The Commerce Department threw investors for a loop after it forecast GDP growth to shrink 1.4% in the first quarter.
Frankly, I was shocked!
Commerce cited inflation, trade imbalances and supply chain disruptions as the catalysts behind negative GDP growth. The supply chain disruption from China’s COVID-19 lockdowns, they say, could trigger a recession here at home.
Thanks to such fearmongering, I know folks are worried that a recession is on the horizon. But the reality is that there is no reason to worry… about a recession at least.
In the video below, I answer one of your questions about the possibility of a recession by sharing the signs that are pointing to a healthy U.S. economy. To see why I believe the U.S. will likely skirt a recession – and to sign up for my upcoming The Great American Wealth Shift special event – just click on the video below.
Even if a recession were on the horizon (which, again, it’s not), there would still be strong investment opportunities out there. As we talked about yesterday, it’s all a matter of following the money flows.
If you’re not sure how to, don’t worry. I’ve got you covered.
In next Tuesday’s The Great American Wealth Shift special event (sign up here), I’m going to dive into exactly what “money flow” is and the system I use to track it.
We go live on Tuesday, May 24, at 4 p.m. Eastern time.
During the event, I’ll explain to you how to follow money flow… and how to find the types of stocks that can see incredible gains as a result of those flows.
I’ll also share one of the top stocks I see a lot of money about to flow into AND the No. 1 stock I see a lot of money flowing out of in the near future (one you’ll surely want to avoid).
The Great American Wealth Shift is scheduled for next Tuesday, May 24 as 4 p.m. Eastern time. You’ll want to block off an hour so you don’t miss a thing,
P.S. Remember: We go live at 4 p.m. Eastern time sharp next Tuesday with The Great American Wealth Shift event.