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04-APRIL 19-2023

Good morning.
Federal Employee June 23Starting in July, the United States Postal Service is looking to raise first-class mail stamps to 66 cents from 63 cents.  Assuming they get regulatory approval, the price hike suggests about a 5.4 percent rate of inflation – just slightly above the latest numbers showing a 5 percent annual increase.
The USPS is raising prices due to higher wages and costs of doing business.  While this is expected to bring in higher revenues, the organization still expects to lose $4.5 billion for 2023, which will likely lead to further price hikes down the line… marking yet another sign that inflation will likely remain higher for longer.
Unlike many goods and services, however, at least users can buy forever stamps at the lower price.  That may be a prudent investment for those who still need to send snail mail in the years to come.  For investors, it’s a sign to invest with companies that can raise their prices higher than inflation – and without having to wait on regulatory approval.

Now here’s the rest of the news:

The Uncomfortable Truth About The Housing Bubble
Who’s left to buy overvalued houses?  Too few to prop up bubble valuations.  If as many posit the Federal Reserve has an unstated mandate to generate a “wealth effect” by propping up housing, they’ve managed to create a no-win situation… [Read Here]

De-Dollarization Is Happening at a ‘Stunning’ Pace
The dollar is losing its reserve status at a faster pace than generally accepted as many analysts have failed to account for last year’s wild exchange rate moves.  The dollar is losing ground 10 times more rapidly, according to analyst Stephen Jen… [Read Here]

April 19, 2022

Baseball April '22Good morning.
For thousands of years, investors have turned to gold to protect their wealth from the ravages of inflation.  To date, the metal is up about 9 percent.  That’s outperformed a declining stock market, and the metal has once again been nearing a price of $2,000 per ounce.
In contrast, Bitcoin has been in decline this year, with the cryptocurrency at a one-month low.  Bitcoin has been trading closely with the Nasdaq lately.  Over a longer period of time, Bitcoin has far outperformed the metal, and likely will over longer periods as well.
For now, gold seems to be enjoying its time in the sun.  It will likely be a strong performer until inflation rates start to drop.  Bitcoin will likely trend sideways until the next round of money printing or perhaps even its next halving event in 2024.  Traders can find profitable ways to profit from both assets.

Now here’s the rest of the news:

Why Does This Economist Call Retirement “Financial Suicide”?
The latest official report from the Bureau of Labor and Statistics announced that price inflation of all items rose 8.5% in March.  This is the highest… [Read Here]

Will Inflation Reach 18% Before Christmas 2022?
In news that won’t surprise many people at this point, consumer price inflation is accelerating even faster as of March 2022.  Prices of “All items” rose 8.5% over last year… [Read Here]

April 19, 2021

Bad LuckGood morning.
Whatever is bothering the market now will probably not be bothering it six months down the line.  That’s the case with 10-year Treasury yields. After starting the year around 1 percent, they rose to 1.75, causing a few mild selloffs in big tech companies along the way.  However, the 10-year has now dropped to 1.58 percent, and the big-cap names in the market are back to all-time highs.
This isn’t the first time the market has been scared over some slight fluctuations.  But even bigger events, like the pandemic selloff last year, have waned in time as a fundamentally strong economy (especially once fully reopen) is likely to be solid for the stock market for years to come.  The market will find something else to worry about in time, but for now, rising bond yields isn’t one of them.

Now here’s the rest of the news:

Is Stagflation Coming? –Nouriel Roubini,Advisor Perspectives
From trade wars and de-globalization to aging populations and populist politics, there is no shortage of inflationary threats on the horizon… [Read Here]

Stock Market Leverage in La-La Land, Rises to Historic High –Wolf Richter
Most of the leverage in the markets is unreported until it blows up.  Margin debt is an indicator for overall leverage, and it has reached the zoo-has-gone-nuts level… [Read Here]

How Government Subsidizes Obesity –Barry Brownstein,AIER
People died because talking about obesity had become a third rail in America. Unfortunately, the killer was already in the house and her name is Little Debbie… [Read Here]

April 19, 2020

Motivation Sunday!

Here’s to a better YOU … and now …
Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy!

I’ll leave you with a picture from MacMillan Provincial Park Cathedral Grove Vancouver Island

Vancouver Island Park

April 19, 2017

Les BrownLes Brown said, “The graveyard is the richest place on earth”.

What did he really mean by that?  Another way to put it is, dying with the music inside you.
Many people have dreams of becoming successful and traveling the world or whatever your fancy is.
But then again, 90 + percent die without ever putting their ideas or dreams into action.  This is why it’s the richest place on earth.  And I don’t want that for me!  [I don’t want that for you either.]  I don’t want anyone to die with huge inspirations and dreams still inside.

Rob W.

Come From Aways, Do You?

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