What is this confidence thing all about?

I was recently talking to James Mound, Founder of Futures Press Inc. We started talking about current market conditions and why he thought a majority of the "predictions" he was hearing were pretty far off base. I must admit he had some good points and I asked if he would do a guest post to address some of the issues. Take a look and be sure to comment with your thoughts. If you like what you see be sure to visit James here.

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I apologize in advance if this particular report offends any analysts or traders as it is not my intention. I am here to tell it like it is, and right now many of the pundits have it DEAD WRONG about the future of the stock market, the dollar, bonds and commodity prices.

The world’s financial industries – currencies, interest rates, stocks, real estate and commodities – are all being driven by one critical issue.  That issue is confidence.  If you can predict the future track of investor confidence you might be able to forecast these critical industries and that is what I am going to do right now. Continue reading "What is this confidence thing all about?"