Paul Mampilly Thinks The News Predictions May Have It Wrong On This One

When you hear voices from some well-known investment banks and economists who’ve been around for a while talking about a big selloff coming in the stock market, you should generally pay attention. But even the experts don’t always get it right, and investment advisor Paul Mampilly knows this. A couple reasons he’s not buying into recent talk about a coming stock market drop is that the amount of debt people have been carrying relative to income is at one of the lowest levels it’s been at in a while; and middle class income has been rising over the last year. Mampilly says these movements should actually make for a very strong stock market performance and a bull market once the panic headlines stop.

Paul Mampilly has been a trusted author at Banyan Hill because he has spent years in the financial sector and has closely researched market movements and seen indicators that led to his prediction of the dot-com crash of 2000, the success of OLED Universal Display Corporation, the housing bubble of 2008 and the making of the pharmaceutical giant Sarepta Therapeutics. Paul Mampilly began in banking in 1991 after moving to the US from India to complete his bachelor’s degree, and he started out at Deutsche Bank. He was an advisor and fund manager for ING, Banker’s Trust and ultimately for a prominent hedge fund, Kinetics International Fund which was rated tops in Barron’s magazine. He also won an investment competition for taking $50 million and growing it to $88 million in one year and doing so while most of the markets were going in the opposite direction in 2008.

Paul Mampilly retired early from the big banks and hedge funds because he not only wanted to help the people he felt were neglected by Wall Street, but he also wanted to work on his own time. His newsletters are directed towards middle class individuals who want to go around the normal brokers and wealth managers and manage their investments themselves. His three newsletters, “Profits Unlimited,” “Extreme Fortunes” and “True Momentum” show the readers how to do just that and are available to subscribe to at www.BanyanHill.com.

Read More: www.talkmarkets.com/contributor/Paul-Mampilly/

Leave a Reply

Your email address will not be published. Required fields are marked *