was glad I did: “Thank you! I put my 401k in money market bonds three weeks ago, along with my wife. You’re talking $345k. You probably saved me 34 grand!” Ken R., October 2018 Now I’m not saying it was time to start stuffing the mattresses full of cash… But when I see all signs pointing DOWN… it’s time to pay attention. So where do I stand on the markets right now? And what am I predicting next? To find out those answers and more… click here. J.C. Parets

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