Why Are Stocks Up If The Economy Is Slowing Down? | Nick Colas
Wealthion - Be Financially Resilient
Lessons from a Successful Trader
This chapter discusses the experience of working with a highly successful trader, emphasizing the importance of simplicity in trading and the significance of lows and highs in stock prices. It also highlights the role of intuition in trading alongside knowledge and analysis.
The stock market is not the economy. It’s always looking 6-12 months out, trying to predict what is going to happen next. Meaning, the markets predictions could be right at times, but it can also get things wrong.
Nick Colas, the Co-Founder of DataTrek Research joins Eric Chemi to explain how the markets are reacting to the current economic weakness, why stock prices may be going up, and how to invest in this economy.
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#marketprediction #recession2024 #bullmarket #nickcolas
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IMPORTANT NOTE: The information, opinions, and insights expressed by our guests do not necessarily reflect the views of Wealthion. They are intended to provide a diverse perspective on the economy, investing, and other relevant topics to enrich your understanding of these complex fields.
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