Good morning. Although the U.S. averted a debt ceiling shutdown in the spring, the government is now projected to run out of money – again – on September 30th. That’s plenty of time for markets to prepare.
While it will likely mean a little bit of volatility, as a shutdown could lead to a slowdown in discretionary government spending, chances are it won’t mean much, just like other past government shutdowns. Amid rising credit fears and a shaky market, however, the next few weeks could see more volatility than usual going into September and October. Those are historically the worst performing months of the year.
Traders may want to look for downside opportunities in the coming weeks ahead of a shutdown, particularly for overbought stocks ripe to drop. And investors can start looking for companies to buy off their highs for the year, right before what will likely be a seasonal year-end rally.
Now here’s the rest of the news:
The U.S. Dollar’s Monopoly Is Not Going Well
Thanks to the Biden administration’s bone-headed blunder, we’re on the brink of a revolution in global economics. The U.S. government thought it had a monopoly on money – and, while you can print dollars, you can’t print trust… [Read Here]
Freight Recession Continues To Expand
Every freight recession takes out already teetering trucking companies, and this time, it was long-teetering and bailed-out less-than-truckload carrier Yellow, the largest trucker ever to file for bankruptcy liquidation. During the last freight recession in 2019… [Read Here]
August 23, 2022
With inflation finally dropping on a year-over-year basis, investors are looking ahead to a potential shift in monetary strategy. For some, that means buying bonds now, on the rationale that yields may have peaked with inflation and can head lower.
While that’s certainly true in time, it may take a while to play out. And anything can happen in the meantime. With the stock market now having some strong down days, traders should still wait for a stronger all-clear signal before buying into this asset class. And with renewed market volatility, stocks are largely in the same boat. Unless you’re buying for a dividend or the long term, don’t worry too much right now about keeping an above-average level of cash.
Now here’s the rest of the news:
Phillip Patrick – D.C. Tries to Bury This Economic Fact Under a Mountain of Lies
The more I learn about the way the Bureau of Labor Statistics (BLS) calculates changes in the cost of living, the more… [Read Here]
Bear Market Warning: 3 Ways to Protect Your Savings
If you’re nearing retirement age, or you’re simply considering the best ways to ride out the storm savaging the financial markets this year, then you’re not alone. Millions of… [Read Here]
August 23, 2021
A number of factors suggest that the stock market is about to get more volatile. First, we’re going into the autumn months, where the stock market tends to see some of its biggest moves. September is usually the worst month for the market on average, and October tends to see some big one-day drops.
This time around, we’re also seeing a declining breadth, with fewer and fewer stocks helping the overall market move higher. That’s not a healthy sign. Finally, the market has now gone its longest period ever without a 5 percent correction. So a small pullback and some more volatility in the coming days looks increasingly likely for a number of reasons.
Precious Metals Prices
Price at week’s end (change over last week)
Gold … $1,782.42 (+0.1%)
Silver …$23.10 (-3.0%)
Platinum …$1,004.97 (-3.2%)
Palladium … $2,308.50 (-14%)
Now here’s the rest of the news:
Inflation and Debt Ceiling Drama Create a Great Time to Buy Gold
Focusing on day-to-day changes in gold price misses the big picture. Here’s why a number of top analysts think it’s a great time to buy gold… [Read Here]
“I Have No Choice” But to Keep Working
Social Security is in trouble, along with millions of elderly who can barely make ends meet. We doubt the program to magically become solvent, so we discuss a Plan B… [Read Here]
The Slow-Motion Train Wreck of Market Mania and Inflation
Neither deluded stock boosters nor the Fed are likely to change tracks. Here’s why this inevitable collision may lead to a major crash… [Read Here]
August 23, 2020
DECLARATION FOR THE DAY:
“I plan what I want, and I stay focused on that plan.”
(Say this 3 times today)
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Describing its beauty!!! Located near Lillooet, British Columbia
Small Town, Shalalth, on the Indian Reserve near Seton Lake during a vibrant summer day.
The Power of Gratitude
“If you learn to appreciate more of what you already have,
you’ll find yourself having more to appreciate.” —Michael Angier
What if there was something that was both simple AND that could radically transform you, your life, your relationships, and your health?
Would that be something you’d be interested in? We thought so.
