Lessons From My “Trial by Fire” Moment During the ’87 Crash

[Inside Wall Street with Nomi Prins]( Welcome to Inside Wall Street with Nomi Prins! It’s the only daily newsletter featuring the insights of renowned author and former Wall Street insider, Nomi Prins. Every day, Nomi shines a light on a massive wealth transfer she calls The Great Distortion. That’s the true cause of the permanent disconnect she sees between the markets and the real economy. And she shares ways you can come out ahead, if you know where the money is flowing. You’ll find all Nomi’s Inside Wall Street issues [here](. If you have questions or comments, send Nomi a note anytime [here]( or at feedback@rogueeconomics.com. Lessons From My “Trial by Fire” Moment During the ’87 Crash By Nomi Prins, Editor, Inside Wall Street with Nomi Prins I stopped in New York City on my recent travels, and I got a little nostalgic. I headed down to the place where I began my career on Wall Street in Downtown Manhattan. See, when I was 19 years old, I got a job as an analyst inside 28 Liberty Street. Back then, it was called One Chase Manhattan Plaza. It’s a stone’s throw away from the New York Stock Exchange, and from the New York Federal Reserve Bank. That’s the most powerful bank in the Federal Reserve System. Why? Because it enacts all the policies that the Federal Reserve Bank in Washington, D.C. sets. [image]Nomi visits One Chase Manhattan Plaza, where she started her 15-year career on Wall Street [image]At the New York Fed, just a stone throw’s away from Nomi’s old office at Chase Manhattan Bank Recommended Link [Reclusive trader scores 20 straight years of winning trades. Here’s how]( [image]( He had 20 straight years of winning trades without a single losing year that put his hedge fund in the top 1% of Barron’s rankings. This year, he was one of the few experts who accurately predicted the 2022 stock market collapse. While most folks lost money, he showed those following his work how to avoid the carnage and profit from it. His secret? Keeping it simple. [Watch his debut video here.]( -- But here’s a story… Right after I started working at Chase, we had the 1987 market crash. To me, it was trial by fire. [Featured: Do Recession-Proof Stocks Exist???]( There was tension at Chase, and all around Wall Street in general. And there was a lot of drinking… But my boss told me something very important back then: Markets don’t care about how you feel. They’re going to be choppy. But they’re also going to be resilient. The key is to maintain your strategy and remain calm. Recommended Link [[DEMO] Penny or Dollar? (Not what you expect)]( Something odd is going on with our money. If you understand what’s going on, you could come out far ahead if you make the right moves. But if you don’t, you could be blindsided in the days ahead. According to Nomi Prins, PhD, this could be the most important story in the financial world in 2022… It has little to do with stocks, bonds, or cryptocurrencies… In fact, it all traces back to the humble copper penny. [image]( Knowing this secret could unlock the key to lining your pockets with cash in the months ahead. [Click here to see Nomi’s short Demonstration.]( -- The Fed’s Hidden Mandate The markets have been choppy for many reasons, as I’ve been discussing with you, and as I’m sure you know. One of the main reasons, outside of the war in Ukraine, is uncertainty about what the Fed will decide to do with interest rates… And what it’s going to do with its massive $9 trillion book of assets. But veteran traders know that markets bounce back. They trust that the Fed has their backs. You know why? Because it always has. [Featured: Dr. Nomi Prins: “Musk spent $10 billion on these. This is bigger…”]( As I’ve been telling you, the Fed must navigate inflation. But it also doesn’t want to upset the markets too much. Remember, in 1977, Congress gave the Fed a dual mandate: to ensure full employment and price stability. But the Fed also has a third, hidden mandate: to protect the markets. That is the very crux of The Great Distortion – the permanent disconnect between the markets and the real economy. It’s why, since the 2008 crisis, the markets have outperformed the real economy by miles. It’s also why, as I’ve showed you in these pages, the [Fed will have to start walking back its hawkish stance pretty soon](. Recommended Link [Bear Market Expert Reveals His #1 Stock for November 2022]( [image]( “I went from the brink of bankruptcy to wealthy – thanks to one type of stock” [Get his top pick here.]