I don’t have a coherent post this week. With the markets in turmoil I’ve been putting together a list of things to think about for investors including buying an ETF that goes up when the S&P goes down (NYSE:SPDN). Complex pros and cons to this and I’ve also been looking at indicators I’ve discussed before in my Boom & Doom posts.
The Indian grannies gathering interest at 6.5% (the Reserve Bank of India rate) in their savings accounts suddenly look like geniuses compared to their wheeler dealer grandkids. The Indian markets are down about 12% since August.
I’m happy to chat to any readers on the phone about my findings. If there is enough interest I could put together a webinar.