Good morning.
Since the Great Recession, both retail and professional investors have come to expect central banks to lend a helping hand. Keeping interest rates low has made it easy for asset prices to soar. But now, with inflation running wild, rates are rising – and central banks are committed to crushing inflation first.
That’s why inflation is likely worse than it looks today. And also why those who expect a quick turnaround in today’s markets are likely to get burned. The days of the bailouts may not be over, but it may be worth crushing asset prices further in the coming months to get inflation out of the system.
Traders looking for a market recovery will need to look out for themselves and not expect central banks to act in their best interest. Fortunately, traders can benefit from short-term moves on the downside in the coming months, as well as trades that play to overall high market volatility.
Now here’s the rest of the news:
Biden’s “Inflation Reduction Act” Instantly Turns Disastrous
Just 1 in 4 Americans believe that President Biden’s so-called Inflation Reduction Act will actually reduce inflation, while 71 percent say the law will either have no impact or make things worse. The majority is right to be skeptical… [Read Here]
September 02, 2021
Good morning.
The United States was brought into World War II after the Japanese bombed Pearl Harbor. But that move occurred months after the US, a major oil exporter at the time, cut off supplies to Japan. The next shooting war may also start off over a battle for resources. In this case, the most likely resource to be fought over is semiconductor chips.
Disproportionate amount of global production occurs in Taiwan, an island that mainland China views as its own. With the US withdrawal from Afghanistan being executed poorly, some see a conflict between Taiwan and China as the next geopolitical flare-up. If so, a quick takeover of Taiwan by China would put it in a position to dominate tech production until more facilities are built in friendlier areas.
Now here’s the rest of the news:
Sign of the Labor Shortage: An Alabama Pizzeria Offered to “Literally Hire Anyone” –Grace Dean, Business Insider
Restaurants across Alabama say they’re struggling to find workers. At least three Chick-fil-A restaurants in the state have closed their dining rooms for this reason… [Read Here]
How the Fed Is Enabling Congress’s Trillion-Dollar Deficits –Ryan McMaken, Mises Institute
While it is no doubt tidy to think the Fed makes policies based on economics, what actually concerns them? Enabling ongoing deficit spending, for both Congress and the White House… [Read Here]
September 02, 2020
Good morning.
Following Zoom’s explosive move after its earnings report, traders jumped into the game on other companies set to announce. Names like Chewy Inc, Peloton Interactive and a host of other companies surged ahead of their reports. The buying frenzy in select names has really been a hallmark of this rally and so far, the bears haven’t spoiled the party on the first trading day of September.
If you don’t own gold … now is the time!
Now here’s the rest of the news:
Is Trump About To Shut Down The Federal Reserve?
If you haven’t noticed already, prices at the supermarket have steadily been rising since March of this year. Do you know what the number one cause of rising prices is? It’s simple. The federal reserve pumping more money into the economy. Because of the virus, the Fed’s balance sheet has SKYROCKETED by over $7.2 Trillion for the first time in history. By implementing the first stimulus bill, America’s debt jumped from $21 trillion to OVER $26 trillion. But, President Trump strongly dislikes the Fed. Trump has been hammering the Fed since his first day in office. In fact, President Trump would prefer America to have a Gold Standard so that we would not be facing growing inflation, rising consumer prices, and bloated debt.
“We used to have a very, very solid country because it was based on a gold standard.
We don’t have that anymore.” —President Donald Trump
Some financial analysts are on record saying that President Trump not only can but will take over the fed and shut it down and put America back on the gold standard. Trump is a big proponent for gold. In fact, in May of 2019, the Washington Post quoted the President that: Bringing back the gold standard would be very hard to do, but, boy, would it be wonderful. We’d have a standard on which to base our money.” The federal reserve act of 1913 does not protect the fed; it simply gives them the charter to exist. Those who already own gold will profit handsomely if this happens. Many are betting that it will. Just visit any financial news website, and you will see story after story of government, nations, and wealthy people buying and hoarding gold.
September 02, 2019
Darren Hardy shared, once again his Daily Motivational Message: Final Words of Wisdom
Watch it here and share your thoughts below!
Sombering words … you’ll heed … I hope! 🙂
September 02, 2017
WOW — just flippin’ wow! Caryl and I arrived excited to be meeting our “sisters and brother-in-law” coming all the way from London, England to gather for a Maritime Adventure to remember!
Sit back and enjoy it with us.
Today we picked-up the KIA (9-seat) Sedona for our approximate 1700 mile hop, (that’s 2750 KMs).
Everyone’s a bit jet-lagged but we managed a pic or two at the Halifax Airport arrivals gate… (from left to right, Dione is holding her grandson Cameron; Olly and Alan, Caryl and Esme.) I’m taking the picture … as Dione surprised us all by visiting from Dartmouth, NS a day earlier than expected. Dione is, one of two, of the sisters’ cousin Joan’s daughters. It sounds confusing, and can be a bit… This is the first time any-of-us has met Dione, and of course Cameron, before today!
Here’s the fab-five having dinner at Tomavino’s Restaurante down by the water. It’s a bit dark, but it was out of my hands!
REW
