Tue, 4 February 2014
Welcome to another edition of PowerTalk. I’m your host Chris Versace, editor of the investment newsletter PowerTrend Profits and portfolio manager of the Thematic Growth Portfolio at Fabian Wealth Strategies, and these are my 1-1 conversations with the movers and shakers in the business world that take you behind the scenes and in the know. Be sure to check out ChrisVersace.com for more on PowerTrends and past editions of PowerTalk as we'll as FabianWealth.com for more on my Thematic Growth Portfolio.
It’s been a rough time of late - questions are being raised about growth prospects, both for the global economy and the stock market. We’ve had more companies issue negative outlooks than we have had in some time while the latest round of economic data has been weaker than expected. All of this has taken a toll on the major stock market indices leaving the Dow Jones Industrial Average down over a 1,000 points from where it was just two weeks ago. Also down big are the S&P 500 and the Nasdaq Composite Index. At times like these I’m looking at investment opportunities that solve looming pain points be it in cybersecurity, drought, or other areas. You can sit back and be frustrated or you can look at the situation with the glass half full and look for opportunities that will bring you long-term profits.
Joining me today on PowerTalk is a person who really needs little to no introduction. He’s an anchor on Fox Business as well as a New York Times best-selling author. That’s right, today I’m talking with Loud Dobbs!
Many of you know him from Lou Dobbs Tonight, where he dissects the latest on politics, the economy, business and other topics. We’ll be touching on a number of those topics on PowerTalk today as well Lou’s new book - Upheaval.
With the tag line “winning back the country with knowledge that empowers, ideas that matter and solutions that work” you know it’s going to not only be a timely read, but since its from Lou Dobbs it’s a great one as well. Full of facts and figures that will probably surprise you and challenge at least some of the conventional thinking that you’ve been programmed to believe.
It was a pleasure talking with Lou, he’s both a gentlemen and a scholar. More importantly, his viewpoint is similar to the one I was talking about a little while ago — not just the glass half full, but one that looks for answers and solutions to the problems we face….solutions to the coming upheaval.