During the last financial crisis, central banks started slashing interest rates to zero percent and added in bond-buying programs to support the economy. Those tools were brought back within the space of just a few weeks last year during the pandemic. Last time, there were fears of inflation that didn’t materialize.
Many are saying the same thing today. And it’s true: The consumer price index, or CPI, is still showing inflation at just 2 percent per year. However, when the stock market is up over 15 percent during a pandemic, it’s clear some of the inflation has made its way to asset prices. That’s even clearer when looking at home prices, which have now finally beat their 2005 peak, thanks to a 14.9 percent rise in the past year. If that’s where the money printing is going, it makes sense why many are buying homes and stocks right now, and why that trend is likely to continue.
Now here’s the rest of the news:
Culmination of Fed Interventions Inflates Historic “Everything Bubble”
Market addiction to the Fed’s QE has created a $7.8 trillion problem, and now a key indicator for overvalued asset prices points to an imminent reckoning. Here’s how we know there’s trouble… [Read Here]
February 16, 2020
Some don’t see a problem with 4 out of 500 companies being responsible for 67% of market returns. But what this tell us is that money flowing into company-weighted index funds are starting to have a pull-away effect on these large tech names, and that the best profits for individual traders will be in smaller, more off-the-radar names.
Options trading volumes have hit an all-time high. No sur-prise: Most of the volume is happening in tech names and fast-moving companies like Tesla Motors.
Today is DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
…and two more fabulous pictures of Newfoundland … A place I soon will live forever!
“I’d never even heard of Gander until I auditioned,” said Q. Smith,
who plays the stranded mother of a missing New York City firefighter.
“I want to see a moose!”
February 16, 2019
I’ve been head deep in a book called the ‘Compound Effect’ by founder of SUCCESS magazine, Darren Hardy. It has some amazing insights about proven ways to break bad habits.
It’s mid February now! Most of us are trying to make a positive change to our lives and since we’re more than a month into the New Year, this is when our bad habits rear their ugly heads. Break your bad habits. … you think?
That sugar laden high-calorie ice cappuccino or frappuccino every morning or the bowl of candy or chips in the break room…
The bottle of wine with dinner… the sweet treat after dinner… that late night crunchy snack that curbs your cravings… ‘n’ the list goes on & on.
If you’ve spent 20, 30, or even 40 years repeating unhealthy behaviors you’re trying to change then you have to be patient. It’s going to take time, but don’t forget these 3 words… Don’t give up! I’ve put together this cool video for yah!
“For it is the thoughts that you give precedence to that shape you character, create your circumstances, and determine your ultimate destiny.”
Here are 5 techniques that will get you there faster.
To Our Good Habits… 🙂