Good morning. One non-tech trend of the past few years has been a shift in consumer spending. There’s less money being spent on goods, and more being spent on experiences. Toymaker Hasbro (HAS) is laying off 20 percent of its staff, citing poor toy sales… although competitor Mattel (MAT) is still benefitting from the success of the Barbie movie.
But experiences remain much stronger. AAA reports that a record number of Americans are likely to travel for Christmas this year. That could be a boon for airliners, hotel stocks, and other players in the travel and tourism space.
Traders and investors may want to take a closer look at this trend to see which companies are getting the biggest bang out of this trend, as they’ll likely continue to be a winner well into next year.
Now here’s the rest of the news:
The Global Food Crisis Has Intensified A gut-wrenching trend is emerging as the world economy continues to suffer. One in five children now… [Read Here]
Robert Kiyosaki: “We’re At The End Of An Empire” “Rich Dad Poor Dad” author Robert Kiyosaki has hit the nail on the head by predicting the collapse of our economy… [Read Here]
December 13, 2022
There’s a lot of economic data coming out this week. The most important pieces include the last consumer price index (CPI) data for the year. That should show that inflation continues to decline, although it will still likely remain uncomfortably high.
And the Federal Reserve is meeting this week, with expectations this week for a 0.50 percent rate hike. While markets liked that the pace will be slowing from the 0.75 percent hikes from earlier this year, a slower pace gives the Fed a longer time to raise rates overall.
Until Fed rates are higher than inflation, we can expect the tightening to continue. So traders shouldn’t overlook more opportunities to play a leg down in markets in the coming weeks.
Now here’s the rest of the news:
Ron Paul: Ben Bernanke Wrecked the U.S. Economy and Won a Noble Prize
Recently, the Nobel Foundation awarded Ben Bernanke the 2022 Nobel Prize in economic sciences because he significantly improved our understanding of… [Read Here]
This $80 Trillion “Blind Spot” Could Crash the Global Financial System
Pensions have been in trouble for the last couple of decades. After the stock market tanked for three years in between 2000 and 2002, the bottom fell out during… [Read Here]
December 13, 2021
The most recent inflation data shows that prices increased an average of 6.8 percent over the past year. With year-end bonuses and pay raises on the horizon, many workers are discovering that getting a 1, 2, or 3 percent pay raise means they’re still losing money in real terms.
That may spur the great resignation trend, with workers shifting towards jobs that pay a higher starting salary. And as long as employers are short-handed, there’s now a potential economic spiral where rising wages continue to fuel inflation… which continues to fuel a demand for higher wages. For investors and traders, it points to lower market returns going forward, although stocks will still likely be the best game in town as companies find ways to pass on higher costs.
Precious Metals Prices Price at week’s end (change over last week)
The Price of Choosing the Wrong Gold IRA Company? $3000,000
This is one retirement account mistake you don’t want to make. Not only can it cost you, it is even more painful because it’s such an easy mistake to avoid! [Read Here]
Why Some People Will Suffer from Social Security “Sticker Shock” in 2022
Mainstream media has been making a big deal about Social Security’s cost-of-living-adjustment (COLA) for next year. “Biggest jump since 1983,” according to at least one source. [Read Here]
December 13, 2020
Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Naturally beautiful: Remains of the SS Ethie shipwreck on 1919 on Martin’s Point (near Woody Point)
in Gros Morne National Park, Newfoundland.
December 13, 2019
Good morning. The U.S. Producer Price Index slowed to 1.1% year-over-year growth, its slowest pace since September 2016. While sowing growth tends to give investors fear, producer prices tend to be an indicator of inflation.
So that’s a sign that inflation still isn’t yet a problem for the economy. And the better news? The last time growth in PPI got this slow, we started to see a great stock market rally starting in November 2016. While there are plenty of other factors at play, low expectations for inflation tend to keep investors in the market rather than in inflation hedges like gold. It’s another argument to stay long, even if occasionally cautious.
** ** **
“Gossiping has become the main form of communication in human society. It has become the way we feel close to each other; because it makes us feel better to see someone else feel as badly as we do. There is an old expression that says, ‘Misery loves company,’ and people who are suffering in hell don’t want to be all alone.” — Don Miguel Ruiz
To summarize one of the basic tenets from Don Miguel Ruiz’s book The Four Agreements, be impeccable with your word. Speak with integrity. Say only what you mean. Avoid using your words to speak against yourself or to gossip about others. Use the power of your word in the direction of truth and love.
For almost everyone, gossip has been a part of our lives since we were children. Chances are we heard the adults in our lives gossiping & giving their opinions about other people. We saw gossip as a normal way to communicate. Everyone was doing it.
Everyone is still doing it; it’s omnipresent. Look around. Tabloid magazines are full of gossip. Reality TV capitalizes on people talking bad about one another. Social media sites are full of people venting about individuals — often times, people they don’t know — using words they wouldn’t dare speak in face-to-face conversation. 😉
December 13, 2018
How To Rise From A Rut… You Are Capable
We’ve all been there. Feeling like we’re trapped in the same, boring routine and there’s no way out. Ruts are generally accompanied by low energy, bad mood, and a sense of helplessness. If you’re anything like me, they also involve a good bit of self-loathing, strawberry licorice, and pizza. Ruts happen to all of us. Just looking at the word is exhausting. Why?
Ruts are mental quicksand. It seems like the harder we try to get out, the more we fall back in.
So, what’s the best way out? Ruts, like quicksand, are almost always more of an emotional challenge than they are physical. Slows your movements, slow your thought process, then assess your choices, gradually make a course of action, and recognize when to ask for and accept help. Don’t get so lost dwelling on past “should’ve” and “could’ve” moments that you forget about your current choices, panic, and dig yourself further.
Truth be told, we may not always like our options, but they do exist! Every day we have the choice to either be our best friend or our worst enemy, and what makes a rut so awful and exhausting is that we accidentally choose to be the latter. Know that you can either choose to look in the mirror and say, “it’s been a rough month, and I’m going to celebrate what my body can do by taking it for a walk” or “you’re so out of shape you couldn’t even run one mile like you should’ve been doing for the last month”. Try to catch yourself in these negative patterns, and slow yourself down! Use the moment to re-examine and ask yourself:
Where am I at in this situation?
What are some realistic options I could do right now?
Which of these options is most reasonable and requires the lowest effort?
Then, take action on the lowest effort option you’ve selected!
Start small and build on each task, addressing the smaller, lower energy items first. My favorite first task when getting out of a negative pattern is making a list of my past successes and things I enjoy. It not only leaves me feeling more positive, but it reminds me of what I’m capable of.
Just like when getting out of quicksand, a series of small efforts building upon one another is going to be FAR more successful than taking a big leap. And if you’re getting close to meeting your goal but feel like you can’t quite make it – ask for help! Find an accountability partner to throw you a rope, or someone to lift you up with moral support. Know when to ask for and accept help – we all need it from time to time!