One of America’s largest trading partners is also its closest, Canada. However, the country is in the grip of protests against Covid vaccine mandates that have seen truckers peacefully stop shipments of goods and services.
As a commodity-heavy producing nation, this could fuel further increases in inflation in the coming months in the US. But for Canada, it also points to the country rapidly falling into a recession. And with the country looking to crack down on bank accounts for those supporting the truckers, outages have been reported as many have looked to withdraw from the country’s banks entirely.
Traders should still stay bullish on the commodity space while this plays out… and potentially bearish elsewhere, as spillover effects could easily tip America’s slowing growth into a recession later in the year.
Now here’s the rest of the news:
Strategist Says Food Prices Are Going To Explode
Food prices drove much of the inflation rise in January, according to the latest data from the Bureau of Labor Statistics. And there’s no relief is in sight for consumers struggling with sky-high food expenses, says one strategist. [Read Here]
February 18, 2021
Last week, we noted that cryptocurrency dogecoin moved higher following a series of tweets from billionaire Elon Musk. We closed by asking “Who knows what a billionaire will spark on social media next?” The question was meant to be rhetorical, but apparently there was a real-world answer. Elon Musk tweeted earlier this week that he was using the app Clubhouse. As a result, ClubHouse Media (CMGR) shares saw a 1,200 percent jump – even though that company is unrelated to the app.
Since this seems to be an increasingly common theme, send us your thoughts on the following question: What asset is Elon Musk likely to tweet about next? And what stock is most likely to move as a result? [Hit “Reply” to this email and let us know what you think!]
Now here’s the rest of the news:
Bank of America Anticipates $2,000 Gold in 2021
Excess liquidity as well as the unsustainability of ballooning sovereign debt will support gold’s price this year. Two traditional sources of gold demand are likely to start buying soon. Who’ll be driving gold prices higher in 2021? [Read Here]
February 18, 2020
Setbacks … How To Move On!
Setbacks. They’re a fact of life. Despite our best intentions and well-laid-plans, life doesn’t always go according to our hopes and expectations. We all experience setbacks, both small and large, and even minor setbacks can have dramatic negative effects … if we all allow them to.
Thoughts of self-doubt creep in, hopelessness quickly settle in, and the downward spiral ensues. But it doesn’t have to be that way. There’s hope, and it starts with our mindset and how we view these so-called setbacks. Here are 5 ways to bounce back — better than ever — from life’s inevitable setbacks.
Embrace who you are. You, my friend, are human. As much as you want to be perfect and perennially in control, you’re not; no one is. But, you know what you are? You’re awesome, and you’ve had many, many successes in life — and there’s more to come. Like you, I’m a work in progress too. Mistakes are okay. They are learning opportunities. Being afraid is fine. Being comfortable being uncomfortable is a sign of growth.
Everything in life is temporary. Limitations, failings, losses, and setbacks are temporary. Pain and uncertainty pass. Time heals. But don’t watch time fly by. What can you take away from these experiences and situations? Take time to reflect.
Find gratitude in the present moment. Practicing gratitude gets a lot of love these days, and cliche as it may sound, it’s because it works. Every time. So, keep your head up. Take a deep breath and be grateful for everything that’s led you to me present moment — the people, the opportunities, the expe-riences. And be grateful for setbacks. You can let them destroy you or strengthen you. Your choice.
Reach out and help others. Setbacks are usually self-centered. As harsh as that sounds, it’s true. We usually end up wallowing in our own self-pity, and that’s okay — it’s normal. But, it can be one helluva trap. The key is catching yourself in this pattern, and when you do, re-focus on the people around you. Find a way to help someone else; it’s a sure-shot way to feel better.
Move on. It’s always darkest before the dawn. We all make mistakes. But successful people shake it off, rebound rapidly, and get back on track. Pull yourself out of the negative spiral, get support, and hop right back on the path to success by making the right decisions. Learn your lessons.
Here’s to moving forward…
What a great freedom machine this is… don’t you think? 😉
February 18, 2019
‘Family Day’ today!
The very best to you! 😉