openPR Logo
Press release

Analyst for Profit Confidential Newsletter Reveals Why 2011 Was a Dud

01-06-2012 02:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Profit Confidential

Analyst for Profit Confidential Newsletter Reveals Why 2011 Was a Dud

Analyst for Profit Confidential Newsletter Reveals Why 2011 Was a Dud

As 2011 came to a close, George Leong, contributor to popular financial newsletter Profit Confidential, analyzed the year and why the forecasts have slightly missed their mark.

“I expected tech and small-caps to drive the market in 2011,” Leong writes in Profit Confidential, “It looked that way earlier in the year, but then the European debt crisis materialized, China stalled, and stocks began to sink quickly.”

Leong notes that, domestically, the housing market failed to improve at all in 2011. President Barack Obama’s initiatives to reduce unemployment and drive consumer spending have fallen short of any sustained growth. The jobs market remains a major issue.

“The lack of any leadership was the downfall for many in 2011,” The big banks failed to attract buying, while technology had its moments, but overall failed to inspire traders.”

Leong believes that Europe will continue to be a major hurdle in 2012. “China is also stalling According to the analyst, China’s GDP estimates for 2012 range from as low as 6.5% to as high as 9.5%. “I continue to favor China over the next several years, as long as Europe regenerates.”

Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market...before it plunged.

Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%.

To see the full article and to learn more about Profit Confidential, visit www.profitconfidential.com.

Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter. Written by financial gurus with over 100 years of combined investing experience, Profit Confidential analyzes and comments on the actions of the stock market, precious metals, interest rates, real estate, and the economy. Lombardi Publishing Corporation, founded in 1986, now with over one million customers in 141 countries, is one of the largest consumer information publishers in the world. For more on Lombardi, and to get the popular Profit Confidential e-letter sent to you daily, visit www.profitconfidential.com.

Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical-warning-number-six

Profit Confidential is Lombardi Publishing Corporation’s free daily investment e-letter.

profit confidential
350 5th Avenue, 59th Floor New York, NY 10118

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Analyst for Profit Confidential Newsletter Reveals Why 2011 Was a Dud here

News-ID: 206103 • Views:

More Releases for Lombardi

Respeecher Inc. Resurrects the Voice of Vince Lombardi for Super Bowl LV
The AI voice cloning startup worked alongside Digital Domain and 72andSunny for the NFL Super Bowl commercial “As One” Kyiv, Ukraine, February 17th 2021: Respeecher Inc. today announced their contribution to the NFL’s Super Bowl commercial “As One” featuring a digital Vince Lombardi. This milestone is a major move for Respeecher, after being credited in one of the biggest TV series of 2020. The voice cloning startup is on a mission
Jewellery Market Business Analysis 2019 | Growth Opportunities by Top Players: C …
A report added to the rich database of Qurate Business Intelligence, titled “Global Jewellery Market by Product Type, Players and Regions - Forecast to 2023”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the
Business Process Management Market to touch US$ 4.3 Billion by 2023 | Global Key …
Marketprognosis.com Publish a New Market Research Report On “Global Business Process Management Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023. Overview of the Global Business Process Management Market: The Global Business Process Management (BPM) Market was valued at USD 3.01 Billion in 2017 and is expected to reach a value of USD 4.3 Billion by 2023 at a CAGR of 6.22% over the forecast period
Business Process Management Market 2019 Top Companies Analysis: APPIAN, GLOBAL 3 …
The business process management (BPM) market was valued at USD 3.01 billion in 2017 and is expected to reach a value of USD 4.3 billion by 2023 at a CAGR of 6.22% over the forecast period (2018-2023). The scope of the report is limited to the type of deployment offered by major players, which involves cloud and on-premise. While the end users considered in the report include process improvement, automation,
Jewellery Market 2018 Global Analysis By key Players : Richemont, Signet Jeweler …
This report studies the global market size of Jewellery in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Jewellery in these regions. This research report categorizes the global Jewellery market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges,
Business Process Management Market is Trending with CAGR of 6.22% by 2023, Key P …
The business process management (BPM) market was valued at USD 3.01 billion in 2017 and is expected to reach a value of USD 4.3 billion by 2023 at a CAGR of 6.22% over the forecast period (2018-2023). The scope of the report is limited to the type of deployment offered by major players, which involves cloud and on-premise. While the end users considered in the report include process improvement, automation,