Donald Coxe, Global Portfolio Strategist of BMO Financial Group, has just published the May issue of Basic Points – Traders of the Lost Ark (courtesy of GreenLightAdvisor). This report is a firm favorite with investors as Donald has established a great “big picture” track record and built a large following over the years. His eloquently phrased investment recommendations are particularly insightful and are repeated in the paragraphs below in an attempt to make sense of the troubled times encountered by financial markets.

1. Assume that the leading US forecasters on the US economy will be cutting back on their economic and earnings forecasts. You could be pleasantly surprised, but

…