Adding Microsoft to my Jubak Picks portfolio–hoping for a July “miss” like that in April
As I wrote in Part 3 of my Special Report "Investing in a Late Cycle Market," I'm adding Microsoft to my Jubak Picks portfolio. The April third quarter earnings "miss" sets Microsoft up for a huge fourth quarter when the company reports on July 19. Plus whenever this...Special Report on Investing in a Late Cycle Market Part 2: Sell offs in Late Cycle Markets are contagious, very contagious
The big reason to distinguish the business cycle from the credit cycle–as I did in Part 1 of this Special Report “Investing in a Late Cycle Market: Late Cycle Markets are crazy–Part 1, The problem”–is that the disruption caused by late credit cycle markets is way more contagious globally than the disruption created by late business cycle markets.