Paul Mampilly feels bullish on the United States and feels strongly about where the USA will be 5 years out. Of course, Paul Mampilly has solid reasons for his American Optimism. What the Senior Editor for Banyan Hill calls transformational technologies, he sends out financial flares into the investor’s pre-dawn skies, will skyrocket.
What are these transformational technologies? He names them one by one like freshly lit flares racing across the pre-dawn morning skies: AI, the Internet of things, new energy and robotics. These kinds of predictions made others upset with Paul Mampilly, since people who read his predictions were adamant they knew better. Visit Bloomberg to know more about Paul Mampilly.
A Despised Investment
Mr. Mampilly says the next thing that is going to change is this one hated investment that no one will believe. The hated investment, as much as others don’t want to believe it is true, is the United States dollar currency.
The surprising reaction is people don’t believe it because Trump has people believing he is igniting a trade war, while others are waiting for the economy to go down, down, down. Lastly, the ghosts of inflation stick up their head and the fear of inflation frightens people to invest in the U.S. dollar.
The Dollar Bear Market Hits a Dead End
Mr. Paul Mampilly sees the end of the U.S. dollar bear market, which has been able to stretch itself over three years. He gives three solid reasons for his bright foresight.
First, we have to look at the approaching increase of interest rates allowing the U.S. economy to grow. In turn, thru this growth, the dollar will be in big demand.
Second, the 2017 tax reform has allowed large corporations, like Apple, Microsoft, and Google to transfer their offshore money to onshore bank accounts. These companies and there are thousands of them, will make the demand for the U.S. Dollar sore for its demand.
Thirdly, people will start saving again following the increased interest rates. People will start putting money into their savings accounts, which in turn will increase the demand for the U.S. dollar.
Paul Mampilly is the Senior Editor for Banyan Hill Publishing and has shown his success working at Kinetics Asset Management and managing $Billion portfolios. At 42 he retired from Wall Street and writes three newsletters for Banyan Hill, which seek to share deep insights into the financial markets that are meant to give solid advice for self-managing investment and grow profitable.
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