Started reading “Getting Along with Almost Anybody” by Florence & Marita Littauer.
When you get your focus off you
And look at others’ point of view,
Know they too have a narrow range
And some of them may never change.
Be at peace with others along the way
And you’ll get along better today and always.
Now here’s the rest of the news:
Top Economist: U.S. Economy “Doomed”
The U.S. may have tiptoed around a recession last year, but it won’t be so lucky in 2024, according to the top economist at the hedge fund Brevan Howard… [Read More]
Biden Administration Finds New Way To Give Away Your Money.
The Biden Administration is set to enact another suite of financial programs, aimed to help certain Americans that Democrats favor… [Read More]
January 24, 2023
Good morning.
Markets have had a strong start to the year. But this sharply higher uptrend is unlikely to continue much longer. In the short-term, technical indicators such as relative strength show that the market is getting overbought.
Longer-term data shows the economy continues to cool. While it’s true that markets tend to start moving higher while the economy does, we still don’t know the full impact of rising interest rates and how long it will take to truly stop inflation from roaring back.
It may be time for traders to take some long-side profits, and to take a second look at short-side opportunities that may have been crushed in recent weeks.
Now here’s the rest of the news:
Excessive Debt is the Greatest Risk
Global debt levels are expected to surpass $300 trillion for 2022, a record high. Phillip Patrick explains why this is a major impediment to future economic growth and stability… [Read Here]
The Secret Reason Governments Love Inflation
When people spend beyond their means, they increase the likelihood that they will suffer severe financial consequences – including foreclosure and bankruptcy… [Read Here]
January 24, 2022
Good morning.
Markets had $3.3 trillion reasons to be volatile last week. That was based on the notational value of options expiring on Friday. That included $1.3 trillion for individual stock positions alone, the second-highest on record. Traders repositioning those trades ahead of expiration last week may have contributed to the big selloff, which finally started reversing on Friday as Treasury yields started coming back down.
Given the growth of options trading, this phenomenon of added volatility into options expiration weeks may continue for the foreseeable future. While February’s contracts are far lower in value, the next big hump will be in March, which is a quad-witching month where even more contracts are set to expire. While the worst of the current selloff may be over, traders should expect continued volatility thanks to the rising popularity of options trades.
Precious Metals Prices
Price at week’s end (change over last week)
Gold … $1,836.08 (0.9%)
Silver … $23.37 (5.8%)
Platinum … $1,039.55 (6.1%)
Palladium … $2,141.50 (12.0%)
Now here’s the rest of the news:
The Best Path to Retirement Success Is Not What You Think
There are so many ways for retirement savers to invest their hard-earned dollars it can make your head spin. There are high risk investments like… [Read Here]
January 24, 2021
“Being realistic is the most commonly traveled road to mediocrity.” [Go for it!] –Will Smith
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Describing its beauty!!! Atlantic coast of Canada..
does it really matter? Yes!
January 24, 2020
Good morning.
Just when it seemed that markets had nothing to fear, thanks to a signed trade deal between the U.S. & China, as well as the Fed’s repo operations to keep the financial system running smoothly, the coronavirus that started in China may be the next market fear.
At its best, it could simply dampen demand for travel and tourism around the world, but mostly in Asia. That was the case with outbreaks of avian and swine flus, and mostly had no impact on the U.S. economy. But for now, it seems to be giving stocks a reason to pause after its long rally upward. While these outbreaks can be serious, they don’t last forever, and the market will likely get back to rallying soon.
One thing or another … now they say even the kind of water you drink in the AM will determine if you’ll feel tired and lack focus all day — you’ll feel old and AWFUL! Maybe we should just stay-in-bed ALL DAY! 😉
January 24, 2019
Last month at this time we were getting ready for Christmas … As this was Christmas Eve Day! For anyone else not celebrating this day … I hope you remember this day as one with your family and friends.
God help us all … no matter your religious leanings or your country of origin. As they say on Star Trek … Live long & Prosper!
See you all soon!