April 08, 2022
The two biggest reasons for higher prices right now are high energy prices and the cost of shipping goods and services globally. What happens when you combine the two? You get today’s high oil tanker rates.
As with many other goods and services right now, companies are shunning Russian-based vessels. That’s reduced the number of tanker ships globally, and with Europe looking to further sanction Russia, it may get worse.
Traders could get in on the trend of rising shipping rates now. Yes, in time, that boom will also bust. But the artificial scarcity of the shipping market looks set to continue for some time. That could also help keep energy prices relatively high.
Now here’s the rest of the news:
Breaking: Secure 2.0 Law Changes American Retirement Forever
Americans could be in store for a major retirement overhaul with the Securing a Strong Retirement Act of 2022, otherwise known as the Secure 2.0 bill. The proposal, which on March 29 passed the House with broad bipartisan support… [Read Here]
April 08, 2021
The Federal Reserve continues to sound optimistic, at least according to its headline meeting minutes. But a number of officials are worried about stability risks. That’s certainly an issue. With the money supply up at a record rate in the past year, it’s easy to see why some fear an unusual amount of inflation, for instance.
All in all, financial markets repeatedly offer the illusion of stability. From rapid crashes and rallies to the seeming collapse of the entire economy once every 10 years or so, investors should be wary when things seem like they’ll continue indefinitely in the direction they’ve been heading. Taking this approach led to buying last year’s pandemic bear market. Today, it may mean taking some aggressive and leveraged trades off the table, just in case the economy doesn’t perform as strongly as expected.
Now here’s the rest of the news:
Yellen Seeks a Global Corporate Tax to Support Biden’s Massive Spending Plans –Mike Shedlock,TheStreet
Treasury Secretary Janet Yellen has her eyes on corporate revenues. Ultimately, the global corporate tax hikes are a hidden tax on all of us… [Read Here]
Institute for Supply Management: Prices Surge Across the Massive Service Sector –Wolf Richter,Wolf Street
The rate of inflation accelerated to the fastest since data collection began in October 2009. And those higher prices get passed on to us. Inflation? Get used to it… [Read Here]
April 08, 2020
Good morning. When Bulls Are Over-Anxious to Catch the Rocketship Higher, This Isn’t the Bottom.
DECLARATION FOR THE DAY:
(Say This 3x Times Today)
“Over, Under, Around, or Through, Whatever it Takes, I’ll Do.”
Note: The 3_things that are going to keep our businesses afloat, our heads above water, and in-looking-in anticipation of better times ahead, are the same three thing a successful business does.
- Share frequent updates. Posting is a great way to keep your customers informed when you’re experiencing changes.
- Keep up customer relationships. Customers can contact you directly, ask you questions, and save time; when the communication lines are open.
- Take your events online. See which parts of your business you can shift online — especially as people are spending more time on their devices.
After a major sell-off like we’ve seen, it stands to reason that some stocks will be trading at levels that will make them attractive for investors and will have better prospect than others. When evaluating companies right now, you must consider how opaque the earnings picture looks.
The more opaque, the more likely they are to test new lows. Those stocks that are more oversold and have a clearer path forward may have a chance to retest lows or form higher lows and highs. This is that proverbial fork in the road for the market. In this case, we’re trying to identify the one that will likely be most traveled.
“With the pandemic raging through the country, forcing the shutdown of much of …
the American economy, the unemployment rate — a measly 3.5% in February — is no more!”
—John Steele Gordon
April 08, 2019
IT’S BAD SCIENCE!
Investigate your thoughts and refute them. If you catch your-self having self doubt in any area, be sure to examine why and look for the positives. The more we focus on this, the more we hardwire the pathways to positive thinking and make it part of our natural thinking process. That’s the cool thing about our brains, the more we focus on something the more hardwired it becomes.
So if we think positive, we’re going to be positive, and the same vice versa. Be a mad scientist — destroy the fake news in your brain! Don’t be afraid to question your own thinking. After all — we know ourselves best, and if we don’t call ourselves on our own Bull Shit, who will?
To the BEST YOU!!!
April 08, 2017
When pursuing a goal and failing to see success, asks yourself a simple question:
“Is this a skill issue, or a commitment issue?”
With people like you and me, it’s rarely a commitment issue. Sure, sometimes we realize that the goal we picked is no longer aligned with our life. But that’s rare. When we get stuck, it’s normally a skill issue.
Recognizing the correct answer to this question is half the battle in becoming the most successful version of yourself. You know that you deserve to have success – now you just need to figure out what skills you need to solve the problem.