Back in 2001, a financial writer by the name of Michael Lombardi started a daily e-letter on the economy and the stock market called Profit Confidential. At first, Michael would send his daily “rant,” full of investment analysis, predictions, and forecasts, to his colleagues and customers of Lombardi Publishing Corporation.
As the popularity of Profit Confidential grew, Michael brought in two senior investment analysts, George Leong, B. Comm., and Mitchell Clark, B. Comm., to expand the breadth of Profit Confidential. Wendy Potter, BA, was brought on as Managing Editor of Profit Confidential in 2005. Profit Confidential also regularly carries guest economic opinion pieces from financial analysts affiliated with our publisher.
Today, daily circulation of Profit Confidential is in excess of 400,000. Anyone can opt-in to get Profit Confidential sent to their e-mail inbox daily. It’s free and easy to subscribe to via sign-up boxes on our main site’s homepage. How can we afford to write and distribute this free e-letter? To help us offset the costs of creating Profit Confidential daily, our issues often carry advertisements for the paid-for financial advisories published by our parent company, Lombardi Publishing Corporation.
How is what you read in Profit Confidential different than what you’ll read in the financial newspapers and popular financial web sites? Firstly, we don’t report the financial news; we report on how we believe the news will eventually affect you. We offer the opinions, commentaries, and predictions of seasoned financial analysts and economists. Combined, we have over 100 years of experience in analyzing various investment markets. Our analysts include MBAs, BAs, B. Comms, P. Engs, LLBs—and most importantly, years of experience investing and managing our own money successfully!
Over the past decade, Profit Confidential has been widely recognized for making several forecasts that came to fruition. In 2002, we started advising our readers to buy gold-related investments when gold traded under $300.00 an ounce. In 2006, we “begged” our readers to get out of the housing market…before it plunged. Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. We told our readers the stock market would crash in 2008. Finally, we turned bullish on stocks in March of 2009.
Topics we regularly comment on in Profit Confidential today include: the stock market and bond market; the economy; real estate; inflation; interest rates; currencies; the economies of the eurozone and China, and how they impact North Americans; U.S. government debt at the federal, state, and city level; gold; and precious metals.