Why We Just Sold Half of Our Stocks

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Embed-Chart-Federal Reserve, ADVISORY

CORA LEWIS
September 18, 2024

FEDERAL RESERVE -- Chart. This AP digital embed chart shows the benchmark federal funds rate since 2003, including the Federal Reserve's decision Wednesday to cut the rate by a half-point, the first cut since 2020. This chart is current as of Sept. 18, 2024, and will be updated as events warrant. Sources: AP reports; Federal Reserve Bank of St. Louis.

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<iframe title="Federal funds rate" aria-label="Interactive line chart" id="ap-chart-8RHIM" src="https://interactives.ap.org/embeds/8RHIM/13/" scrolling="no" width="100%" style="border:none" height="428"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(e){if(void 0!==e.data["datawrapper-height"]){var t=document.querySelectorAll("iframe");for(var a in e.data["datawrapper-height"])for(var r=0;r<t.length;r++){if(t[r].contentWindow===e.source)t[r].style.height=e.data["datawrapper-height"][a]+"px"}}}))}();</script>

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