Oracle and TikTok Deal: Don’t Let Politics Infect Your Portfolio

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We’re sick.
Nearly a decade ago, we made waves when we published a piece that claimed the government was the average investor’s biggest risk factor.
At the time, we were debating public healthcare, counting stimulus dollars, pumping up the oil market and fighting a couple of lingering wars.
It left us with a cold sweat and a twist in our stomach.
Things have only gotten worse.
The nation’s economy is still dependent on stimulus dollars. Tax rates and Fed decisions steer the market. And the Dow’s daily gyrations hinge on the latest headline from Washington.
But this week, things hit an extreme.
China has come to America.
We need to lie down and put a trash can beside the bed. Our cold sweat has turned into a drencher.
Forcing this “virus” out of our system would be a tremendous relief.
Fighting One Evil With Another
Most folks have hardly followed the news. But on August 6, the president hashed out an executive order that would ban all domestic business with the popular app TikTok. He used an obscure law that allows the Oval Office to halt economic transactions during a national emergency.
The big problem in this …

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