|Delta Web Site, 26 Aug 16|
When matched with Marc Faber's prediction, a rather safe one, of a 50% drop in stock prices, this is a great time to start up a business.
"The fact is, the market hasn't really been driven by genuine buying, but by stock buybacks, takeovers and acquisitions, and market leadership has been narrowing. It's not that many stocks that have been making new highs. It's quite a narrow growth of stocks that have been very strong," he said.But it's so scary out there! Perhaps, but here is an odd fact: the more the general population fears initiative, specifically business start up, the more people start up. That is to say, there is a subset of people who see opportunity in change. They may too fear it, but they get going.
In fact, market breadth has broadened substantially, and as of Monday's close, 48 percent of the
within the S&P 500 have made 52-week highs within the past three months; 6 percent made 1-year highs on Monday alone. stocks
The lower line is the start up nation, no more than 10% of the population at any given time, and no less than 5%, representing the act of starting up businesses. To move from 5% to 10% is a 100% increase in start up activity. The upper line is the attitude of the general population toward starting up a business.
(<http://www.gemconsortium.org/data/key-indicators ...you may create this and many other graphs, update them for the day you read this, for any country you like) >)
If and when you want an organized approach to start up in small biz int'l trade, on the upper right there are links to courses I offer.
Feel free to forward this by email to three of your friends.