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Editor’s Note: The markets kicked off on Monday with a widespread selloff. Comparisons of this week’s crash with 1987’s ‘Black Monday’ are circulating headlines. Below is a critical warning from Louis Navellier, legendary growth investor who survived the very same 1987 Black Monday, the Great Recession, and the Covid crash. Please read his message below, because what he predicts is coming could have dire consequences on your portfolio.
I take no joy in writing this message.
But after 40+ years on Wall Street, I feel it’s my responsibility to share the following warning with you.
And mark my words, doing so could put you in a far stronger and more resilient position than most.
Sincerely,
Louis Navellier
Senior Quantitative Investment Analyst, InvestorPlace
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