Credit where credit is due…

This summer, we shared a message with you that now looks extremely prescient.

It was a warning from Marketwise founder Porter Stansberry.

Now, Porter recorded this warning before the Fed’s recent decision to cut rates…

But in the weeks since his warning originally aired, we’ve received even more evidence that the economy is on precarious footing.

The June and July job reports were both revised lower. In fact, the June report was revised lower twice.

In total, we’ve seen the same thing with 11 of the last 15 job reports.

This means millions of fewer jobs over the last 2 years than what we were initially led to believe.

That’s why we’ve decided to share Porter’s full presentation again today.

You see, most people won’t want to hear what he’s recommending right now…

But I’m honored to share Porter’s message again because we both share one core value:

To provide honest – no matter how controversial – investment research to everyday Americans, whatever the cost to our business and our reputation.

Like when the mainstream media was trying to convince Americans that the world’s largest mortgage brokers, Fannie Mae and Freddie Mac, were going to be just fine…

Porter wasn’t afraid to follow the data to its logical conclusion…

And predicted they were headed for bankruptcy in May 2008.

Subscribers who followed his recommended short positions could’ve made 77% and 71% in just two months.

And while Porter is best known for his bear market predictions, he has made dozens of incredible bullish calls throughout his career that are often overlooked.

Like in the midst of the Covid-19 crash in March 2020, when Porter predicted the market would bottom within ten (10) days.

Well, it did… and seven of the stocks he highlighted that day have made gains as high as 100%+.

But Porter says 99% of investors are making a critical mistake today… at one of the most precarious moments in financial history.

This is a man whose career I’ve tracked for over a decade… and whose success inspired me to build Altimetry into what it is today.

So, if you share Porter’s concerns about the market…

If you feel like we are long overdue for a reality check…

And your gut tells you that this is the time to make a big move with your money…

Click here for a replay of Porter’s summer warning.

Regards,

Joel Litman
Chief Investment Strategist, Altimetry

P.S. Those aren’t the only troubling data points we’ve seen since July that support Porter’s warning…

Core CPI inflation is now heading higher for the first time in a year and a half.

And the share of companies in the Russell 2000 that are now unprofitable has risen to 43% – the highest percentage since the pandemic.

Porter explains exactly why this situation is unlikely to get better here.