02-FEBRUARY 26-2022

Don’t Burn Bridges

Every leader faces unique circumstances and a unique group of people.  But there’s one thing is always the same, in any and every situation where other people are involved: if you want to succeed in building something real, you need to build relationships — and after you’ve built them, maintain them.

  • Real leadership is never something you can accomplish on your own.  Getting the job done means relying on the talents and good will of others, and you never know whose help you’ll suddenly need to count on.
  • One of the greatest abilities is like-ability.  For a leader, the ability to get along with many different kinds of people is as important as oxygen.  People will be willing to do a lot more for you, and give you more leeway when you need it most, if they not only trust and respect you but also like you.
  • Earn the respect of those on the other side of the table.  Make sure the other guy knows that you’re always going to be fair and honest and that he knows with crystal clarity where you will bend and wee you won’t.
  • Making enemies is never worth it.  You can’t succeed on your own, and if you want to do something great, you need people who are rooting for you, not people who are waiting to knock you down.  You need people who are cheering for you to succeed, not hoping for you to fail.

ACTION STEP
Make a list of people you’ve worked with in the past and with whom you may have left your relationship in less than ideal shape.  What can you do to go back and mend those bridges that may need repair?

February 26, 2021

That-was-SpinGood morning.
On Wednesday, shares of retail trader favorite GameStop (GME) managed to jump triple-digits higher.  And the trend continued with a 19 percent rally on Thursday, even as both days saw halts in trading for the stock.  Some are pointing out that shares never really got back under $40, and that those with short positions hoping to outwait retail traders have been unable to wait, potentially pushing shares higher.
The move in GME led to other retail names seeing some tremendous volatility both up and down.  Once again, it appears that funds short GameStop may have to liquidate other positions, which may explain some of the market’s recent volatility.

Are you currently playing any of the WallStreetBets names in the market?

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Now here’s the rest of the news:

StoneX: Gold to “Maintain High Prices” on Inflation. Slow Recovery. Low Yields  Central bank buying, low interest rates, inflation, and geopolitical turmoil will push gold higher.  And StoneX is keeping an eye on one more driver completely unrelated to the pandemic… [Read Here]

February 26, 2020

Who rings a telephone anymoreGood morning.  There’s an old Wall Street adage: Stocks take the escalator up, and the elevator down.  The past 2 trading days have been an elevator move, with the largest two-day point drop (but not percentage drop) on record.  While it may be tempting to give into the fear, remember that stocks had gotten overbought to begin with.
The coronavirus fears have been the biggest movers of the market so far this year, but at some point, it will be in the distant past, like the Ebola scare in 2015… or even the trade war fears that impacted markets throughout the last 2 years.

February 26, 2019

Happy Tuesday to YouTube!

“You BECOME What You #BELIEVE!” — OPRAH’S TEN RULES  🙂

IMG_0712
Come From Aways, Do You?

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05-MAY 14-2022

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05-MAY 13-2022

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05-MAY 12-2022

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05-MAY 10-2022

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05-MAY 09-2022

Good morning. People don’t mind inflation when it hits things like assets.  When stocks and home prices are rising, consumers feel wealthier.  This “wealth effect” tends to be beneficial to spending, which then become a self-fulfilling prophecy. The 2009-2020 market rally started with this effect.  The bank bailouts propped up the banks, but didn’t cause inflation on Main Street.  Today, thanks to the stimulus measures during the pandemic, Main Street went on a spending binge.  That’s caused a reverse wealth effect as the prices of goods like food and utilities are rising at a rapid rate — but now asset

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