The International Monetary Fund (IMF) today boosted its forecast for global growth for both this year and next - telling folks at the World Economic Forum in Davos, Switzerland, that the world economy would zoom along at a hefty 3.9% pace for the next 24 months.
But it also warned that the next recession "may be closer than we think."
This is a big deal.
And a big opportunity.
You see, this rosier-than-ever scenario serves as a proof point for the "cheap money physics" prediction I've been making for my paid-up Private Briefing readers for two months.
The best part is, the higher-than-expected growth/higher-than-expected recession risk dovetail perfectly into our "accumulate" strategy that's given us massive gains on stocks across the board. That strategy lets us take advantage of the growth now and hold back some cash to "average down" on stocks that we like in case of a pullback.
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