Good morning. The old Wall Street saying “buy the rumor, sell the news” could play out with the overall market this week. Recent economic data has supported a “soft landing” scenario for the economy. Inflation is coming down, but the job market is holding up well.
This week’s economic data on the trade deficit and initial jobless claims could further the rumor and show that it’s true. Given the market’s runup the past few weeks, this week may be the last chance stocks have to pause before a year-end rally.
Monday’s market performance, with stocks starting down but coming off the lows, indicates that traders should look for small trades to take advantage of a slight downside trend this week. Investors should look for buying opportunities going into next year.
Now here’s the rest of the news:
The Key Difference Between GDP And Prosperity
The White House is happy to tell you that Bidenomics has been a huge success! Just look at the latest GDP numbers. But that’s not quite the whole story… [Read Here]
Bidenomics Is Bankrupting Americans, And Here’s the Proof
With the purchasing power of our paychecks declining despite the upbeat GDP report, Biden declared war on supply chain snarls. One small issue… [Read Here]
December 05, 2022
We’re going to need a lot of milk cartons. While the latest jobs report on Friday reported a great headline number, with unemployment still at 3.7 percent, there’s only increasing trouble behind the headlines. First, there’s been massive growth in part-time jobs. But full-time job openings have plummeted.
And there’s a growing divergence between the government’s Household and Establishment surveys… now reaching a gap of 2.7 million workers. With the massive number of layoffs in big tech in recent weeks, it’s possible that the most recent jobs numbers are based not just on real jobs, but on jobs entered onto some government spreadsheet.
In any event, caution is still the name of the game. Layoffs are rising. Interest rates are still going up. And the economy is still growing slowly. So don’t expect a new bull market, and look for some downside trades that can profit from another swing lower in the market.
Now here’s the rest of the news:
China Moves One Step Closer to Dethroning the Dollar
De-dollarization seems to be all the rage these days. No longer is it constrained to sanctioned nations cut off from dollar use. Instead, it seems to be… [Read Here]
We’re Celebrating Christmas with a Free Gift of Gold
This year has been an amazing time for the Birch Gold team. Yes, there are ongoing economic challenges: worldwide 40-year record-high inflation, the… [Read Here]
December 05, 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!!! Port-aux-Basques village on Newfoundland, Atlantic Canada,
with storm battered barren rocky shore protecting the town.
December 05, 2020
Are You a “Taker” or a “Maker”?
Want to know the secret behind great achievers? It comes down to mindset. For Benjamin Barber, an eminent sociologist, once said, “I don’t divide the world into the weak and the strong, or the successes and the failures… I divide the world into the learners and non-learners.”
And while there are different ways to categorize mindsets (e.g., fixed vs. growth), when it comes to leading a life of significance, we like to think there are two kinds of people: Takers and Makers:
- Takers are those who take, grab, and consume what they can to meet their own needs. Takers operate with a scarcity mindset.
- Makers are those who give and make things happen. Makers cause progress and foster success in others. Makers envelop an abundance mindset.
In his classic book The 7 Habits of Highly Effective, Steven Covey explains the concepts of abundance and scarcity beautifully:
People with a Scarcity Mentality have a very difficult time sharing recognition and credit, power or profit — even with those who help in the production. They also have a hard time being genuinely happy for the success of other people.
The Abundance Mentality, on the other hand, flows out of a deep inner sense of personal worth or security. It is the paradigm that there is plenty out there and enough to spare for everybody. It results in the sharing of prestige, recognition, profits, and decision-making. It opens possibilities, options, alternatives, and creativity.
The good news is that if you find yourself deeply rooted in a Scarcity Mentality (which most people are), you can make a “paradigm shift” to an Abundance Mentality by changing your thoughts and mindset:
2. Escape loss
2. Pursue the vision
So, when reading over these points… I feel it’s very hard to do a complete 180… but maybe instead try to shift slowly or say to yourself, “I can be better in this area”… finding one maybe two things where you can “shift” to the other Paradigm.
To a Better You,
Change That Up
December 05, 2019
That trade war narrative continues to drive markets, often to the point of absurdity. Futures surged Wednesday morning on an unsourced headline on Bloomberg news that a trade deal with China is, in fact, imminent.
That was enough to send markets back higher following a three-day pounding that set a poor tone for the last month of the year. Investors love clarity, but they’re not likely to get it anytime soon. The only certainty at this point is a waffling uncertainty on trade. And when that gets boring for markets, there’s usually another round of Brexit talks to break the monotony. Expect this volatility to continue… and to increase in 2020 ahead of the elections.
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Sunny Lenarduzzi just posted this great YouTube video, which I snatched just for you!
‘How Much Does YouTube Pay YOU for 100,000 Views?‘
…a million? Here’s another hip-tip as promised.
I love IKEA’s new desk that changes from a sitting to standing position very easily. It also important to TAKE SHORT WALK BREAKS.
If you’ve been sitting too long, standing is the next step to relieving your hips and reducing the stress that contributes to recurring bursitis. Standing up or walking around — even better — can decompress the hip joint and return the joint to mobility and health. Don’t forget that when you sit down, you’re taking the weight off the muscles and placing it on the bones and connective tissues, compressing the spine and hip joint.
The best thing to do is punctuate your sitting or static standing with brief walks. This is key when you’re in the office, for example, and spend a long time in a compromising position. Try setting regular alarms that force you to get up and move — even if only to the water cooler — or make it a habit to take a short stroll every time you achieve a small goal or task.
What do you have to lose? … The pain. 🙂