Good morning, and Happy Independence Day!
Following a strong first half to the year, investors may be thinking that the uptrend will continue. A rising number of economists predict that a recession may be off the table this year.
However, looking to the end of 2024, we could see the real danger from the past year’s series of interest rates hikes. That’s because in 18 months, many junk-rated companies will have to refinance their debt at rates several times higher than what they last issued debt. Or pay it off. That could lead to a mini credit crisis similar to this year’s problem with small and regional banks.
For now, traders and investors alike should look at the balance sheets of their smaller cap stocks to determine which will most need to hit up the credit markets next year.
Now here’s the rest of the news:
Fed Stealthily Admits That Inflation Won – So What’s Next?
The Fed, claiming to be frustrated with “persistent” inflation, nonetheless recently paused in its interest-rate-hiking fight against it. Today, we ask why… [Read Here]
What Are the BRICS Planning With the August 22nd Durban Accords?
You’ve already met the BRICS and you know why they matter to the global economy. But why do their decisions affect us? You need to understand that first… [Read Here]
July 04, 2022
Good morning, and Happy Independence Day!
Rising interest rates have brought down stocks. They’re raising the costs of owning a home. And they’re lowering the price of bonds to drive yields up.
But banks are benefitting from this trend. How? By parking cash overnight with the Federal Reserve. In a process known as a reverse repo, banks are lending out $2.3 trillion overnight to the Fed. And that overnight rate works out to about $100 million per day thanks to a 1.55 percent rate. And that’s before excess reserves also collect interest at the Fed.
With interest rates continuing to rise, chances are financial companies will continue to benefit operationally, which may also help their share prices in the coming months.
Now here’s the rest of the news:
What’s Happening In Russia Proves Gold Is King
We’ve previously discussed how Russia accumulated the massive gold stockpile that it has with good reason. Russia’s gold has fulfilled the fundamental purpose of… [Read Here]
July 04, 2021
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: Newfoundland Icebreaker St. John’s, Canada.
… ship Texture Pack Ice Coast Guard.
P.S. “Try, try, try, and keep on trying is the rule that must be followed to become an expert in anything.” –W Clement Stone
July 04, 2020
Today is America’s 4th of July — Independence Day! — a birthday, of sorts. For some it may be a day of celebration, for others, a day of reckoning. Many will use this day to look back; others to look forward. Some will surely see progress made … others dealing with loss, will see something different. People will count their blessings; measuring gains, and endure losses. For sure, THIS 4TH OF JULY will make a defining mark a milestone in history, like-it-or-not. I mean it and sincerely believe, America needs Fatherly Love and Support: God Bless America.
Caryl and I will use this day to regroup, to remap what we see ahead. Plotting a path requires clearing a path; a declutter of the spaces within and without. [For me] It will be re-organizing the downstairs “workspace” … putting the tools back on the shelf and labeling storage boxes with their contents. [For Caryl] It will be “paint touch-ups” in the bedroom around the baseboard and trim. Later on, she plans to direct her attention to the master bath; where the final application of floor sealant will be applied … after a good cleaning.
I mentioned ‘spaces within’ … [Both Caryl and I] will Reprogram.ME (… begin a 4-week MP3 mind reboot course) Similar to re-reading The Secret and following the teachings of the Law of Attraction these four weekly audio lessons should provide a mind and body cleanse, a detox of sorts, for any stinkin’ thinkin’.
Cheers … as we wish this days’ recovery steps great success!
July 04, 2019
Let’s wake up to the truth about sales.
Opportunities to become a better salesperson exist everywhere.
For example, I was recently at home with my wife, Caryl, when I got a phone call from some-one interested in buying our home…
Their persistence certainly surprised me, but I was more shocked by the things this salesperson wasn’t doing. They never asked about my needs or listened to my concerns.
So many people are too concerned with convincing you that what they have to sell is GOOD, they do not even make sure it works for YOU.
I got off the phone and sat for a moment collecting my thoughts, realizing the opportunities this gal must be missing out on. Maybe even the opportunities YOU are missing out on.
Whether you’re an entrepreneur, business owner, or are looking to attain higher levels of success… you need to know how to sell. Being a great salesperson is one of the quickest ways to open up the many doors of opportunity that await you.
“It’s not about having the right opportunities. It’s about handling the opportunities right.” – Mark Hunter
Are you goin’ to love it, or list it? 🙂