( -- What This Means for Your Money Today, I want to discuss how the lessons from my time on Wall Street helped me navigate the Fed and the markets. And how they can help you. First, again, I get that things are choppy. Among other things, markets have been on edge about this year’s rate hikes. The Fed and other central banks have been [walking this line]( between raising rates by enough to be perceived to be fighting inflation… But not so much that they jeopardize the markets or especially Wall Street past the point of no return. See, the relationship between Wall Street, the Fed, and the markets is super cozy. It’s steeped in history from the inception of the Federal Reserve in 1913. And don’t forget, Fed Chair Jerome Powell cares about his stock portfolio, too. So no matter how bad things have gotten this year – and how much more choppiness might be ahead – remember that [the markets do ultimately prevail](. They’ve got support. So [keep calm and carry on](. We will continue to guide you through our five sectors – New Energy, Infrastructure, Transformative Technology, Meta-Reality, and New Money. And we will continue monitoring for the optimal investment times in these choppy market conditions. But know this: I see this period of Fed policy uncertainty as a strategic buying opportunity in the midst of all of this other global turbulence. Happy investing, and I’ll be in touch again soon. Regards, [signature] Nomi Prins Editor, Inside Wall Street with Nomi Prins --------------------------------------------------------------- Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Inside Wall Street Feedback). --------------------------------------------------------------- MAILBAG Last week [Nomi wrote about the FTX collapse]( and what it could mean for Bitcoin investors… And [yesterday]( we heard from crypto-expert Teeka Tiwari that this is not a crypto problem; it’s a corporate greed problem. One reader responded in heavy support of Bitcoin, claiming it is “the untouched digital gold”… I’d like to thank you for your efforts in getting this type of info out so quickly. I appreciate your outlook. And I am very much with you on sentiment. I have not lost faith at all in Bitcoin. Bitcoin is something different than what people see as the “cryptocurrency” exchanges. Bitcoin is crypto. It’s the sound, hard money you can’t mess with. It’s true decentralized finance (DeFi). If people used Bitcoin the way it was intended, along with these other crypto tokens, in the true DeFi space, there wouldn’t be any possible way for these FTX, Celsius, Voyager, Ponzi schemes to take place. Bitcoin in and Bitcoin out transparently on a public ledger for all to see. Regulators and governments are saying DeFi is dangerous?! Look at what centralized regulated exchanges have done! The same thing traditional banks have always done and still do! It’s nonsensical! What a joke! Bitcoin will prove its worth. Eventually once the dust settles, Bitcoin will emerge as the untouched digital gold that can back a global economy. – Noah A. Will Bitcoin emerge as the “untouched digital gold that can back a global economy,” as Noah suggests? If you’re a veteran trader, do you have faith that the markets will “bounce back”? Write us at [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=RE: Lessons From My “Trial by Fire” Moment During the ’87 Crash). IN CASE YOU MISSED IT… [Wall Street Legend Uses ‘Odd Secret’ to Triple His Investment in 8 Days]( Triple your retirement in just 8 days? Sounds crazy, right? Yet one millionaire trader is doing the unthinkable, time and time again. Check it out… [373% Gain | 8 Days | $75 Investment]( Stay-at-home trader Jeff Clark is nailing wins of 373% in as little as 8 days… Turning every $1,000 into $4,730! Jeff is now coming out of the woodwork to reveal his controversial ‘ONE STOCK’ strategy. [Allowing anyone to collect massive, quick, and cheap returns in ANY market (up OR down).]( All by simply trading ONE stock… ONCE per month… [Click here]( to find out how you can profit (in any market) starting today. [Click Here to Watch a Live DEMO.]( [image]( Get Instant Access Click to read these free reports and automatically sign up for daily research. [An Insider’s Guide to Making a Fortune from Small Tech Stocks]( [The Trader’s Guide to Technical Analysis]( [The Ultimate Guide to Taking Back Your Privacy]( [Rogue Economincs]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [www.rogueeconomics.com]( [Tweet]( [TWITTER]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Rogue Economics welcomes your feedback and questions. 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