The U.S. is an oasis amidst global economic chaos. I expect the U.S. dollar to strengthen and for interest rates to steadily decline in a “flight to quality”.
A B-2 Stealth Bomber flies over the Washington Monument at the National Mall, during the Independence Day celebrations in Washington on July 4, 2020. Jose Luis Magana/AFP via Getty Images
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Commentary
The fact that some Iranian missiles got through Israel’s Iron Dome, causing horrific civilian damage, may have been what drew the U.S. into the Iranian conflict over the weekend, especially since the U.S. has B-2 stealth bombers that can carry up to two bunker buster bombs per plane. Israel’s biggest challenge was taking out Fordow, Iran’s most fortified nuclear facility, where Iran produces highly enriched uranium.
Louis Navellier is chairman and founder of Navellier & Associates in Reno, Nevada, which manages approximately $1 billion in assets. One of Wall Street’s renowned growth investors, Navellier writes five investment newsletters focused on growth investing. In addition to appearing on Bloomberg, Fox News, and CNBC giving his market outlook and analysis, he has been featured in Barron’s, Forbes, Fortune, Investor’s Business Daily, Money, Smart Money, and The Wall Street Journal.
