Good morning. The cumulative effect of price hikes over the past few years, and a challenging economic environment have led the world’s second largest brewer, Heineken, to warn about “beerflation.” Amsterdam-based Heineken has seen its profits drop 22 percent, as volumes have slid 5.6 percent over the last year.
Typically, in a slowing economy, small luxuries such as a beer, or taking the kids out for ice cream stay in the family budget. It’s the bigger and more expensive restaurants and vacation opportunities that get passed up. But this slowdown shows how inflation remains sticky, even as it comes down from its pandemic era peak.
Investors should still focus on great brands, and use any opportunity to get that brand at a discount. Chances are fears of “beerflation” will pass in time – and if companies are blaming inflation for poor sales now, it may be a contrarian sign that inflation has just about reached its full impact on consumers.
Now here’s the rest of the news:
How The Fed Might Trigger Another Great Depression Higher interest rates are the Federal Reserve’s number one weapon in the anti-inflation fight. Unfortunately, higher interest rates are toxic to debtors – and when we remember that this is the world’s… [Read Here]
Businesses Pass On Surging Input Costs To Consumers The message about “sticky” inflation in services, as seen from the companies’ point of view, was the most interesting element in the S&P Global Flash U.S. Composite PMI for July, released today. It was another item on a long list of items that document… [Read Here]
August 01, 2022
Last week saw a strong rally for the market, with the best-performing week for stocks since 2020. That’s in spite of data indicating the economy continues to contract. As we get into August, however, that rally should cool.
On a technical basis, the market has now had a strong rally. But it also fits the pattern of a bear market rally. And until the Fed stops raising interest rates, we likely won’t see a sustained rally higher – aka, the so-called “pivot” that will signal a true change in the market’s long-term trajectory.
All told, that points to some caution ahead for traders, especially given the steep rally in the past week. Traders can look for strategic put option plays here. And look for ways to hedge existing positions with options trades like covered calls as well.
Now here’s the rest of the news:
Top Analyst Predicts Where Gold Is Going, and It’s Almost Unbelievable Gold investors shouldn’t look forward to a reversal in the Federal Reserve’s tightening policies because a flip-flopping Fed would create the kinds of… [Read Here]
August 01, 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: Ucluelet lighthouse at rocky western Pacific Coast of Alberni-Clayoquot County, Vancouver Island, British Columbia, BC, Canada
… Canadian coastal areas are so beautiful.
August 01, 2020
Debt doesn’t matter…
That’s a slogan that’s gaining popularity among economists. It’s music to the ears of politicians on both sides of the aisle. It gives them permission to continue their out-of-control spending…
Of course, we’re talking about the national debt. The U.S. now owes $26 trillion and has another $153 trillion in unfunded liabilities. It’s hard to imagine a number that big … A trillion dollars has 12 zeros.
In one sense, the economists are right. The debt doesn’t matter – because it’s never getting paid back. The government will continue to print more money to pay the interest for as long as it can get away with it.
The system of ever-expanding debt works great for politicians with election promises to fulfill, and for people and corporations on the receiving end of the dole.
But if you’re reading this, chances are it doesn’t work so well for you…
and It’s Market Update: August 1, 2020
The recent ascent of gold and silver prices have many talking, and for good reason.
Due to the convergence of five major factors, we’ve got you covered on what’s propelling prices higher, and why each metal still has much more room to run. [Get the details on this week’s historic rise here…]
Forget $1,911 – Gold Soars Towards $2,000 (And Silver Climbs Even Faster) After blowing past the prior record set in 2011, many experts predict gold will soon reach even greater heights. Here’s why they say the run is far from over. [Read Here]
“Dollar Debasement” Driving Gold’s Record Rise, Says Goldman Sachs After facing downward pressure for years, the dollar has begun to crater in recent months, contributing to gold’s historic ascent. Here’s what could be next. [Read Here]
After Record Week, Next Stop $2,300 Gold and $30 Silver? The recent ascent in prices have our customers talking, and for good reason. Here’s what’s propelling them higher, and why each metal has much more room to run. [Read Here]
Gold currently at $1,978.64 (+3.9% over last week), silver at $24.51 (+7.1% over last week)
SAY OF THE DAY
“Investors have focused on a rise in record prices for gold, but silver’s up nearly
25% in July — the metal’s second-biggest monthly gain on record — and it’s still
undervalued compared with the yellow metal.” —Myra P. Saefong
August 01, 2019
Being liked by people is often considered more important than having authority or talent. (There are some individuals who don’t have much skill or intelligence, but they are successful because people love them and would do anything for them.)
Doctors spend more time with patients they like; they ask them to come back more often for further check-ups. Judges or juries give lesser penalties to guilty parties whom they like. Students learn faster if they like their teachers. People like doing business with people they know and like.
The more friends you have, the better your chances of having more people like you. Having many friends means that you have a support group and safety net who you can rely on – and ask help from – any time you need one. Here are 10 ways to make people like you very much, they include:
Give sincere compliments.
Focus on them and their interests.
Say these three magic words more often. (I like you!)
Share your secrets.
Make him/her laugh.
Conform to his/her primary sense or senses.
These ten techniques will not fail you in making anyone like you … A Lot More! (The more activities you participate in, the social events you attend, the more you mingle, the more face-to-face meetings … exposure and familiarity relaxes people.) Volunteer your time and expertise! People like to help other – they really do. Most of them will appreciate and remember what you’ve done for them and return the favor.
Law of reciprocity.¹ 🙂
¹ It’s considered by many to be the most powerful law of human nature. Basically, it states that, “If you do something nice for me I’ll do something nice for you.”
August 01, 2017
Nice words for nice prospects.
Certain words and phrases make it easier for prospects to accept what we say. Here are some examples.