by Bob Stokes
Updated: January 09, 2018
Should investors be bullish on the stock market when the U.S. trade deficit is rising or falling?
Well, conventional wisdom says that a growing trade deficit is bad for stocks. But get this: In November, the U.S. trade deficit rose to its largest imbalance in nearly six years. Yet, the stock market has continued to register one record high after another.
That's right: the widespread notion that a rising trade deficit is negative for stocks is a myth. Yet, this is just one in a long list of market myths.
Did you know that the vast majority of portfolios are built on false assumptions? These false assumptions -- or Market Myths -- have been passed down across generations. They are so baked into investor psyche that no one ever thinks to challenge them... but we do. Do earnings really drive stock prices? Can the FDIC actually protect you? Is portfolio diversification a smart move? Download Market Myths Exposed now and find out whether your portfolio is built on flawed foundations. We guarantee you'll be shocked to find the truth.
If so, then you're all set. Thank you for being a member of our community! Here's how to access:
No worries! Simply join Club EWI, our free Elliott wave educational community, and gain access to this resource plus a full catalog of other valuable lessons. Plus, we'll keep you updated with new resources, exclusive invitations, and deals. Sign up now and get FREE access to: