Stocks to Watch in Q3 2020

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Midas Letter

The Digital Businesss Channel for Cannabis, Crypto and Technology Stocks.

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.

The Federal Reserve System (FRS) is the central bank to the U.S. government. Their main function is to set monetary policy to uphold a dual mandate: a) keep employment steady and b) maintain a healthy inflation rate of around 2% per year. How would you say they are performing on those economic measures? (rhetorical question)

Since 2008,  the fed has failed to hit that 2% objective. Usually, the monetary tool used to maintain that steady inflation rate is interest rate manipulation. However, since the fed no longer needs to hit that 2% target every year and instead need to keep an “average” inflation rate, there are simply no ramifications for the fed to ever touch interest rates.

What does this mean for investors? Interest rates will remain low, allowing for the rising prices in the stock market – as long as money keeps on getting printed…

Should you embrace this new monetary normal by ignoring economic data and solely focusing on the stock market? We think not, but at the time being, it does allow for HUGE gains in the stock market.

Watch the full interview to see which stocks could take advantage of this “modern monetary theory”.

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.