As part of the transition to the new Straight-Up Profits newsletter, I’m going to be doing something a little different on Mondays.
From now on, I’m going to start the week off by alerting you to the biggest distraction in the market for the week to come. This will be what’s grabbing all of the headlines that the “Big Four” hope will take all of your attention.
But once you know where they want you to look, you’ll be ready to overcome the sleight of hand and reap the real rewards.
This week’s biggest distraction is the outbreak of a new strain of coronavirus in China. And a big distraction it is…
From a regional perspective in Asia – it is a major issue. The number of confirmed cases jumped ten-fold over the weekend.
The news is following every development, and markets took a tumble last week and this morning. All of the gloom, doom, and panic, is enough to make you want to pull your money out of the market and run for cover.
D.R. Barton, Jr.