Predictions 2019: The Truth About China and How We Got Here
In 1970, China's GDP was $92 Billion, less than 1% of World GDP. By 2018, China's GDP had grown to $14 Trillion, and they now comprise 16% of World GDP. During that same time, the US GDP doubled, but not had nearly the same rate of growth. How did China do it? Will it impact your investments? How should you incorporate China into your predictions for 2019?
Since the bottom in March 2009, Mike Adams has helped his clients achieve an annual compounded return of 14.48% compared to the 12.45% of the Standard and Poor's 500 TR (dividends reinvested). In dollar terms, a $100,000 account grew to $475,361.