Welcome to another edition of PowerTalk. I’m your host Chris Versace, editor of the investment newsletter PowerTrend Profits and portfolio manager of the Thematic Growth Portfolio at Fabian Wealth Strategies, and these are my one-on-one conversations with the movers and shakers in the business world that take you behind the scenes and in the know. Be sure to check out ChrisVersace.com for more on PowerTrends and past editions of PowerTalk, as well as FabianWealth.com for more on my Thematic Growth Portfolio.
It’s been a rough time of late -- questions are being raised about growth prospects, both for the global economy and the stock market. We’ve had more companies issue negative outlooks than we have had in some time, while the latest round of economic data has been weaker than expected. All of this has taken a toll on the major stock market indices, leaving the Dow Jones Industrial Average down more than 1,000 points from where it was just two weeks ago. Also down big are the S&P 500 and the Nasdaq Composite Index. At times like these, I’m looking at investment opportunities that solve looming pain points, whether in cybersecurity, drought or other areas. You can sit back and be frustrated, or you can look at the situation with the glass half full and look for opportunities that will bring you long-term profits.
Joining me today on PowerTalk is a person who really needs little to no introduction. He’s an anchor on Fox Business, as well as a New York Times best-selling author. That’s right, today I’m talking with Lou Dobbs!
Many of you know him from Lou Dobbs Tonight, where he dissects the latest on politics, the economy, business and other topics. We’ll be touching on a number of those topics on PowerTalk today, as well Lou’s new book -- “Upheaval.”
Chris Versace is the editor of PowerTrend Brief — a FREE, weekly electronic newsletter. He also writes PowerTrend Profits, a paid monthly newsletter that helps individual investors profit through buying shares of companies poised to win big in the 8 PowerTrends, as well as writes the PowerTrader trading service that seeks to deliver short-term gains using stocks, ETFs and options. Chris has been ranked an All Star Analyst by Zacks Investment Research.