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02-FEBRUARY 22-2024

Flight InformationToday we are reading “Bio-Replenishment for Bone Health” by AS Naidu which is turning out-to-be a slower technical read.

Now here’s the rest of the news:

“An Economic Crisis Of Staggering Proportions”
They were able to delay the U.S. economy’s day of reckoning, but they were not able to put it off indefinitely.  During the pandemic, the Federal Reserve pumped trillions… [Read More]

Canada’s Housing Bubble Shows Signs Of Popping
House prices in Canada have fallen and many experts are predicting they will fall further, and faster going into the year.  Will this collapse spread to America?  That depends on… [Read More]

February 22, 2023

ExcusesGood morning.
Inflation was the key focus for central bankers – and therefore the stock market – in 2022.  However, even with rapidly-rising interest rates, inflation is starting to look entrenched.  While it’s come off of last year’s highs, it’s been inching higher in the most recent data.
One reason for that could be corporate profit margins.  That’s one of our preferred metrics for analyzing a company.  Generally, company profits rose following the pandemic (except for a few hard-hit exceptions like airlines).  And those margins have come down, but are still above historical levels today.
Without a drop back to historic levels, it’s possible that companies may continue to pass on their higher costs to consumers – keeping inflation high.  The solution?  Own shares of companies that have been best able to do so and are most likely to continue to do so.

Now here’s the rest of the news:

The Core Of The Economy Is Crumbling
Neofeudal societies and economies lack a vibrant middle class.  This is the defining feature of feudalism and its updated V2.0, neofeudalism: a nobility (based on birth or finance, it doesn’t matter) controls the vast majority of… [Read Here]

What’s Worse Than The Liquidity Trap?
Advocates of Keynesian economics believe the Federal Reserve should pursue policies that will prevent the possible decline of the economy into a liquidity trap.  But what is a liquidity trap?  Economic activity often is presented in… [Read Here]

February 22, 2022

Fun back into taxesGood morning.
With stocks, bonds, cryptocurrencies, and even real estate looking like they could drop on anything from war fears to higher inflation, only a handful of assets stand out as market hedges now.  While precious metals have held their ground over the past tumultuous few months, another hard asset is looking poised to stay strong here.
That commodity is oil.  And the latest data shows that the United States will again be a net importer of crude oil this year, following the flip back in 2021.  In late 2019 and in all of 2020, the country had become a net exporter of oil for the first time in 40 years.  But with reduced domestic production and steady demand, being a net importer also indicates that prices are likely to stay higher on this asset for some time.

Now here’s the rest of the news:

New Fed Policy Threatens to Disrupt Retirement Plans Nationwide
After months of turning a blind eye, the Federal Reserve now seems to be taking inflation seriously.  But the problem is Inflation has a head start, and it’s been… [Read Here]

February 22, 2021

Compelling NarrativeGood morning.
Bitcoin prices continued moving higher, nearing $54,000 in trading on Friday.  Companies related to the trade have likewise been moving higher as well.  Based on the current price and number of Bitcoin outstanding, a new milestone has been reached.  The currency now has a market cap of $1 trillion.  That’s a 1 followed by 12 zeros.  That’s proof positive that the cryptocurrency space is here to stay.
We like the space, both for the trading opportunities in cryptos and crypto-related stocks, as well as the longer-term prospects as fiat currencies like dollars and Euros continually get printed.  But we want to know your take as well.

Do you own any cryptocurrencies directly?  Are you trading companies in the crypto space to profit from this latest trend?

Hit “Reply” to this email and let us know what you think!

Now here’s the rest of the news:

U.S. Manufacturers Grapple With Steel Shortages, Soaring Prices –Rajesh Kuman Singh
U.S. steel prices have risen more than 160% since last August.  “We’ll be lucky if we break even at this price,” said Stuart Speyer, president at Tennsco…

Fed Chair Jerome Powell says the true unemployment rate is actually 10%.  Official number are so skewed by fraud, reporting error, and double counting…

February 22, 2020

Instant confidence?

