I wrote this book in September 2022. We were already in the early phase of a recession. The Fed had already started to raise interest rates. There was a continuing interest rate inversion. Economic activity was slowing.
It appeared to me that a lot of people, stock investors, were listening to a lot of misrepresentation from the media. These people had no idea of what is going on. They were taking substantial losses. They did not have any information about the US economy and the rapidly approaching recession.
I am not a money manager, investment advisor or stockbroker. However I am a well educated private investor. I understand economics. I understand what the Fed is up against. I understand interest rates. I have been around a long time. I received my MBA from Columbia in 1957.
In my opinion we are in the early stages of what may prove to be a serious recession. The fact that the general public is taking losses on their investments because of a lack of information is not acceptable.
I have developed, for my own use, a proprietary investment system. It is easy for most people to use. It does not have a lot of complexities. It is clearly outlined in this book. It can be used by interested people. It is not perfect by any means. It does make investing easy and should prevent large losses.
