Effect of millennial spending
Another factor on continued growth is the impact of a large group of millennials, who are poised to increase both spending and investment as they enter their prime earning years. This infusion of spending would put more gas in the tank leading to a prolonged economic recovery that continue to show no signs of ending.
There are currently mixed signals on the economy. Traditional measures and policy may no longer be applicable for modern-day conditions. All signs point to an expansion that can continue to grow in an environment of stable low interest rates. The Fed has clearly indicated that its policy will remain accommodative to future economic growth.
Small-cap winners galoreThe big stock market winners share one common attribute: Near the beginning of the ascent of their shares, the companies offer revolutionary products or services, are market leaders in their respective industries, or both. Some big stock market winners that possessed the attributes outlined above are Netflix (NFLX), which we recommended to investors in October 2002; Intuitive Surgical (ISRG), which we bought and recommended in July 2004; Baidu.com (BIDU), which we bought and recommended in August 2006; and MercadoLibre (MELI), which we recommended to investors in October 2010. Get up-to-date small-cap stock picks from David Frazier, editor of Small-Cap Profit Confidential.
Smarter cryptocurrency investmentsThe stock market crash of 2008 was the catalyst for his journey into alternatives. And interestingly, it was the impetus behind the creation of Bitcoin and the blockchain technology behind it. Keene Little wasn’t ready to risk his money yet but he was very curious, so he began charting Bitcoin’s technical patterns. What finally convinced him to dip a toe into digital currencies was seeing that they followed familiar price patterns that could be analyzed and successfully acted on. Now he shares those insights with subscribers to the Crypto Wealth Protocol.