Archive Category: Green Zone Fortunes Updates

In this week’s video, I answer several of your questions ranging from Federal Reserve-backed cryptocurrency and buying puts to the real-life implementation of lithium batteries in an off-the-grid wildlife community in Mexico. I share how I see our Green Zone Fortunes portfolio adapting to a recession that could come as early as January 2023 — if it isn’t here already. I also explain why, despite being down since I recommended it, I don’t believe there is any cause for worry for Enterprise Product Partners (NYSE: EPD) even while the market circles the drain. A reader wrote in asking about buying puts in a down market. My answer to his question may help you understand why I am not a fan.

Bear markets don’t make investors money. Bull markets do. That’s why every Joe and his uncle can’t wait for the next bull market to begin. I’m right there with them … with you, that is! So even though I’m planning on a “longer and lower” bear market scenario … I’m also keeping an open mind to the possibility that the end of the bear market is coming sooner than later. My team and I remain committed to following our process regardless.

Log In Enter your username and password below USERNAME OR EMAIL PASSWORD Forgot Password?Register Remember...

We’re still in a bear market after recent rallies petered out. The S&P 500 is back to 20% off its January highs. The most optimistic of bullish investors are already calling the bear market over. They expect new highs by early next year, if not sooner. But the base-case scenario I’ve been planning for is a “longer and lower” march down. I’m not a pessimist. I consider myself a cautious optimist … but numbers don’t lie. A majority of the price trends across global markets are pointing down.

As a major exporter of natural gas to Europe, Russia believed it could do whatever it wanted in Ukraine with minimal consequences. It bet that Europe wouldn’t risk angering the Russian bear and having its gas supply cut off. But then, a funny thing happened. Ukraine didn’t fold like Russia expected it to. It fought back … forced Russia into an apparent stalemate … and convinced Europeans to buy their gas elsewhere. There’s no going back at this point. Even if Russia were to retreat across the border with its tail tucked between its legs, Europe cannot tolerate the possibility of the hostile regime next door holding its energy supply hostage. This pressure led the continent to double down on its efforts to go green.