Stocks touched all-time highs on Wednesday, closing off their lows following Fed meeting minutes and chaos in Washington D.C. Some big-name tech stocks sold off heavily, largely on fears that a Democratic-controlled Congress might be willing to reign in some of the antitrust issues that have flared up recently. However, it’s clear markets are more interested in monetary policy than in any potential political issue going on.
While that may change as some potential big votes come up in the new congressional session, it’s clear that the market uptrend remains in place, and that fiscal policy will likely loosen up as much as monetary policy.
Now here’s the rest of the news:
Having Already Dropped for Years, US Auto Sales Plunged to 1970s Level in 2020 –Wolf Richter, Wolf Street
Automakers are going upscale and raising prices as their salvation. And thereby they’re excluding a big part of the population from buying a new vehicle… [Read Here]
January 07, 2020
Good morning. Gold hit a six-year high on Friday, and then a seven-year high yesterday. The metal’s price has been trending up for nearly four years now, but recent geopolitical events have helped move it further. While many criticize gold as an investment on the grounds that it pays no dividends and generates no revenues, gold’s use as a market fear hedge still holds its luster. And with rising costs of production for lower ore, it doesn’t take much change in demand to move the metal’s price up, which could make gold stocks set for some great returns this year. …that’s gold!
Now business… A common objection in business is, “I am not interested. I am too busy already.”
US: “You are the busiest person I know. You have no time to visit. I can help you have more time. Could we talk about it during lunch one day, so it wouldn’t take away any of your precious time?”
Darren has a great topic today for discussion: “Becoming Unstoppable”
Whether you work for yourself, or someone else’s dreams … be relentless! 😉
January 07, 2019
Cooler this morning heading out … frost only … no snow yet this year!
Part of my 14 Day Challenge is to cold call more people; follow_up more, e_mail and send postcards to more people! Consistency and accountability! Leaders are readers … Yes I am!
Positive Thinking Has No Negative
In my favorite comic strip “Peanuts,” drawn by Charles Schulz, Lucy asks Charlie Brown what day of the week he likes best. For the next few frames, we see Charlie thinking, and thinking, and thinkin’. Finally, he says. “You know. I’ve always been kind of fond of tomorrow; YES … TOMORROW”!
For once, I have to disagree with good old Charlie Brown. My favorite day is Today, because every morning when I wake up, Today is what I have to work with. Stop worrying about that which you cannot control.
January 07, 2018
January 07, 2017
Easy six hours at work today … short and sweet!
Need to slip out to Staples and pick up some ink for my printer. Caryl came along to check out flannel shirts and to buy winter boots at Mark’s.
Success on both fronts. Started chili for our guest that will be arriving just after 5:00 PM.
Dinner was a hit! Our guests stayed around after dinner & dessert, although they were free to leave quickly if they needed to go dancing! Had a great social evening … with the expressed hope of making “Supper at the Walkers” a monthly event.
Our last guests left around 9:30 PM. After seeing ALL our guests on-their-way and wishing them all a very goodnight … I too was on my way … to bed!