You Know WhyWell, it is possible.

Here is how.  When prospects start making quick “yes” decisions, we feel great.  And it shows.
But how do we get our prospects to commit and say “yes” fast?
Tom ‘Big Al’ Schreiter’s latest book, “10 SHORTCUTS Into Our Prospects’ Minds” explains 10 simple strategies to make prospects eager to join our business.  It is all about getting the correct message inside of our prospects’ brains, and bypassing all their other issues.

My favorite strategy?

Strategy #5: “Emotion is our prospect’s friend.”

Emotion can work for us or against us, but without emotion, nothing happens.  And yes, it is the biggest chapter in the book, because there are so many uses for this skill.  Want to see an example of adding a few emotional words to help with an objection?

Objection:  “I don’t think I should start now.  Things are not looking good at my job.  I need to conserve my cash.”

Us:  “I would be scared too.  You have all your eggs in one basket.  And your job and boss control the basket.  That is a horrible feeling.  You don’t look like the sort of person that likes taking big risks.  Let’s start a second income now, so if your job goes away, you w0n’t lose 100% of your income.”

That was easy.  And what if this prospect went on to earn you hundreds of dollars every month?  It certainly would be worth using this strategy.

How about one more example?

Could we use an emotional micro-story to help eliminate our prospects’ procrastination?

Watch this: …v i d e o… 

Us:  “My neighbor could have joined the same day I did, but did not.  My neighbor will never be able to forget that happened.  Every day when he leaves for work, he sees my car parked in the driveway.”

Our prospect does not want to be like the neighbor.  It will be hard to forget this story.

But Strategy #5 isn’t the only strategy.  Here is the list from the book:

  • 10 ShortcutsStrategy #1:  No dumping allowed!
  • Strategy #2:  Questions.
  • Strategy #3:  What is better than questions?
  • Strategy #4:  The science of short.
  • Strategy #5:  Emotion is our prospect’s friend.
  • Strategy #6:  Handling objections.
  • Strategy #7:  Use analogies, similes, metaphors & examples.
  • Strategy #8:  Patterns become smooth pathways for our prospects’ minds.
  • Strategy #9:  Our biased prospects only hear part of what we say.
  • Strategy #10: Stories are irresistible.

Anyway, the latest Big Al Book, 10 Shortcuts into our Prospects’ Minds, is here, ready to order:

Also, please let your team and networking friends know about this book.  They will love it when their prospects start listening to them.

Thanks, and enjoy using this book to build your way to a bigger business!

—Keith and Tom “Big Al” Schreiter

February 22, 2019

Good Will HuntingOne of my favorite clips from a movie, is from the movie ‘Good Will Hunting.’

And in Good Will Hunting, you have (actors) Matt Damon and Ben Affleck … they are best friends.  They are construction workers!!!

But, Matt Damon’s background is really … a math genius … his genius [IQ] is right off the charts … his ‘smarts’ blows away his college professors.  He’s a next level Einstein.  My favorite scene … the best part!!

Ben Affleck, every day, drives up to Matt’s house…  Picks him up, and takes him to the construction job.  On this one day, Matt tell Ben… Yeah know, I’ve been getting all these job offers… they are wanting me to do Military Intelligence, Space & Top Secret Government Research and such… stuff like that!

Matt says he’s not interested … I love you guys … just want to work with you guys!

Ben Affleck, being a true friend says … I gotta tell you … every day I drive up … I hope you’re not here!

Matt replies, confused … he says, “What you talking about man?  Dude … you’re my buddy!”

I know my buddy … but … I don’t have your potential.  I don’t have what you got.  ‘For you to waste it … breaking rock with us … it’s a shame.’  It is just wrong!  I love you too.  And, for as long as you are here, I’ll pick you up, and we will go to the construction site…

…but every day I hope you’re not here!

THAT IS A FRIEND.  Ben isn’t selfishly controlling Matt and putting him in a box that serves himself.  Ben would undoubtedly love to be best buds.  But that would be a shame … on him … as a friend.  🙂

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Come From Aways, Do You?

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