Ep. 464: The Next Brexit with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Trend Following
This is the worst period I recall since I've been in public service. There's nothing like it, including the crisis. Do you ever think you're going to see interest income again? That has been permanently taken away,. This has all been a stealth tax to eliminate your principal. 50% of Americans don't have $1 in the bank. The Japanese stock market is still 50% down from its 1989 high. Trend following is going to be there making money. Don't get caught up too much in the crisis of the day to day. There's going to be another big event. They're not going to stop.
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Transcript