Believe it or not, this “something” that we’re talking about is gratitude, and yes, it really is that powerful. Research has shown that practicing gratitude can:
- Elevate your mood
- Reduce feelings of depression
- Help you feel more connected
- Help you become a better, more likeable, more trustworthy person
- Lower levels of inflammation
- Reduce anxiety
- Boost energy levels
- Reduce the severity/symptoms of illness
- Improve your sleep
- Helps you develop stronger bonds and relationships
Simply put, giving thanks can make you happier, and by helping you get outside of yourself, stop being self-centered, and become other-focused, gratitude can help you get away from ruts, setbacks, and self-pity. It may also make you more successful.
According to legendary pastor and leadership and management expert John C. Maxwell, gratitude, by its very nature, automatically works to eliminate three mental characteristics that most undermine individual success in an interactive world:
Maxwell also talks about how gratitude can enrich your life:
- Grateful people linger over life’s blessings
- Grateful people live in the moment
- Grateful people leave fear behind
- Grateful people live on purpose
- Grateful people love those beside them
So, how do you put gratitude into practice? Great question. In a New York Times article, Arthur C. Brooks, author of Gross National Happiness, suggests practicing three gratitude strategies to tap into its powerful benefits:
- Interior gratitude: Keep a daily or weekly list of the things you are grateful for. For example, each day you might write down 1 – 3 people or things you are grateful for.
- Exterior gratitude: Write thank-you notes and share your gratitude with others. These can be hand-written notes, phone calls, emails, or text messages.
- “Be grateful for useless things”: Mindfully express thanks for the everyday stuff that we too often take for granted, like running water, air conditioning, washing machines, etc.
Oprah Winfrey, a leader in the consciousness of gratitude, may have said best, “Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.”
August 23, 2019
A rumour swept the market Thursday morning that Volkswagon had an interest in a stake – perhaps the outright purchase of – Tesla Motors. While traders sent Tesla shares up 3 percent in early trading, a denial by Volkswagon sent shares back down.
A deal wouldn’t have been that bad, compared to the past price of Tesla shares. At a current price of $220, Tesla shares are now about half the $420 price point mentioned by Elon Musk last year as a buyout for the company – and a price where he famously (for infamously, depending on your view) tweeted “funding secured.” Perhaps there will be funding if shares drop into the $100 range?
** ** **
When you watch a star athlete in action, whether it’s boxing, basketball, football, tennis, or golf, they make winning seem effortless. That’s because they’ve put in the work, practice, and training to get to a very high level. They’ve also done their mental “homework,” which means they know they’re going to win before they even play.
I know some people sell high-ticket training packages and receive a hefty affiliate marketing cheque. And granted, it is slightly harder to find customers who’ll pay higher prices than those who won’t. But I want to guarantee your success, here and now, not at some distant future or point that may never come to you. I like to deal in reality. I trust you do too.
Remember: finding your niche and target market ALWAYS comes first. Don’t promote or create a product and then try to find a target audience for it. Choose your audience first. The best analogy I ever heard about this was from a guy called Howie Jacobson, when he said, “Untargeted marketing is like trying to shoot a mosquito with a shotgun.”
The bullseye area with the most targeted prospects is also the smallest in size. But that’s where the hyper-responsive buyer are, so that’s where you’re going to make the most sales.
August 23, 2018
What do I mean:
- We let people in on a little secret. When we show them the hundreds of dollars they are throwing away each year in extra tax money, they will beg you to explain, “How they can keep from doing it again this year, next year, and in the foreseeable future.”
- With this new tool — you have just shown them how easy it is to create interest in owning a home-business. If they have a home-business right now, you have just made it much more successful by introducing this “Tax Saving Calculator” to their business. [You just received a 50% affiliate-marketer-sale.] Congratulations!!!
- And if they don’t have a home-business — you invite them to join yours — for the same great products and instant tax incentives, you received. If nothing happens directly [today], you have added a friend (complete with contact information). Who knows, at some time “down the road” this person may become a customer, business associate, or just may refer “their friends” to you.
I like this approach because you are providing benefit, without the expectation of reward. Reward will likely come your way, no doubt about it, but, they’ll be offering benefit to you versus you asking benefit from them!