The bear market that started last January has now morphed into trouble in the banking system, and likely the credit markets. While the latest concerns over the banking system appear to have subsided as the assets of Silicon Valley Bank have been sold off, chances are there’s more trouble ahead.
Interest rates have risen at their fastest pace in 40 years. We may have just scratched the surface for banks and other financial institutions that underestimated that move. There’s a reasonable chance that something else will spark a market fear in the months ahead.
That’s good news for traders, as it means more market volatility and short-side profits. But investors can also use any crisis to buy high quality companies like dividend-paying blue-chip stocks, and use any market rally to sell more questionable holdings so you’re not the last one holding the bag.
Now here’s the rest of the news:
Phillip Patrick: Biden Uses First Veto to Politicize Your Retirement Investing
On Monday, March 20th, President Biden used his power to veto legislation for the first time since his inauguration to… [Read Here]
Is This the Tipping Point?
After almost 15 years of Fed-fueled cheap money offered at near-zero rates that was leveraged into overinflated speculative bubbles, the lights are on, the crowd is dispersing – and the party might finally be over… [Read Here]
March 28, 2022
There are a number of proposals on the table today to contend with high gas prices. While expanding US domestic energy production seems off the table, as does a suspension of the federal gas tax, which adds considerably to the cost per gallon of fuel, another proposal is making the rounds that could pass.
The idea? To send out gas cards, or gas-specific stimulus payments. If we’ve learned anything from the past two years, we know that such a proposal could lead to a feeling of euphoria in the short-term, and that by the time the next round of inflation hits from this new proposed spending, we’ll be in a different political cycle.
In the meantime, whatever proposals do occur, energy companies are still largely inexpensive relative to current energy prices. Trade accordingly.
Now here’s the rest of the news:
Russia Could Be Planning the Ultimate Gold Move
Say what you will about Russia’s government, you can’t deny they understand the importance of investing in physical gold. Accumulating $140 billion of an asset with… [Read Here]
March 28, 2021
“Fun is an inside job, always within you control, and a choice that you have to make every single day.” –Marie Forleo
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Naturally beautiful: Lots of things to-do in and see at: A Perfect Day in Nova Scotia, Canada.
More wonders in Newfoundland and Labrador!
March 28, 2020
Tomorrow is my 69th birthday!!!
Today, I want to share an interesting blog article: As a nation, we’re fascinated with the concept of miraculous healing. Presumably, this miracle can come in the form of a pill, tea or a fantastically labeled elixir of health. Every day, millions of dollars are spent as people search for cures in the form of mystical pharmaceutical remedies that can banish all ailments and protect from disease.
Today’s Tip is about a Daily Energy Tonic you might have never thought of before… and although the 3-4 simple ingredients are needed to be raw and organic, it should be very easy to locate! I personally have not tried it! Sounds okay. And for what it’s worth; here’s the link!
So … today is DarrenDaily Recap Saturday. A collection of the weeks videos from Darren Hardy. Enjoy!
I’ll leave you with the Provincial Flag from NFLD & Labrador…
Soon to be mine…
March 28, 2019
Two brothers in a small town had a reputation for bad behavior. But they were rich enough to avoid the consequences all the time. The pastor of the local church knew them well and tried to find the good in both of them, although this was next to impossible.
Suddenly one day, one of the brothers died. The other came to the church and asked the pastor to speak at his funeral.
“To be honest, l wouldn’t know what to say,” the pastor replied.
The brother took out his checkbook. “I’m writing you a check for $10,000 for the church renovations you’re always talking about. All you have to do is tell everyone at the funeral that my brother was a saint.”
The pastor thought for a moment, then accepted the check.
At the funeral, the pastor stood before the townspeople who had come to see the last of one of their disliked neighbors. “l didn’t know this man well,” he said “l do know that he cheated on his wife, and cheated everyone he did business with. But l can say one thing about him: compared to his brother, he was a saint.” 😉
March 28, 2017
Where is the best place to sit on an airplane? It’s not over the wing … a common myth. The best place to sit for a smooth ride is as close to the front of the airplane as you can sit. Airlines have known this for decades, but they don’t like saying it. There is yet one more reason why First Class is always at the front of the airplane.
The food aboard airliners is usually not that bad. When you think about it, how hard is it to send 200 meals that need to be reheated 7 miles up into the sky, in a tube that can barely hold them? Airlines spend a lot of money planning meal service and menus that will please their customers.