Today I started another book entitled, “Making Your Dreams Come True” by Marcia Wieder.
Easter/Spring School break begins today! No more school bus driving ’til April 2nd.
Played bridge at Strathcona Community Centre (with mom); and followed up with a great second massage at Encompass Sports Therapy.
Now here’s the rest of the news:
New Taxes Announced – Biden Enrages “Wealthy” Americans
If Democrats win the trifecta with a clean sweep of the Senate, House, and White House in November, taxes would rise by $7 trillion over 10 years… [Read More]
March 22, 2023
Good morning.
While investors tend to focus on the big Wall Street banks, community banks have been doing their share for the U.S. economy. They’re the institutions that supply about 70 percent of the capital for commercial real estate funding. And they tend to be where small business loans get started in communities.
That’s why the bank fears just won’t quite go away. Even with big banks looking to bail out smaller banks with excess deposits, it may not be enough. So it’s no surprise that the FDIC is now looking to simply guarantee all deposits to avoid a bank run. Such a move would be a backdoor way to nationalize the industry – even though all the rules and regulations in place have already made banking highly regulated.
Investors should take ongoing concerns seriously, and look to ensure all their bank deposits are insured. For those who don’t need cash right away, short-term Treasuries have relatively high yields right now. For those looking to avoid counter-party risk, there’s a reason why gold and, yes, Bitcoin have held up well in the past few weeks.
Now here’s the rest of the news:
The Cure for the Bank Collapse? It Could Be Worse Than the Disease
The bank contagion we’ve been reporting on all week is spreading. Today we examine the illness in detail, and discover that the treatment isn’t pretty… [Read Here]
Why The Banking Crisis Is “The Edge Of The Edge”
The unwinding of this Fed-induced speculative bubble is proceeding as one would expect, and it’s not over by a longshot. I expect a loss of -58% in the S&P 500, from current levels, over the completion of this cycle… [Read Here]
March 22, 2022
Good morning.
Traders can usually follow the market’s overall trend. While markets are thought of as binary – either going up or down – we’re increasingly looking like a sideways market. For traders who use a lot of leverage, such markets can be dangerous. For those who use prudent capital allocation, it can still be a great time to profit from moves in the market both up and down.
With ongoing concerns over the economy, inflation, interest rates, geopolitical events, it’s clear that any rally in the market may be a good time to enter a short-term bearish trade. And if stocks take a big dive, betting on a relief rally in the coming days can help add to total returns in today’s markets until a clearer uptrend or downtrend can be established.
Now here’s the rest of the news:
As American Savers Brace for Disaster, the Smart Money Is Doing This…
The highest inflation since 1982, the Fed’s $9 trillion balance sheet and the declining U.S. dollar only scratch the surface of the grim picture… [Read Here]
Saudi Arabia May Have Triggered Armageddon for the U.S. Dollar
For years, the U.S. dollar’s global reserve status has been in a precarious position. In 2017, some countries agreed to dethrone the U.S. dollar. [Read Here]
March 22, 2021
Good morning.
The third Friday of the month for every quarter of the year sparks an event known as quadruple witching, or quad witching. That’s when markets settle for stock index futures, stock index options, regular stock options, and single stock futures. The combination of so many derivatives expiring can sometimes lead to some large moves, especially with so many new investors starting to trade options to get a better return than stocks.
The first quarter of 2021’s were relatively calm, as shown by a stock market exhibiting little of the volatility of sessions in prior weeks. Now, with funds making their quarterly rebalancing buys and sells, the market may likely shake off some of its recent volatility and calm down for a few weeks.
Have you been making more options trades in the past year to take advantage of this increased volatility?
Hit reply and share your thoughts. And thanks for sharing your thoughts so far!
Now here’s the rest of the news:
Just Before the “Everything” Bubble Explodes: Stock Market Mania in 2021
Has the market gone insane? Is the enormous “everything bubble” inflated with stimulus cash headed for a historic explosion? Is the market in a “mania” phase right now? Let’s take a closer look… [Read Here]
Precious Metals Prices
Price at week’s end (change over last week)
Gold $1,746.86 (+1.0%)
Silver $26.34 (+1.2%)
Platinum $1,204.37 (-0.6%)
Palladium $2,669.73 (+10.9%)
March 22, 2020
Clearly, attitude is a difference maker, and let’s face it, most of us could stand to polish ours — at least in one domain of life or another. How do you go about changing your attitude?
→ Evaluate your present attitude. Mindfulness and awareness are key to improving an attitude the desperately needs changing.
→ Have a desire to change. No choice will determine the success of your attitude change more than desiring to change.
→ Change your attitude by changing your thoughts. After all, attitudes are nothing more than habits of thought.
→ Manage your attitude daily. Remember, maintaining the right attitude is easier than re-gaining it. As the great John Wooden said, “Things turn out the best for people who make the best of the way things turn out.”
→ Take responsibility for your attitude, which is totally in your control. You can’t control the weather, but you can control the atmosphere of your mind.
Here’s to you … and now …
Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
I’ll leave you with another picture from NFLD & Labrador…
March 22, 2019
Yes, I’m awake at 2:12 in the morning!
Mark Eppler, in his book “The Wright Way,“ writes that the key to their intense arguments was not driven by anger but rather a commitment of free — flowing information — a valuable tool for innovation.
As Wilbur Wright put it, “Honest argument is merely a process of mutually picking the beams and motes out of each other’s eyes so both can see clearly.” Always seek useful truth from both sides. Or as Wilbur added: “After l get hold of a truth, l hate to lose it again, and l like to sift all the truth out before l give up on an error.”
Irish poet and playwright Oscar Wilde supported the Wright brothers’ logic when he said: “The well-bred contradict other people. The wise contradict themselves.”
In other words, it’s fine to change your mind after listening to all sides of an argument. There may be issues you didn’t consider, or information that you were unaware of. There may just be a better way to deal with a problem that you hadn’t considered.
I’ve always felt that debate or arguing is healthy. Whenever I’ve had two coworkers disagreeing over something, I’ve always tried to listen with an open mind and learn different viewpoints. lt can be very helpful in decision-making.
One important thing I’ve learned is not to play favorites. You must give both sides a fair hearing. You cannot go into a situation with a predetermined outcome or you will lose your credibility. You must treat everyone and their viewpoint respectfully. 😉
March 22, 2017
“Being the richest man in the cemetery doesn’t matter to me.
Going to bed at night saying we’ve done something wonderful, that’s what matters to me. ”
—Steve Jobs
Just finished listening to a 6-CD set entitled, “The Art of Exceptional Living,” by Jim Rohn.
What a fascinating recording by an exception man.
I’ll re-capture a few key moments and put the recordings on my Facebook A.S.A.P.
REW
