âThe most important quality for an investor is temperament, not intellect.â [Unsubscribe]( [Wiggin Sessions] August 08, 2022 Getting Your Ducks In A Row âThe most important quality for an investor is temperament, not intellect.â â Warren Buffet [Addison Wiggin]Dear Reader, I suppose the question is not if, but when. The bell rings recession. Some people dare not even whisper its name – the R-word! The R-word! – for fear of speaking it into existence. Others say we’re in deep already, and Biden put us here. The fact that we’re all talking about it around a dinner table at a fine dining establishment… means it can only get worse. Perhaps, the air is thick with apprehension. But generally, the kids are alright. That is the nature of fear and crowds. It is so dependent on how other people feel. If you’re afraid, then I’m afraid. The stock market opened high today as the folks on Wall Street look to build on three weeks of gains. It seems we have caught a second wind. Naturally, we continue to pull out our credit cards and spend our way through the “recession.” And that’s the issue isn’t it. The distraction of consumerism has created a type of attention deficit disorder. Wall Street, big and shiny, continues to wow us with its resilience. Hence, the mixed messages from the White House: [Click here to learn more]( Those of us with our ducks in a row are laughing at everyone blowing bubbles. Joel Bowman, at [Bonner Private Research]( on the R-word, or whatever we choose to call it through a mouthful of chicken: In the end, honest people will decide for themselves the weight of a word and whether they are being deceived by their self-serving leaders. It is during these times we call to mind the words of Mr. Thomas Jefferson: “It is error alone which needs the support of government. Truth can stand by itself.” More to come this week, on how to navigate this uncertainty with [Lifetime Income Report’s Zach Scheidt](. Keep an eye out… And please, for God’s sake, don’t panic. So it goes, [Addison Wiggin] Addison Wiggin
Founder, The Wiggin Sessions P.S. My friend Jud calls the new $370billion dollar bill signed by Senate Democrats – designed to move the country away from fossil fuels and toward solar, wind and other renewable energy sources – a mini Build Back Better. Jim Rickards, not one to mince words, calls it “[Build Back Worse]( Cleverness out the window: what Biden terms “wealth creation” is nothing more than another attempt at blowing a new bubble. Call it “wealth destruction,” rather. --------------------------------------------------------------- Ex Goldman Managing Director: âStocks are completely disconnected from reality!â [Click here to learn more]( Former Goldman Sachs Managing Director Dr. Nomi Prins spells a new prediction in [her latest interview]( on C-SPAN. She says there’s a strange phenomenon “distorting” America’s financial system from Wall Street to Tulsa, Oklahoma. If you have more than $1,000 dollars in the bank, this could be the most important interview you see in the next 60 days. [Watch her bombshell prediction for America’s economy by clicking here.]( Ed. note: Got something to say? Send your feedback to The Wiggin Sessions, [here.](mailto:WigginSessions@5minforecast.com) Follow the Wiggin Sessions on Social Media! [Facebook Group]( [Twitter]( [Instagram]( [YouTube]( [LinkedIn]( [The Financial Reserve]The Wiggin Sessions is committed to protecting and respecting your privacy. We do not rent or share your email address. By submitting your email address, you consent to Consilience, LLC. delivering daily email issues and advertisements. To end your The Wiggin Sessions e-mail subscription and associated external offers sent from The Wiggin Sessions, feel free to [click here.]( Please read our [Privacy Statement.]( For any further comments or concerns please email us at support@5minforecast.com. If you are having trouble receiving your The Wiggin Sessions subscription, you can ensure its arrival in your mailbox by [whitelisting The Wiggin Sessions.]( © 2022 Consilience, LLC. 808 Saint Paul Street, Baltimore MD 21202. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Email Reference ID: 400WIGED01