Good morning.
With companies and families alike looking for a safe place to park their money, chances are protective moves will mean scaling back on investments and discretionary spending. A rising number of big layoff announcements may also induce everyday investors to start saving for a potentially imminent rainy day.
Each of these moves may be small individually. But in total, it could be enough to tip the economy into a recession – the same one that indicators such as the inverted yield curve have warned for months. Any further weakness in the banking system could bring about 2008-style runs on banks, or even fears of a meltdown.
It’s not too late to buy some downside protection with put options, or to opt out of counter-party risk with assets such as precious metals or cryptocurrencies.
Now here’s the rest of the news:
Fed’s Emergency Rescue Plan Fails To Work
The widespread panic that we just witnessed is definitely not what the bureaucrats at the Federal Reserve were anticipating. Following the second largest bank collapse in U.S. history on Friday and the third largest bank collapse in U.S. history on Sunday… [Read Here]
Moody’s Warns Over “Rapidly Deteriorating” Conditions
In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable. The firm, part of the big three rating services, said Monday it was making the move in light of key bank failures that prompted… [Read Here]
March 15, 2022
Good morning.
Two big events in the market this week could increase the current volatility – or simply lead to another leg lower for stocks. The first event occurs on Wednesday, when the Federal Reserve will make its final round of quantitative easing (QE), a Wall-Street term for the central bank’s ongoing purchases of bonds to prop up the bond and credit markets.
And on Friday, over $3.3 trillion of notational value of options contracts expire. We’ve already seen that markets can be choppy as traders start to roll positions out in the days before expiration.
In short, it’s set to be a volatile few days. After the past few months of trading, that’s a bit like pointing out that water is still wet. But traders will likely fare well going long on a down day and taking profits off the table after a big up day for stocks.
Now here’s the rest of the news:
World War III Has Already Started, and It’s an Economic War
In an article I published in April of 2018, World War III Will Be An Economic War, I outlined a number of factors that portend a large scale conflict between… [Read Here]
Recession Alert: Canary in the Economic Coal Mine Just Choked on Crude Oil
A market crash is typically short term, while a market recession could last a lot longer. Of course, there aren’t any hard and fast rules, but a recession is… [Read Here]
March 15, 2021
Good morning.
We’re now at the one-year anniversary of the start of pandemic-driven shutdowns that still reverberate today. A year later, there’s some aspect of the pandemic we’re all tired of. For many, however, it could have been worse. For some, they’re better off. According to the latest Fed data, household net worth hit a record $130.2 trillion in the final quarter of 2020.
That’s thanks to rising stock prices, rising real estate prices, and even other assets like bitcoin. While there’s still a lot of pain in the economy, particularly at lower economic levels, with the end in sight, there’s a path forward for more wealth-creating opportunities in the post-pandemic world.
What big financial changes did you make as a result of the pandemic? How has your wealth changed as a result?
What are you doing going forward? Hit reply and share your thoughts.
Now here’s the rest of the news:
Deutsche Bank: Central Banks Simple Can’t Afford Higher Rates With Global Debt So High —Jim Reid, ZeroHedge
A sizable portion of the market has thrived on low yields, and central banks must suppress rises in bond yields. They simply can’t afford it with debt so high… [Read Here]
The Fed’s Money Supply Measures: The Good News — and the Really, Really Bad News —Joseph T Salerno, Mises Institute
The explosion of Treasury deposits at the fed “fuels suggestions that the Fed is directly financing the government and fosters uncertainty about central bank independence…” [Read Here]
March 15, 2020
“It is always the start that requires the greatest EFFORT.” —James Cash Penney
Today is DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
I’ll leave you with another picture from Nova Scotia…
March 15, 2019
Day_03
Looks like a better day already!
March 15, 2017
The secret to having great days is to become a daily goal setter and a daily goal hitter. That’s the best way to move forward in life — by accomplishing everything you set out to do each day.
Find the motivation to make big things happen right here:
Become a Daily Goal Setter
Today, I have become a daily goal setter!
REW
