Financials Matter

"It's Not Just About Finance"

The Proof Is In the Pudding …

Most people believe there is a saying: “The Proof is in the Pudding.”  But in reality, the saying goes “The proof of the pudding is in the eating.”

It may seem like a minor thing but there’s a huge difference in its application.

 

Example:  Someone might say about the economy, “The stock market going down (the Pudding) and it’s because of the economy (Proof).

But the truth is the economy doesn’t always drive the stock market.

Therefore, there’s no proof in that pudding.

 

And the reason most investors get the wrong signals from the market is they fail to take into consideration that there’s a world outside of ours.

They assume that because Europe, Asia, China, Russia, etc., is having economic problems then we’re going to have problems as well.

 

And do you remember earlier this year (March) when everyone cried that we were at the beginning of the next big market crash* in America.

(* Note:  The S&P closed on Friday at 4,505.  And in March it was 3,970. That’s …a whopping 13.5% increase.)

 

Again, there’s no proof in that pudding about the economy causing the markets to go down.

 

So why aren’t the markets crashing?

 

Maybe it’s because no one believes Bidenomics is working. (Understandably so)

 

Or maybe, everyone gobbles up the gloom and doom BS to justify their decision making (or lack thereof) in a volatile market.

 

Or maybe, Just Maybe it’s a result of one of our favorite sayings: “The markets move in the direction that frustrates the most investors.”

 

In the Pudding

 

 

As we said earlier, the correct saying is:  “The Proof of the Pudding is in the Eating.”

 

So, how does that apply to the markets?

 

If you are participating “in” the markets (Pudding) you eventually see the proof of your decisions.  And by participating you are “eating” to determine how you have chosen to invest.

 

Let’s compare this to Bidenomics.

 

No one in their right mind believes O’Biden’s economic policies are working.

And yet, his handlers write scripts for him to convince you they are working.

 

But, as is the norm, Dementia Joe doesn’t even read the scripts.

Instead, he rambles off on a tangent (like his recent speech in Maryland) about how he was raised by a Puerto Rican Jew, or how Blacks and Hispanics can’t get high school degrees.

 

And then the bought-and-paid-for Presstitutes cover for him and quickly change the subject.

 

Get the picture?

 

The point is, don’t be frustrated by the markets or what the Boyz in DC are saying.

 

Instead, learn how to prosper AND thrive regardless of what political party is in charge (HERE).

 

And understand that the volatility we’re seeing brings about opportunities of a lifetime.

For those with ears to hear.

 

So, fine tune your hearing and prosper in Turbulent Times (HERE).

 

Share this with a friend…especially if they’re feeling the pinch of Bidenomics.

They’ll thank YOU later.

 

And tell them:

 

We’re Not Just About Finance.

But we use finance to give you hope.

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Invest with confidence.
Sincerely,
James Vincent
The Reverend of Finance
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