Dubai heat means lots of time indoors to keep track of the markets…
And here’s my big Federal Reserve takeaway:
Fed going to bankrupt some big cos with its hikes.
– 20% of America’s largest 3,000 public companies are zombies
-debts totaling $900 billion
– 16% of all US firms according to one Morgan Stanley calculation.https://t.co/5SOHBj1U88
— 🇺🇸Paul Mampilly (@MampillyGuru) June 13, 2022
Here’s the good news.
While our stocks have been hit first, in truth the old-line companies will feel interest rate hikes the most.
Their America 1.0 stocks are supported by unsustainable buybacks and dividends funded by debt issued at low interest rates.
The bigger the break, the bigger the washout, the more sustained and prolonged the bull market that comes after.
That’s because stock concentrates at low prices in the hands of people who will not sell just because of volatility and uncertainty.
They are the Strong Hands.
They are YOU.
And I fully, unapologetically, 100% believe that you’ll come out on top. And win BIG.
#BOP (bullish, optimistic, positive)!
I’ll be back with your regular YouTube video updates soon! I’m on the last leg of my trip. Can you guess my last stop before home?
Send in your guess here:
Where in the world is Paul Mampilly?