Ignore the Financial Media… Now is the Time to Prepare

“Buy stocks! It’s a great opportunity! They present great value.”

This is the non-stop mantra espoused on financial media. It’s simply astounding given that

1) Everyone with a modicum of sense knows stocks are in a bubble

2) Financial media viewership is plunging to multi-decade lows (you think they’d consider changing the content?)

Here are a few thoughts no one in the mainstream financial media seems to address.

First of all, corporate insiders are dumping shares at a pace not seen since 2000.

That’s correct. The folks who know more about their companies and future growth prospects than anyone in the world are unloading their shares as quickly as possible.

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