One trader is betting $4.5 million that the Fed will pivot starting early next year – and that interest rates will drop to just 2 percent by mid-2023. If the trader is right, they stand to make a bundle. If not, the trade will lose it all.
Traders may be tempted to make that sort of bet. But a Fed pivot will first start with a pause – where the central bank says they’re done raising interest rates for now. That should lead to a modest rally for the stock market. And we’ll see that trend continue as rates go down, whenever that happens.
In short, a bull market turnaround is a process. It will take months to play out, much slower than the Covid crash and recovery in 2020. So traders don’t need to make big bets on a change now. Rather, some patience will offer better returns. Until then, there are still plenty of good short-side trades until a pivot, and many companies are at a solid long-term entry price here.
Now here’s the rest of the news:
Inflation Comes Down, but Gold Surges – What’s Going On?
Every time gold’s price surges like this, we expect there to be some crisis or calamity. After all, it was gold’s biggest weekly gain in 30 months… [Read Here]
November 21, 2021
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!!! A small wooden dory or rowing boat moored on flat calm water, in Savage harbour,
on Prince Edward Island, Canada.
November 21, 2020
Don’t concentrate on the final goal … instead:
Concentrate on choosing the day-to-day activity that will get us to our final goal.
“Better ‘at oops’ than at ‘what if.’
… and …
“If you want to go fast, go alone. If you want to go far, go together.”
Are Gold and Silver the Sleeping Giants?
“During times of inflation, and it is a matter of when not if, physical Commodities like Gold and Silver benefit immensely.”
Gold is a Hedge Against Bad Government Decisions.
“Gold is a hedge on policy makers screwing up, and there has been a lot of screwing up in the last 20 years.”
Precious Metal Prices
Price at week’s end (change over last week)
Gold … $1,873.54 (-1.0%)
Silver … $24.27 (-2.0%)
Platinum … $953.39 (+21.5%)
Palladium … $2373.22 (+37.3%)
America’s Economy Cannot Survive Another Lockdown… economist warn.
November 21, 2019
All good, and bad things come to a conclusion. Here’s part three of our 3_Part mini-series from Darren Hardy. “The Magic of Influence & Sales Persuasion”
I have special treat for you tomorrow! Want to attract money, stay tuned… 😉