Wait - This is STILL Going On?

More uncertainty. [Unsubscribe]( [Image] [Image] Weekly Market Update Today is May 19, 2023 Dear Reader, Hello again and Happy Friday! Well, not so much a happy Friday for all the politicos involved in the debt ceiling negotiations. I know you’re scratching your heads, as am I. This is still going on? What’s hindering an agreement is not a huge surprise. It all comes down to politics, not our country’s financial health. Bill Spencer Editor-In-Chief True Market Insiders And contentious party dissent runs deep in Congress. Democrats want the debt ceiling to be raised without any conditions attached. Republicans are demanding spending cuts as a condition for raising the limit. And to add salt to this debt ceiling wound, Federal Reserve head Jerome Powell today indicated that the decision to pause or continue raising rates in June would still be a close call. In other words… More uncertainty. And it’s not a happy Friday for the markets either. Investors are reacting negatively to this fear of the unknown. When there is good news, the market moves higher and when there is bad news, it moves in the opposite direction. Unfortunately, it also moves down in the face of uncertainty. Intraday, the markets look like this: And the hits keep on coming… Retailer Foot Locker reported quarterly earnings this morning and it wasn’t good. It disappointed on profit and its full-year revenue outlook. Management cited a tough macroeconomic environment taking a toll on sales. Shares are being punished and are down 25% today. All-in-all this news is foreboding for the retail sector in general. And the sour after-taste of the March banking debacle is still with us. Investors are wary of investing in the sector as are customers of putting their hard-earned money into them. In fact, some analysts see March’s events pushing us into a recession.   Join Tobin Smith’s exclusive event going live on Tuesday, May 23, at 4 p.m. eastern time - sharp. [Sign up right now, right here:](   But of course, it could go the other way. But as I said before, not knowing is just as bad as knowing with certainty that we’re headed there. Broad market investors don’t bet on an unknown outcome and we end up in bull territory. The good news is that there are ways to invest in these uncertain times, make money, and even create generational wealth. But the key is to not focus on the S&P 500. There are other stocks in lesser -known pockets of the market, ones that aren’t so obvious to the average investor. This “secret sauce,” if you will, was created by someone who has been finding these pockets for over 30 years. His name is Tobin Smith and he’s bringing a new perspective and a new investing game plan to our business. He’s a Wall Street veteran who’s seen it all. The up times, the down times, the uncertain times, Wall Street bailouts, energy crises, the dot com bubble, housing bubbles, hyper-inflation, recessions, Covid, Black Monday, the list goes on and on… He curates a sprawling network of experts and industry insiders whose intel he relies on to aid him in his investing process. And he’s on the True Market Insiders team. What he brings to our table is a talent for sniffing out what he calls “transformative moments” that are often missed by Wall Street. As he says, “Think of transformative moments as moments where the market fundamentally changes…” “And in the process, creates billions of dollars of new wealth for those aware of it…and are early.” And his track record speaks for itself. He bought Amazon at $2.46. He got into Moderna at $55, before the Covid vaccine was launched. The list of trades like this is mind-boggling. And Tobin is proud to talk about them because as he says, ”It ain’t bragging if it’s true.” But you should meet him for yourself, which you can. Because he wants to talk about the American retirement – how you can preserve AND build it. And aim for true generational wealth in this scary, uncertain market. He knows how to do it. He’ll be hosting a FREE, LIVE webinar next Tuesday, May 23rd. He’s calling it “Reclaim Your Retirement” and you don’t want to miss it. [Click here to reserve your FREE seat.]( Thanks for reading, and have a great weekend. Bill Spencer Editor-in-Chief, True Market Insiders [Here’s How to Play a $1,300 Stock for Just $41]( [How to Kick the Taxman’s Ass]( [Here’s the PERFECT Bullish A.I. Play](   [True Market Insiders' Portfolio Track Record] You can [change your preferences here]( DISCLAIMER ©2023 by True Market Insiders, LLC, Protected by copyright laws of the United States and international treaties. 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