Good morning. Bonds are on track for their third straight year of losses, thanks to rising interest rates. This would be the first time in history that bonds have had such a steady and prolonged loss. However, some traders are betting that yields will turn lower.
In fact, about 75 percent of traders see the next 100 basis point move lower, indicating an investor interest in bonds at or near today’s multi-decade high yields. If bond yields start trending lower, the stock market should also trend higher, in line with seasonal end-year trends.
Going into 2024, however, rising fears of a recession could lead to a divergence, where stocks start to sell off, but bonds continue to move higher, pushing yields lower. And any interest rate cuts next year would fuel a bond market rally. Investors should bet on an end-year market rally for now, but get cautious and look to lock in high bond yields in the coming months going into the first half of 2024.
Now here’s the rest of the news:
Why America’s Debt Interest Is Now A National Security Risk America’s gross national debt hit an eye-watering $33 trillion for the first time in September – mere months after eclipsing the $32 trillion mark earlier in the year. The U.S. is also currently spending more to pay interest on the national debt than it does on… [Read Here]
World Bank Warns Of Economic Fallout From Gaza War World Bank President Ajay Banga said on Tuesday that the Israel-Gaza conflict is an unnecessary global economic shock that will make it harder for central banks to achieve soft landings in many economies if it spreads… [Read Here]
October 11, 2022
This Thursday will bring the latest consumer price index (CPI) data. While the year-over-year data should show a decline, the real question will be how high inflation remains. Given supply chain issues and ongoing deficit spending, there’s a strong chance that inflation will continue to run higher than expected.
So this week could see markets break even lower. It’s also possible markets head higher, even on an overall bad read for the CPI. Traders may want to scale back this week, to get a sense of where the markets are going after this latest pieces of data – especially as it’s one of the largest and most important factors for investors trying to determine how high interest rates will go.
Now here’s the rest of the news:
Markets Are Expecting the Federal Reserve to Save Them – They Won’t I have said it many times in the past but I’ll say it here again: Stock markets are a trailing indicator of economic health, not… [Read Here]
American Families Drowning in Debt Cannot Survive What’s Next Right on the heels of a major market correction in late 2018, and the “pandemic year” crisis in late February 2020, comes the current U.S. economic… [Read Here]
October 11, 2021
The term “unicorn” was created to describe startup companies that had a valuation of over $1 billion based on their latest round of funding. The notion was that such a company should be rare, as at that size it would make sense to take a company public.
Yet today there are hundreds of unicorns. The rare species has become a herd. And none is bigger than SpaceX, the space exploration company run by Elon Musk. A recent funding round has led the company to become the first centi-billionaire firm, with a valuation of over $100 billion.
By the time the company goes public, there may not be much upside left for retail investors, a problem even smaller unicorns have faced, given the lackluster returns of IPO stocks in the past year. Investors would be wise to note that, even in the age of centi-billionaire firms, valuation matters. If a privately-held company can grow so large, valuations are still high… and likely to remain so for some time.
Precious Metals Prices Price at week’s end (change over last week)
With Stagflation Ahead, How Will Gold Respond?
We’re seeing a toxic brew of high inflation and slow economic growth develop, and the Fed seems ill-equipped to fix either. Here’s what that might mean for gold’s price… [Read Here]
Is The Small Business Sector Being Deliberately Targeted for Destruction?
Small businesses nationwide are failing at historic rates. Brandon Smith of Alt-Market.us speculates this may be a deliberate policy choice… [Read Here]
How the Housing Market Went from Overheated to Raging Inferno
How can homes be both unaffordable and in a bubble? In the background, unnoticed by most, the Fed has conjured another housing bubble… [Read Here]
October 11, 2020
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!!! St. John’s Row Houses … in Winter!
I’ve been told that if anything Newfoundland winters are good about, it’s their ability to clear the snow off the streets.
October 11, 2019
Good morning World! Although the unemployment rate has fallen to 3.5 percent, new data on job openings shows a drop to 17 months lows. What’s more, the level of hiring and quitting is also showing a slowdown. [Although these are USA stats … Canadian unemployment stats have also improved.]
This is typical when the job market reaches full employment, and many have argued that even a 5 percent unemployment rate is a worthy goal. But given this slowdown, which hasn’t showed up on a rising rate yet, the window appears to be closing, if ever so slightly, on finding a new, higher-paying job.
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Should you be thinking of change, job related, here are four keys to remember:
Believe in yourself and your message first, before attempting to make anyone believe in you. Your own conviction will manifest in your words and actions. You’ve probably heard about cult leaders who relayed their messages with such intensity and unfettered emotions that the audience would do anything being told to them, even if it means ending their own lives! But of course, you should use this only for good means.
Be consistent. Establish trust so people are more likely to believe you. Then say words that are honest and consistent with your actions and body language, so your future messages are more credible. Make sure that your voice volume, pitch, and tone, as well as your gestures, are appropriate for the current situation. Just imagine the insult and awkwardness if you’re attending a funeral and you suddenly laugh. Be aware of your words and movement always.
Be yourself. Don’t be someone you’re not. If you’re in love with someone, for example, but have qualities not compatible with him and fake your behavior or “wing” things just to impress him, sooner or later, you’ll be found out. Don’t claim to be someone you’re not.
Never lie. One lie, just one lie you say, will make people doubt whether all the past things you’ve said are true. That will ruin their trust in you, and they might never believe you again.
Whatever you say from then on, they will scrutinize first and ask themselves, “Can that be true?” And when you’re persuading people, you possibly allow them to have any doubts in their minds!
“There are no limitations to the mind except those we acknowledge. Both poverty and riches are the offspring of thought!” —Napoleon Hill