American Consequences - June 2017

• Interest rates are still near multi-generational lows – which should help fuel the economy and help drive stock prices and house prices higher. • Everyone who wants a job can get one. The unemployment rate is extremely low at under 5%. • Everyone who wants a home can get one (except in California and New York City). You can borrow money at around 4% for a

They’ve also hit new all-time highs since Donald Trump won the presidency. And all of this makes me confident that the Melt Up is starting now.

30-year mortgage, and house prices in America are still a fantastic

value... significantly cheaper than other major countries. • And the Melt Up is here.

Stocks have moved higher since their recent falls – just like at the end of the 1990s bull market. They’ve also hit new all-time highs since Donald Trump won the presidency. And all of this makes me confident that the Melt Up is starting now. It’s here... and we have to

above 40 – a level not seen since 2011. The VIX nearly hit 30 again in February 2016. Take a look above... This is exactly what happened before stocks Melted Up in the late 1990s. A batch of fear hit investors... stock prices fell... but then they recovered. They reached new all-time highs and continued to soar during the final stage of the bull market – the Melt Up. This is all happening now.

You can always find a reason NOT to invest. Stocks and real estate have soared higher than you can imagine. But the Melt Up will help bring prices even higher... to a point that doesn’t feel comfortable. Believe me, you will know when it feels crazy – and we’re not at “crazy” yet.

take advantage of it! Look, right now is an incredible moment for investors...

56 | June 2017

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