NewCover with LOGO

07-JULY 24-2023

Tempting July '23Good morning.  We’ve looked at the U.S. Treasury curve before.  That’s because the curve has been inverted for several months.  Historically, every recession since the end of World War II has seen a recession 12-18 months after the yield curve inverts.  More importantly, there have been no false positives – times when the curve has inverted but there hasn’t been a recession.
Could this time be different?  The yield curve isn’t just inverted right now – it’s now at its steepest point since 1981, during a short but steep recession that occurred to help crush the inflation of the 1970s.  And this time around, inflation was fueled in part by a series of stimulus payments during the pandemic and after.
With the job market holding up well, and the housing market adjusting to higher mortgage rates, chances are we may not see a big recession, if at all.  However, traders should still heed the warning, and have a plan in place for the sudden emergence of a sudden market drop.  After all, the yield curve inversion in late 2019 came just ahead of the Covid crash in early 2020, even before the first case of Covid developed.

pmp-july 24, 2023

Now here’s the rest of the news:

Why Countries Are Desperate to Bring Their Gold Home
In another interesting development in the global de-dollarization drive, an increasing number of countries are repatriating gold reserves.  Though they cite a number of explanations, this one is… [Read Here]

July 24, 2022

Lookin’ out the window…
Lookin' out the window

of the Quidi Vidi Brewery, St. John’s, Newfoundland.

July 24, 2021

Letting Go Of Guilt

“Guilt can stop us from taking healthy care of ourselves.”Melody Beattie

Guilt is like a rock.  It sits in the pit of our stomachs and can weigh down our every thought, behavior, and action.  It can distract us all throughout the day and keep us awake at night.  Our muscles work overtime just to carry it around, and yet we still hold onto it.

Shouldn't feel guiltyIt’s imperative that we stop feeling so guilty.

That’s not to say that you shouldn’t feel guilt.  True guilt is a loving instrument from Spiritual Guidance used to convict, correct, and confirm your character when you go astray.  True guilt is your friend, a Spiritual companion that whispers truth and motivates you to reconcile and seek forgiveness.

Much of the time, however, the things we feel guilty about are not our issues.  Another person behaves inappropriately or in some way violates our boundaries.  We challenge the behavior, and the person gets angry and defensive.  Then we feel guilty.

Guilt can prevent us from setting the boundaries that would be in our best interests – and in other people’s best interests.  Feeling guilty can distract us and rob us of the precious resources we need to take care of ourselves.

While there is friendly, helpful guilt that helps us stay true to our path and moral compass, the other, more common, lingering guilt is a secret conspirator that taunts and condemns, bringing dishonor and shame.  This type of guilt arises when you blame yourself even though you’ve committed no wrong or when you continue to blame yourself after you have repented and righted your ship.

Today is the day to let go of your guilty feelings – big and little.  Just like feeling good about ourselves is a choice, so, too, is feeling guilty.  When guilt is legitimate, it acts as a warning light, signaling that we’re off course.  After we make amends or change a behavior, its purpose is finished, and it’s time to let the guilt go.

What are you holding onto?  Have you taken steps to make amends and clear away legitimate guilt?  Is your guilt still haunting your every move?  If so, try this exercise from author Melody Beattie:

  • First thing in the morning and last thing in the evening, look into a mirror and look yourself in the eye.
  • Say out loud seven times: “I now release all my guilt, earned and unearned.”
  • Do this for week.
  • See if your guilt doesn’t disappear.

To One Day At A Time,
Change That Up!

July 24, 2020

Okay-Everyone-Take-FiveGood morning.
Apple had to get one of the most back-handed price target increases in history.  The Goldman Sach’s analyst raised the target from $263 to $299 and said that investors should “avoid” the stock as its rally is “unsustainable.”  Of course, the price target increase is over $70 less than its current price, but it drives home the notion that bears are starting to feel emboldened and the aging bull is getting tired.

Now here’s the rest of the news:

 

July 24, 2019

“Weed legalization gets bipartisan support” (no joke)

This ’tidbit’ originally appeared in Wealth Daily.

“US lawmakers look to legalize pot in ‘historic’ marijuana reform hearing”

That was the headline from CNBC last week, after congressional committee members convened for the first-ever hearing on ending marijuana prohibition in the U.S.

In case you didn’t get that, let me say it one more time: the first-ever hearing on ending marijuana prohibition in the U.S.

Fox Business echoed CNBC’s reporting, saying, “Marijuana legalization gets bipartisan support in ‘historic’ hearing.”

The development deserves repeating because of how incredibly monumental it is for the marijuana industry and its investors.

**  **  ***  **  **

U.S. home prices have been on the rise since 2013, but wage growth reveals people are working more for less purchasing power.  It looks like there’s a fatal flaw in the Fed’s monetary policy, and it’s asset buyers who could be paying the price in the form of inflation.  (Even shinier … gold.)

All this as gold’s summer sparks could continue into next Fall.  (As recession fears persist, one research firm says the stellar movements gold has seen seeing this summer should continue into the next quarter.)  This Week’s Quote comes from Andrew Addison:

“The price of gold has gained 9.6% to $1404.30 an ounce this year, and my work projects the precious metal will move substantially higher from current levels as it starts a new bull market. The fundamentals and technicals are aligned for gold to maintain its upward trend in the coming months.”

**  **  ***  **  **

Oh!  Did you hear the rumor about butter?  Well, I’m not going to spread it!

IMG_0712
Come From Aways, Do You?

More Posts

04-APRIL 16-2024

If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under

04-APRIL 15-2024

You see things; and you say, “Why?” But I dream things that never were; and I say, “Why not?” Now here’s the rest of the

04-APRIL 14-2024

Commitment leads to action and action brings your dream closer.         April 14, 2023 Good morning. As investors, the market’s trend is

04-APRIL 13-2024

When you identify your fears and learn to use them positively, you can develop ways to deal with them that will catapult your dream into

04-APRIL 12-2024

Simply changing your belief can shift your internal conversation from thinking of  your dream as impossible to seeing its possibilities. Now here’s the rest of

04-APRIL 11-2024

Keep speaking your dream. Keep speaking the possibility. Now here’s the rest of the news: Behind The “Good Jobs Report” Lies This Fine Print First

04-APRIL 10-2024

This space is available for your dreams. Now here’s the rest of the news: Discount Retailers Wiped Out By Inflation Another budget retailer filed for

Like this article?

Share on Facebook
Share on Twitter
Share on Linkdin
Share on Pinterest

Leave a comment

Send Us A Message