02-FEBRUARY 23-2021

GuiltyGood morning.
A growing number of analysts are calling the stock market a bubble.  That’s based on a number of factors, such as corporate earnings or sales relative to price.  There’s also the Buffett Indicator, showing that the value of the total stock market is $49.2 trillion, but annualized GDP is $21.9 trillion.  That gives a total stock valuation of 224 percent of the current economy, a level that, historically, is well into overvalued territory.
But the funny thing about bubbles is how much higher they can go.  And with interest rates near zero, the real question is whether the bond market, which has $17 trillion of assets with zero percent or even negative yields, is in worse shape on a valuation basis than the stock market.

What’s the bigger bubble – stocks or bonds?

Hit “Reply” to this email and let us know what you think!

Now here’s the rest of the news:

The Fed Triggered an Insatiable Demand for the Riskiest Corporate Debt –Mike Shedlock
Not only are these purchases illegal, they’re leveraging their equity 7 to 1 for below-investment-grade corporate bonds.  Result?  Investors are buying junk bonds at low yields…

February 23, 2020

Price Alert!  As this post is being finalized, gold & silver are making massive moves higher.

Marketing CampaignGood Morning.
One analyst sees Bitcoin surging more than double in the next few months.  The reason?  For the first time in years, the cryptocurrency 50-day moving average has risen over the 200-day moving average.
That’s a bullish technical indicator called a golden cross.  And if that trend is true (and with cryptocurrencies it is hard to tell), some see Bitcoin heading as high as $26,000.  Why?  Be-cause the last golden cross in Bitcoin led to 170% surge.  The numbers may be optimistic, but Bitcoin is still in an uptrend.

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!

Newfoundland _7&8

February 23, 2019

Create a WordPress Membership Site with MemberPress

Look what I was taught to do in a manner of minutes with new-found-friend Robert Plank.  Check Robert’s instructional video below … if interested!

I’ve got the biggest smile on my face, right now, ’cause I’m not very techie at all … so if I ever have to watch this again, I just have to come back here and watch it.  I only see one hang-up however!  Should YouTube decide to deny access, or Robert Plant deletes this tutorial, it is gone!  😉

February 23, 2017

Ketchup2

Why Efficiency Sucks!

When it comes to efficiency, well, who doesn’t want that?  Better gas milage, a washing machine that uses less water, light bulbs that use less electricity…

As investors, we are trained to love productivity and efficiency.  On the productivity front, a company that gets more output from its employees is typically a more profitable company.  If you have one person doing the job of two, well, costs are lower, which means profits will be higher, right?

Again, investors always value productivity and efficiency.  But in the bigger picture, is there any way to factor the fate of the 9,500 employee that were fired into the value equation?

Do we really need a Heinz ketchup AND a Kraft Ketchup?  I understand the free market argument here.  Capitalism is all about ownership…

Would YOU have approved the Heinz and Kraft merger?

REW

IMG_0712
Come From Aways, Do You?

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09-SEPTEMBER 18-2021

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09-SEPTEMBER 17-2021

Good morning. We’re fans of following company insiders when they buy their own shares.  That’s because they only buy if they see a good value going forward.  Most company insiders are partially compensated in shares, so they have plenty of reasons to sell, from portfolio diversification to big spending bills like a second house or divorce. Overall, buying with company insiders produces excess returns compared to the market.  But they’re not the only insider group out there. Consider Congress.  Last year, two senators sold off stocks after an early hearing on Covid and before the big crash.  House Speaker Nancy

09-SEPTEMBER 16-2021

Good morning. Yesterday marked the 13th anniversary of the collapse of Lehman Brothers, a “victim” of over leverage on the US housing market.  Yesterday also marked the day when Evergrande, a Chinese real estate firm, stated that it wouldn’t pay interest on its already-collapsing bonds. For years, many have warned about the size and rate of China’s real estate buildup, from empty cities to investment homes that sit unused (one of the few places where citizens can park cash).  While we’re optimistic that the damage can be contained to China and not impact global growth too much, we also can’t

09-SEPTEMBER 15-2021

Good morning. We’ve warned for weeks that stocks are at elevated levels, and that a modest pullback would be likely.  Now, however, investor sentiment has gotten heavily bearish, for more than just a small pullback. That’s somewhat concerning, as fears of a market pullback could lead to enough profit-taking and cash-raising that it becomes a self-fulfilling prophecy.  However, a market so quick to get so bearish could also be a sign that there’s still a major rally ahead.  Bull markets don’t die when investors get fearful.  Rather, it’s when investors get so bullish that they go all-in at record highs.

09-SEPTEMBER 14-2021

Good morning. With Labor Day weekend over, oil prices should be trending down.  The summer driving season in North America is over, and it’s largely an American phenomenon.  However, expectations for a potentially colder-than-average winter are keeping a bid under oil prices right now. At a time when traders typically expect lower prices going forward, oil is now at a 5-week high and trending higher.  And Bank of America analysts see crude oil pumping as much as $100 per barrel under an exceptionally cold winter scenario.  It’s likely that gas prices may remain higher for longer than expected, and can

09-SEPTEMBER 13-2021

Good morning. Last week, Treasury Secretary Janet Yellen warned that the measures underway to preserve cash at the US Treasury were likely to run out in mid-October.  Unless Congress acts to raise the debt ceiling, there could be a potentially debt cliff where a number of government programs simply don’t get paid. That’s a scenario that nearly unfolded in 2011. 10 years ago, it also provided the stock market with a flat return for the year and a closest thing to a selloff since the housing crisis two years before that.  Last week’s market weakness may be starting to reflect

09-SEPTEMBER 12-2021

Here’s to a better YOU … and now … Today’s DarrenDaily Recap Sunday.  A collection of the weeks videos from Darren Hardy.  Enjoy! Describing its beauty!!!  Fishing boats on the River Gwaun at Lower Town in Fishguard on the Pembrokeshire coast in Wales,U.K. It doesn’t matter how you get there … only that you come to visit! September 12, 2020 Whew! This year has definitely been one for the books. Between the “illness”, unrest, and just general uncertainty 2020 can move anytime! But, you know what really helps me when things get super overwhelming? Gratitude. Staying focused on the things

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