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I always enjoy Fritz
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Great - as always. Fritz - and these webinars help keep me grounded in the FUNDAMENTALS that (at least currently) remain VERY positive. Amazingly - most of the financial soothsayers + financial media - always looking to highlight the negative (as it makes for a better story) - are seemiongly looking for the market to crash + burn - while it grudgingly goes higher. Studying the fundamentals - as outlined so well by Fritz - we + our clients are winning the loser's game of investing for the long-term.
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I always enjoy Fritz's take on our economy. I also realize that the US is only 40% of all equities available to invest in the world. What happens in span or Europe will effect our economy Same for Emerging markets and China. We are the only bright spot in the world right now but everything else that is negative can come back to bit us in the ass so to speak.
Did you know that the FED lent 17 Trillion to banks in 2008-2009 many of which were overseas banks and no one knew this . read the GAO report WOW