Good morning. Last week, the market was focused entirely on the labor market. Friday’s jobs report raised more questions than it answered. While 336,000 new jobs were created, a huge beat in expectations, the unemployment rate didn’t tick lower from 3.8 percent. And most of those jobs were in the service industry, and were part-time in nature.
This week, the focus will move back to two assets moving markets in the past month: Bonds and oil. 10-year bond yields hit a 16-year high last week. While the rate of the bond selloff is slowing, it could still weigh on market returns in the coming weeks. Oil’s pullback last week will give consumers some relief, but it may be short-term in nature. Investors and traders alike should look for another volatile week, but we may be close to markets having a big oversold rally in the coming days.
Now here’s the rest of the news:
Costco Gold Rush Triggers New Wave of Mainstream Demand
Costco’s CFO Richard Galanti: “I’ve gotten a couple of calls that people have seen online that we’ve been selling one-ounce gold bars. Yes, but when we load them…” [Read Here]
October 09, 2022
Just like clockwork, the canon is fired at noon from Signal Hill…
St. John’s, Newfoundland.
October 09, 2021
“If you want to be successful, focus on ONE habit at a time.”
Is Your Relationship A Ten?
Building and maintaining a great relationship with someone is an all-the-time endeavour.
The following simple process is one you can use for any relationship – personal, professional, coworker, boss, friend or business partner.
If we really care about a relationship, we have to regularly check on how we’re doing. We can’t depend upon the other party to always tell us what’s working and what’s not.
Here’s the sequence: Ask them, “On a scale of one to ten, how would you rate our relationship?” And then wait for the answer. If they’re slow to respond, you may want to jump into the silence. Resist that temptation.
If they rate your relationship anything less than ten, ask, “What would it take to make it a ten?” Again, it’s worth the wait for answers that will give you important insight into what the other person wants and needs.
Assumptions can wound or even kill the best of relationships. These simple questions can keep assumptions from hurting your relationship and help you develop a deeper, more fulfilling one.
It may seem uncomfortable at first, but it gets easier. It’s often a conversation that will continue over several sessions. It’s a great springboard for some in-depth discussions, so get ready for some breakthroughs.
If they rate your relationship anything less than ten, ask, “What would it take to make it a ten?”
As we like to say, “feedback is the breakfast of champions,” and using this process can only help you win.
“Personal relationships are the fertile soil from which all advancement, all success, all achievement in real life grows.” –Ben Stein
October 09, 2020
Don’t believe that markets are addicted to stimulus? Consider Thursday’s job numbers. Over 804,000 workers filed for first time unemployment benefits. That’s a lot of people who experienced a job loss more than eight months into a global pandemic.
Yet the market rose. Why? As long as the job market is struggling, the possibility of continued stimulus — which also helps keep the market propped up — is likely. Much like the “Trade War” headlines the past few years, a lot of the daily market moves can now be attributed to potential stimulus measures. That’s a trend worth paying attention to.
Now here’s the rest of the news:
October 09, 2019
We will face challenges day! Are you making this grave mistake? Here’s Darren Hardy to elaborate!
Wasn’t that good … or … were ‘things not always as they seem’?
Make this your Best Day Ever! 😉