In times like these when you cannot get away from topics such as the debt limit, credit rating downgrades, European fiscal malaise, and words of a double-dip recession, it’s helpful to turn to some perspectives that focus more on the big picture than the attention grabbing headlines.
Today Bill Gross of Pimco released a thoughtful overview of four factors that will shape the way the U.S. is able to handle its debt obligations in the future. At the conclusion of the article he also provides some general strategic guidance for investors.
Wells Fargo’s weekly economic commentary is a great source of general economic information. While most of the information is historical, the commentary is laced with some general guidance in terms of what you should expect in the market in the not so distant future. Reports like the one linked are refreshing because they are not filled with sensational headlines.
Hussamn Funds is a good place to turn to for another broad-based economic perspective that’s provided on a weekly basis. The commentary by John Hussman is typically filled with a variety of economic and investment information. It’s another place to ground yourself better in terms of where we are at and where we’re likely headed.
I know that as an individual investor market jitters will take a tole on you when you see the market rocked over and over. It seems to me that the older I get the less jittery I am. Nevertheless, when things go off course, it’s important to do the best you can to figure out what’s causing the boat to rock. In doing so you will be in a better position to protect what you currently have invested and know where you might be best positioned to pounce when the financial tremors stop.