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12-DECEMBER 10-2023

Social Mobility_22Wow!

Long live the king!

Everything else is pretty much the same.

 

 

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December 10, 2022

Today!

December 10, 2021

Happy to be employedGood morning.
The stock market has been the top place to protect wealth.  In some years, bonds or cash may outperform when economic fears sink in.  But in the age of traders buying every little dip along the way, that’s becoming a rarer phenomenon.
The good times for the market are likely to continue in 2022.  The top equity strategist at Goldman Sachs (GS) predicts a 10 percent return for stocks.  That’s a little low compared to recent years, but is still higher than the historic return for the market on average.  And, stock indices tend to be weighted towards companies with the ability to raise prices on customers faster than inflation, creating a hedge against that uncertainty.
All told, stocks still look like they’ll perform well going into next year.

Now here’s the rest of the news:

3 Scenarios Where Omicron Could Crash Stocks
Most investors will enter this week confused after battling through another topsy-turvy trading week.  Bitcoin nosedived at its worst by 20% over the weekend (more on that below).  Last week, the S&P 500 saw five straight losses of at least 1% at one point… [Read Here]

5 Inflation Myths That Could Financially Ruin You (#4 Is Outright Stupid)
Inflation is running rampant.  At first, the powers that be tried to convince us it wasn’t a problem because it was just a temporary phenomenon caused by coronavirus. (As if a virus could cause the money supply to increase.)  But now, the transitory inflation narrative is dead.  Jerome Powell recently admitted… [Read Here]

December 10, 2020

Routine ProcedureGood morning.
We knew that the market’s ups and downs would, in the short-term, be dependent on stimulus talks.  With yesterday’s frustrations came a market selloff.  But it’s not the end of the world.  Markets have largely priced in a stimulus package, and it’s only a matter of time before politicians give the voting population what they want.
Of course, not every stock will go along for the ride.  The news that the FTC, as well as 48 state attorneys general, are suing Facebook for running a monopoly brings back the days of the government’s antitrust case against Microsoft.  That may weigh on some big tech shares, so expect more volatility than usual in the tech space.

Now here’s the rest of the news:

U.S. Economy at Risk of ‘Double-Dip’ Recession Without Additional Coronavirus Relief
That’s according to a new analysis published by S&P economists, which argued that without additional stimulus measures amid a surge in COVID-19 cases, the GDP – the broadest measures of goods and services produced in the country – will almost certainly decline for two consecutive quarters, postponing a full recovery until the second half of 2022.

Americans are likely to see prices jump across a variety of sectors next year, thanks in part to Covid-19 vaccines that will potentially turbocharge demand for such pandemic casualties as travel and tickets to sporting events.
                                                                   Gold currently at $1,873.31, silver at $24.67

December 10, 2019  quote-dream-millionaire

WHEN SOMEONE TOLD ME I LIVED IN A FANTASY LAND I NEARLY FELL OFF MY UNICORN.

Let’s have a bit of fun today, okay?  Searching the WWW, I came upon this definition of Passive Income.
Passive income is earnings derived from a rental prop-erty, limited partnership or other enterprise in which a person is not actively involved.  As with active income, passive income is usually taxable.  However, it is often treated differently by the Internal Revenue Service (IRS). [May 9, 2019]

Here’s Sunny Lenarduzzi to provide us with “Three 100%_evidence_based Passive Income Strategies.”

This is my favorite NO NONSENSE quote from Warren Buffet, “If you don’t find a way to make money while you sleep, you will work until you die.”  And I certainly don’t want to work!  🙂

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Come From Aways, Do You?

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